Office Properties for Sale in Bakersfield offer a unique investment opportunity for those looking to capitalize on the city's strong economy and growing industries. As a hub for agriculture and energy production, Bakersfield's economy is driven by major employers like Chevron, Aera Energy, and Grimmway Farms, making Office Properties an attractive investment option. These properties can represent a range of investments, from Class A office spaces to medical offices and flex spaces, each with its own unique characteristics and benefits. Bakersfield's infrastructure, including its extensive highway network and historic rail connection, makes it an ideal location for businesses looking to establish a presence in the region. The city's amenities, such as the Meadows Field Airport and Mechanics Bank Arena, also contribute to its appeal as a business hub. Additionally, Bakersfield's proximity to Los Angeles and Sacramento, as well as its rich cultural scene, make it an attractive location for businesses and individuals alike.
Bakersfield's Office Properties for Sale offer a range of options for investors, with 31 listings available. The average price per square foot is $221 USD, and the average size is 25,220 square feet, with some properties reaching up to 572,414 square feet. In addition to Office Properties, Bakersfield also offers a range of other commercial properties for sale, including Commercial Real Estate, Apartment Buildings, Shopping Centers, and Hotels. The city's Commercial Real Estate market is driven by its strong economy and growing industries, making it an attractive option for investors. Apartment Buildings in Bakersfield offer a range of options, from luxury complexes to affordable housing, and are in high demand due to the city's growing population. Shopping Centers in Bakersfield are also a popular investment option, with many major retailers establishing a presence in the city. Finally, Hotels in Bakersfield offer a range of options, from budget-friendly motels to luxury resorts, and are in high demand due to the city's growing tourism industry. Overall, Bakersfield's Office Properties for Sale offer a unique investment opportunity for those looking to capitalize on the city's strong economy and growing industries.
What is the average price per square foot for office properties in Bakersfield?
The average price per square foot for office properties in Bakersfield is $221 USD.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in Bakersfield, it's essential to understand the classification system, which categorizes properties based on their quality, amenities, and location, to make an informed investment decision.
- Class A office properties are typically high-rise buildings with premium finishes, advanced technology, and top-notch amenities, often located in prime areas with easy access to major highways and public transportation.
- Class B office properties offer a balance between quality and affordability, featuring standard finishes and amenities, and are usually situated in decent locations with moderate access to highways and public transportation.
- Class C office properties are older, less renovated buildings with basic finishes and limited amenities, often located in less desirable areas with limited access to highways and public transportation.
