2503 Niles St - Infill Retail Dev. Opportunity +/- 1.76 AC
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2503 Niles St - Infill Retail Dev. Opportunity +/- 1.76 AC
8,617 SF Speciality Building Offered at £1,538,550 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
2503 Niles St. Bakersfield, CA 93306 (SEC)
Prime Retail Group is proud to have been exclusively chosen to present the opportunity to Purchase or Lease an irreplaceable location at the South East Corner of Niles & Webster st in Bakersfield, CA (Kern County). The buildings have a combined rentable square footage of +/- 8,617 SF which include a two-story building, sanctuary, and a separate office building– all on +/- 1.76 acres of land with strong demographics, multiple ingress/egress points, and fantastic visibility from all directions. The property features mixed zoning (C-1 & R-2) which could create an adaptive reuse opportunity with the existing structures or a development opportunity with a Junior Anchor + Retail/QSR or a Gas Station. Niles Street is one of the busiest and most dense retail corridors in East Bakersfield, and with the right vision, this site holds tremendous upside post-acquisition
* Tenant occupied, do not disturb tenants. Contact Broker to tour.
Prime Retail Group is proud to have been exclusively chosen to present the opportunity to Purchase or Lease an irreplaceable location at the South East Corner of Niles & Webster st in Bakersfield, CA (Kern County). The buildings have a combined rentable square footage of +/- 8,617 SF which include a two-story building, sanctuary, and a separate office building– all on +/- 1.76 acres of land with strong demographics, multiple ingress/egress points, and fantastic visibility from all directions. The property features mixed zoning (C-1 & R-2) which could create an adaptive reuse opportunity with the existing structures or a development opportunity with a Junior Anchor + Retail/QSR or a Gas Station. Niles Street is one of the busiest and most dense retail corridors in East Bakersfield, and with the right vision, this site holds tremendous upside post-acquisition
* Tenant occupied, do not disturb tenants. Contact Broker to tour.
Property Facts
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £398,366 | |
| Land Assessment | £190,733 | Total Assessment | £589,099 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£190,733
Improvements Assessment
£398,366
Total Assessment
£589,099
zoning
| Zoning Code | R-2/C-1 |
| R-2/C-1 |
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Felix Diaz -
Prime Retail Group
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2503 Niles St - Infill Retail Dev. Opportunity +/- 1.76 AC
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