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2530 Wible Rd 3,305 SF Vacant Retail Building Bakersfield, CA 93304 $750,000 ($226.93/SF)
Investment Highlights
- Attractive price point for owner-user or entrylevel investor
- Located within a dense and established trade area
- Opportunity to reposition and increase income through lease-up
- Over 158,000 residents within a 3-mile radius
Executive Summary
Colliers is pleased to present the opportunity to acquire a +/- 3,305 SF freestanding retail building at the signalized intersection of Wible Road and Wilson Road in Southwest Bakersfield. The property offers excellent visibility along a high-traffic corridor and is located just minutes from Highway 99 and the Valley Plaza Mall. Configured with two separately metered units, the asset provides flexibility for owner-users or investors seeking multi-tenant occupancy and value-add potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,305 SF
Building Class
C
Year Built/Renovated
1962/2010
Price
$750,000
Price Per SF
$226.93
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.27 AC
Zoning
C-2 - Commercial/ Multiple Uses
Parking
21 Spaces (6.35 Spaces per 1,000 SF Leased)
Amenities
- Tenant Controlled HVAC
- Balcony
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- West Fair Bar & Lounge
- -
- -
- -
- -
- Westfair
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| West Fair Bar & Lounge | - | - | - | - | ||
| Westfair | Accommodation and Food Services | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Rent is negotiable. Please contact broker for additional information.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,100 SF | Retail | - | Now |
1st Floor
| Size |
| 1,100 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 1,100 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Rent is negotiable. Please contact broker for additional information.
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 023-500-25-02-3 | Improvements Assessment | $555,900 |
| Land Assessment | $107,100 | Total Assessment | $663,000 |
Property Taxes
Parcel Number
023-500-25-02-3
Land Assessment
$107,100
Improvements Assessment
$555,900
Total Assessment
$663,000
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