Strip Mall with Retail
For Sale
$3,900,000
Pending
2800 Niles, Bakersfield, CA 93306
For-sale retail storefront property with partial occupancy, positioned near major national retailers and QSRs along Niles Street.
Property SizeContact for details
Days on Market61
Property Features for 2800 Niles
General Information
Standard status
Pending
Property subtype
Commercial
Occupancy
54%
Building Details
Year Built
1951
Listing Agency:
Markowitz Commercial Real Estate, Inc.
(818) 337-9066
Listed By:
Joshua Markowitz · License #01978248
Source:
Elliman
Added: Jun 12
Changed: Jul 10
Last Checked: Jul 31 at 5:44AM
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 Markowitz Commercial Real Estate, Inc.
Investment Insights
Based on property information with market context.
The offering is a strip mall-style retail property with multiple storefronts. The current occupancy is reported at 54%. The seller indicates the asset is being mismanaged and that incomplete records are available, and buyers are encouraged to complete thorough due diligence prior to closing.
The property is located on Niles Street, just east of Oswell Street, in Bakersfield, CA. The area includes major national retailers and QSRs nearby, including McDonald’s, Starbucks, Dollar General Market, and Vallarta. WalkScore is reported as 66 (somewhat walkable) and bikeScore as 50 (bikeable), with a transitScore of 24 (minimal transit).
This property can suit buyers looking for a retail investment opportunity with current cash flow in place and the ability to address operational and recordkeeping gaps. The partial occupancy status and noted management condition make careful underwriting and on-site verification important for any tenant or ownership group evaluating the stability and next steps for leasing and operations.
The property is located on Niles Street, just east of Oswell Street, in Bakersfield, CA. The area includes major national retailers and QSRs nearby, including McDonald’s, Starbucks, Dollar General Market, and Vallarta. WalkScore is reported as 66 (somewhat walkable) and bikeScore as 50 (bikeable), with a transitScore of 24 (minimal transit).
This property can suit buyers looking for a retail investment opportunity with current cash flow in place and the ability to address operational and recordkeeping gaps. The partial occupancy status and noted management condition make careful underwriting and on-site verification important for any tenant or ownership group evaluating the stability and next steps for leasing and operations.
Key Highlights
- Retail storefront property built in 1951 on Niles Street (just east of Oswell Street)
- Currently 54% occupied
- Neighboring/nearby national retailers and QSRs include McDonald's, Starbucks, Dollar General Market, and Vallarta
Property Analytics
Property Profile
Current Use
Lease Details
54%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,139
Businesses Nearby
24k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
9,287 visits/mo
0.2 miles
ARCO
Shops & Services
6,737 visits/mo
0.5 miles
AMPM
Shops & Services
4,700 visits/mo
0.5 miles
Watermill Express
Shops & Services
2,886 visits/mo
0.4 miles
Demographics for 93306, CA
74,623
Population
23,789
Households
3.1
Avg Household Size
32
Median Age
18%
College-Educated
77%
High-School Grad
97.3 sq mi
ZIP Area
767
Density / Sq Mi
$66,988
Median Household Income
$35,696
Median Earnings
$1,219
Median Rent
$290,700
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?
Strip mall - For-sale retail storefront property with partial occupancy, positioned near major national retailers and QSRs along Niles Street.
Where is this strip mall located?
The property is located at 2800 Niles Bakersfield, CA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Retail storefront property built in 1951 on Niles Street (just east of Oswell Street); Currently 54% occupied; Neighboring/nearby national retailers and QSRs include McDonald's, Starbucks, Dollar General Market, and Vallarta
