Retail Buildings with Income
For Sale
Contact for pricing
1039 Niles St, Bakersfield, CA
Two commercial buildings totaling approximately 3,500 SF for sale.
Property Size3,500 SF
Lot Size0.17 Acres
Price / SF$150
Days on Market438
Property Features for 1039 Niles St
General Information
Standard status
Active
Size
3,500 SF
Lot size
0.17 Acres
Property subtype
RETAIL
Listing Agency:
KW Commercial | Central California
(559) 705-1000
Listed By:
Jared Ennis
(559) 302-8698
Source:
Moodyscre
Added: Aug 6, 2025
Changed: Oct 12
Last Checked: Oct 16 at 7:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial | Central California
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property features two commercial buildings, comprising four units and totaling approximately 3,500 square feet. The property benefits from a corner location with limited competition in a strategic trade area. The buildings are of quality construction, well-maintained, and offer economical spaces. Ample street parking is available, and the location provides easy access to CA-178, surrounding major corridors, and downtown. One of the buildings has an existing tenant. The property is located in a secure, private, and established location with a quality tenant mix. This presents an owner-user opportunity with value-add potential, requiring little management or maintenance.
Key Highlights
- Owner User Opportunity | Value Add Potential
- Corner Location w/ Limited Competition | Strategic Trade Area
- Ample Street Parking & Easy Access to CA- 178
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,516
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$670,320
$670.3K
Cap Rate 7%
$478,800
$478.8K
Cap Rate 9%
$372,400
$372.4K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$50.4K $14.40/SF
− Vacancy
−$2.5K −$0.72/SF
EGI
$47.9K $13.68/SF
− OpEx
−$14.4K −$4.10/SF
NOI
$33.5K $9.58/SF
Area
Bakersfield, CA
Vacancy
5.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$670,320
Cap Rate 7%
$478,800
Cap Rate 9%
$372,400
Alternative Uses
Best Use
Retail
$478.8K
$419.0K – $558.6K
NOI $33,516 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$928.8K
$812.7K – $1.08M
NOI $65,016 @ 7.0% cap · market cap 12.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
666
Businesses Nearby
30k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Bank of America
Shops & Services
11,050 visits/mo
0.3 miles
ARCO
Shops & Services
6,737 visits/mo
0.1 miles
AMPM
Shops & Services
4,700 visits/mo
0.1 miles
76
Shops & Services
4,619 visits/mo
0.3 miles
Watermill Express
Shops & Services
2,886 visits/mo
0.4 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Bakersfield, CA
Similar Off Market Nearby
- Flourishing Art Design Studio — 407 E 19th St, Bakersfield, CA 93305
Frequently Asked Questions
What type of property is this?
Storefront property - Two commercial buildings totaling approximately 3,500 SF for sale.
Where is this storefront property located?
The property is located at 1039 Niles St Bakersfield, CA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Owner User Opportunity | Value Add Potential; Corner Location w/ Limited Competition | Strategic Trade Area; Ample Street Parking & Easy Access to CA- 178
