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Strip Mall with Retail Storefronts
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.

Days on Market52

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.
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.

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

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Building Supply Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

54%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,139
Businesses Nearby
24k
Monthly Visits Nearby

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

8.3% 2019
6.7% 2020
6.3% 2021
5.1% 2022
5.2% 2023
6.2% 2024
7.2% 2025
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
More about this property
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