Niles Street Retail is a value-add opportunity with cash flow in place. The subject property is located on Niles Street, just east of Oswell Street, nearby major national retailers and QSRs such as McDonald's, Starbucks, Dollar General Market, and Vallarta. The property is currently 54% occupied. Niles Street Retail is currently mismanaged and the seller has incomplete records. All buyers are encouraged to complete thorough due diligence.
| MLS # | SR26124376 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 135 |
| Listing Provided By | Markowitz Commercial Real Estate, Inc. | Joshua Markowitz |
| SQ Feet | 40,031 |
|---|---|
| Story(s) | 1 |
| Acreage | 3.26 |
| Lot Features | Street Level |
|---|
| State | CA |
|---|---|
| County | Kern |
| City | Bakersfield |
| Zip Code | 93306 |
| Area | BKSF Bakersfield |
| Listing VS Median (in 93306) | |
Price: $3,700,000 low | high Med: $384,950 sqft: 40,031 low | high Med: 1,975 $ / sqft: $92 low | high Med: $198 On site: 135 low | high Med: 85 | |
| State | CA |
|---|---|
| County | Kern |
| City | Bakersfield |
| Zip Code | 93306 |
| Area | BKSF Bakersfield |
| Listing VS Median (in 93306) | |
Price: $3,700,000 low | high Med: $384,950 sqft: 40,031 low | high Med: 1,975 $ / sqft: $92 low | high Med: $198 On site: 135 low | high Med: 85 | |