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165 Center St

2,234 SF Office Building Taft, CA 93268 £418,611 (£187/SF) 8.02% Net Initial Yield

Investment Highlights

  • An approximately + 2,234 SF freestanding commercial building
  • Parking lot recently sealed and striped
  • Well maintained building
  • Drive through lane

Executive Summary

New 10-year lease with the California Department of Motor Vehicles will be commencing January 1, 2025, giving the next owner a full 10 year investment.

Attachments

CenterSt-165-SB

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
2,234 SF
Building Class
C
Year Built
1970
Price
£418,611
Price Per SF
£187
Net Initial Yield
8.02%
NOI
£33,573
Tenancy
Single
Number of Floors
1
Typical Floor Size
2,234 SF
Building FAR
0.18
Lot Size
0.29 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
DC - Downtown Commercial, City of Taft
Parking
13 Spaces (5.82 Spaces per 1,000 SF Leased)

Amenities

  • Central Heating
  • Suspended Ceilings
  • Monument Signage
  • Air Conditioning
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165 Center St, Taft, CA - Floor plan Image
Walk Score ®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 031-430-01-00-4 Improvements Assessment £229,853
Land Assessment £39,905 Total Assessment £269,757

PROPERTY TAXES

Parcel Number
031-430-01-00-4
Land Assessment
£39,905
Improvements Assessment
£229,853
Total Assessment
£269,757
(661) 631-3818

Contacts

  • Listing ID: 33383472

  • Date on Market: 02/10/2024

  • Last Updated:

  • Address: 165 Center St, Taft, CA 93268

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165 Center St, Taft, CA for sale Building Photo- Image 1 of 9
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165 Center St, Taft, CA for sale Floor Plan- Image 2 of 9
Floor Plan
165 Center St, Taft, CA for sale Building Photo- Image 3 of 9
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165 Center St, Taft, CA for sale Building Photo- Image 4 of 9
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165 Center St, Taft, CA for sale Building Photo- Image 5 of 9
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165 Center St, Taft, CA for sale Building Photo- Image 6 of 9
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165 Center St, Taft, CA for sale Building Photo- Image 7 of 9
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165 Center St, Taft, CA for sale Building Photo- Image 8 of 9
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© 2024 CoStar Group

165 Center St
(661) 631-3818 x

165 Center St

1/2

Jason Alexander

(661) 631-3818

(661) 631-3818

Cameron Mahoney

(661) 428-5431

(661) 428-5431

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