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    Retail Buildings with Income Potential Title is generated by Realmo AI

    1039 Niles St, Bakersfield, CA

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    Two commercial buildings totaling approximately 3,500 SF for sale.

    Type:RETAIL
    Property size:
    3,500 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $150/SF
    Added:
    Aug 6, 2025
    Days on Market:
    321
    Last Refresh:
    May 20 at 9:41 pm

    Property Features for 1039 Niles St

    General Information

    Standard status
    Active
    Size
    3,500 SF
    Lot size
    0.17 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Jared Ennis
    Jared Ennis

    Listing agent Kevin Land License #01516541

    Listing office KW Commercial | Central California

    Listing date Aug 6, 2025

    Source Moodyscre

    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

    HighLights

    • Owner User Opportunity | Value Add Potential
    • Corner Location w/ Limited Competition | Strategic Trade Area
    • Ample Street Parking & Easy Access to CA- 178
    • Easy Access from Surrounding Major Corridors & Downtown
    • Quality Construction | Well Maintained | Economical Spaces
    • (2) Commercial Buildings: (4) Units Totaling ±3,500 SF

    Overview

    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.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $50.4k $14.40
    − Vacancy −$2.5k −$0.72
    EGI $47.9k $13.68
    − OpEx −$14.4k −$4.10
    NOI $33.5k $9.58
    3,500 SF · lease $14.40/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $478.8K
    $419.0K – $558.6K (±1% cap)
    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 (±1% cap)
    NOI $65,016 @ 7.0% cap · market cap 12.38%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Botanica Mi Gitana Religious Bookstore Vargas Party Supply Party Supply Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Bakersfield Florist — 1217 Mount Vernon Ave, Bakersfield, CA 93306
    • Flores Para Todo Eienio — 1201 chamberlain ave, bakersfield, ca 93305

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -118.985
    Latitude
    35.3802

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    FAQs

    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
    (559) 705-1000 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jared Ennis
    Jared Ennis
    Real Estate License ID: 01516541
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