600 17th Street

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600 17th Street

Bakersfield, CA 93301
Asking Price
Contact for price
Asset Type
Religious/Church Special-purpose
Class
Class B

What's Special

Special Purpose | 9,677 SqFt <ul><li>​Well-maintained religious facility presents an excellent owner-user or redevelopment opportunity in Downtown Bakersfield</li><li>​On-site and street parking available</li><li>​Located within an Opportunity Zone</li><li>​Flexible C-C (Commercial Center) zoning allows for many commercial and/or multi-family uses</li><li>​Priced well-below replacement cost</li><li>​Two parcels total more than a half city block on 17th Street directly north of the Bakersfield Amtrak terminal</li><li>​Attrac

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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