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Infill Retail Dev. Opportunity +/- 1.76 AC 1001-1011 Stine Rd 11,668 SF 100% Leased Office Building Bakersfield, CA 93309 $1,500,000 ($128.56/SF)



Investment Highlights
- 378 Ft of Niles Frontage
- Irreplaceable Site Location
- Jr Anchor + Retail/QSR Pad or Gas Station
- Development Opportunity
- Corner Location
- Priced Below Replacement Cost
Executive Summary
Prime Retail Group is pleased to exclusively present a rare opportunity to purchase or lease a highly visible commercial property located at the SEC of Niles Street and Webster Street in Bakersfield, California, County of Kern.
The property consists of approximately ±8,617 square feet of rentable improvements, including a two-story building, a sanctuary, and a separate office building, all situated on approximately ±1.76 acres. Benefiting from excellent demographics, multiple points of ingress and egress, and outstanding visibility from every direction, the site offers exceptional exposure and accessibility.With a combination of C-1 (Neighborhood Commercial) and R-2 (Medium Density Residential) zoning, the property presents a compelling opportunity for adaptive reuse of the existing improvements or a future redevelopment. Potential uses may include a junior-anchor retail center with complementary retail and QSR pads, a fuel station with convenience store, Car Wash, or other commercial and mixed-use concepts, subject to municipal approvals.
Positioned along one of East Bakersfield's busiest and most established retail corridors, Niles Street experiences strong traffic volumes and serves a dense surrounding population. The subject site offers significant long-term upside and value add potential.
The property consists of approximately ±8,617 square feet of rentable improvements, including a two-story building, a sanctuary, and a separate office building, all situated on approximately ±1.76 acres. Benefiting from excellent demographics, multiple points of ingress and egress, and outstanding visibility from every direction, the site offers exceptional exposure and accessibility.With a combination of C-1 (Neighborhood Commercial) and R-2 (Medium Density Residential) zoning, the property presents a compelling opportunity for adaptive reuse of the existing improvements or a future redevelopment. Potential uses may include a junior-anchor retail center with complementary retail and QSR pads, a fuel station with convenience store, Car Wash, or other commercial and mixed-use concepts, subject to municipal approvals.
Positioned along one of East Bakersfield's busiest and most established retail corridors, Niles Street experiences strong traffic volumes and serves a dense surrounding population. The subject site offers significant long-term upside and value add potential.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
11,668 SF
Building Class
B
Year Built
1986
Price
$1,500,000
Price Per SF
$128.56
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,395 SF
Building FAR
0.14
Lot Size
1.94 AC
Zoning
C-O - Commercial Retail
Parking
20 Spaces (1.25 Spaces per 1,000 SF Leased)
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Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $525,297 | |
| Land Assessment | $270,602 | Total Assessment | $795,899 |
Property Taxes
Parcel Numbers
Land Assessment
$270,602
Improvements Assessment
$525,297
Total Assessment
$795,899
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Infill Retail Dev. Opportunity +/- 1.76 AC | 1001-1011 Stine Rd
