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2503 Niles St - Infill Retail Dev. Opportunity +/- 1.76 AC 8,617 SF Specialty Building Offered at $1,500,000 in Bakersfield, CA 93306



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
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $514,998 | |
| Land Assessment | $265,299 | Total Assessment | $780,297 |
Property Taxes
Parcel Numbers
Land Assessment
$265,299
Improvements Assessment
$514,998
Total Assessment
$780,297
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2503 Niles St - Infill Retail Dev. Opportunity +/- 1.76 AC
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