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1727 16th
Bakersfield, CA 93301
Office Property For Sale
Investment Highlights
- Building consists of five (5) individual suites containing +/-580 SF each
- New drought tolerant landscaping in flowerbeds with rock
- Three (3) suites are currently leased and two (2) suites are vacant
- Parking lot patched, slurry coated, and striped
Executive Summary
SALE PRICE REDUCED!! 1727 16th St is an approximately 3,013 SF single-story, multi-tenant general office building. Conveniently located at the southeast corner of 16th St and G St in the downtown Bakersfield submarket, the property is in close proximity to Dignity Health Mercy Hospital Downtown and is surrounded by office, medical, retail, and restaurants. This property presents a prime opportunity for an owner user to occupy a portion of the space while generating rental income from other tenants.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,013 SF
Building Class
C
Year Built/Renovated
1973/2024
Price
$675,000
Price Per SF
$224.03
Percent Leased
62%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,013 SF
Building FAR
0.34
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
C-C - Commercial Center
Parking
11 Spaces (3.65 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 004-042-01-00-7 | Improvements Assessment | $399,000 |
| Land Assessment | $81,000 | Total Assessment | $480,000 |
Property Taxes
Parcel Number
004-042-01-00-7
Land Assessment
$81,000
Improvements Assessment
$399,000
Total Assessment
$480,000
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