Flexible Storefront
For Sale
Contact for pricing
1110 & 1122 19th St, Bakersfield, CA 93301
A 1955 commercial property provides adaptable space for specialty retail, boutique office, creative, or professional use.
Property Size10,000 SF
Price / SF$153
Days on Market200
Property Features for 1110 & 1122 19th St
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Retail
Building Details
Year Built
1955
Building Size
10,000 SF
Listing Agency:
Colliers - Bakersfield, California
(661) 631-3807
Listed By:
Garret Tuckness · License #CA 01323185
Source:
Crexi
Added: Feb 12
Changed: Aug 30
Last Checked: Aug 30 at 10:34AM
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 Colliers - Bakersfield, California
Investment Insights
Based on property information with market context.
Positioned at 1110 & 1122 19th St in Downtown Bakersfield, this storefront property contains approximately 10,000 SF of interior space. Constructed in 1955, the building offers a flexible configuration that can accommodate a range of commercial applications.
The property is suited to boutique office, specialty retail, creative, and professional uses. Its location within Downtown Bakersfield places the building in an established urban commercial corridor, providing a central setting for an owner-user or commercial occupant.
The property is suited to boutique office, specialty retail, creative, and professional uses. Its location within Downtown Bakersfield places the building in an established urban commercial corridor, providing a central setting for an owner-user or commercial occupant.
Key Highlights
- ±10,000 SF storefront building
- Constructed in 1955
- Located at 1110 & 1122 19th St, Bakersfield, CA 93301
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$95,760
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.26%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,915,200
$1.9M
Cap Rate 7%
$1,368,000
$1.4M
Cap Rate 9%
$1,064,000
$1.1M
Market Conditions
NOI Build-Up for 10,000 SF
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.
Gross rent
$144.0K $14.40/SF
− Vacancy
−$7.2K −$0.72/SF
EGI
$136.8K $13.68/SF
− OpEx
−$41.0K −$4.10/SF
NOI
$95.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,915,200
Cap Rate 7%
$1,368,000
Cap Rate 9%
$1,064,000
Alternative Uses
Best Use
Retail
$1.37M
$1.20M – $1.60M
NOI $95,760 @ 7.0% cap · market cap 6.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.65M
$2.32M – $3.10M
NOI $185,760 @ 7.0% cap · market cap 12.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,398
Businesses Nearby
135k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Dining 45%
Hotels & Casinos 7%
Wells Fargo
Shops & Services
20,182 visits/mo
0.2 miles
Mister Car Wash
Shops & Services
19,190 visits/mo
0.3 miles
Starbucks
Dining
17,863 visits/mo
0.3 miles
Chevron
Shops & Services
16,316 visits/mo
0.5 miles
Jack in the Box
Dining
13,934 visits/mo
0.3 miles
Demographics for 93301, CA
14,518
Population
6,202
Households
2.3
Avg Household Size
33
Median Age
20%
College-Educated
83%
High-School Grad
4.3 sq mi
ZIP Area
3,376
Density / Sq Mi
$40,725
Median Household Income
$36,623
Median Earnings
$1,129
Median Rent
$264,300
Median Home Value
Market
Vacancy Rate% for Retail in Bakersfield, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - A 1955 commercial property provides adaptable space for specialty retail, boutique office, creative, or professional use.
Where is this storefront property located?
The property is located at 1110 & 1122 19th St Bakersfield, CA.
What is the asking price?
The asking price for this property is $1,530,000.
What are key features of this property?
This property features: ±10,000 SF storefront building; Constructed in 1955; Located at 1110 & 1122 19th St, Bakersfield, CA 93301
