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Mixed-Use Theater Property
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512 Center St, Taft, CA 93268

The property combines theater venues with apartments and commercial suites under Downtown Core Mixed Use zoning.

Property Size24,644 SF
Lot Size0.54 Acres
Price / SF$54.37
Days on Market7

Property Features for 512 Center St

General Information

Standard status Active
Size 24,644 SF
Lot size 0.54 Acres
Property subtype Retail, Multifamily
Zoning Downtown Core Mixed Use
Occupancy 77%
Investment Type Value Add

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Asking Price $1,340,000
Multifamily Units 4

Building Details

Year Built 1938
Year Renovated 2023
Buildings 3
Stories 2
Units 9
Tenancy Multi
Listing Agency: Olivieri Commercial Group
Listed By: Giana Olivieri · License #CA 01973774
Source: Crexi
Added: Aug 5 Changed: Aug 11 Last Checked: Aug 11 at 6:39AM

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 Olivieri Commercial Group

Investment Insights

Based on property information with market context.

This three-building mixed-use property contains approximately 24,644 square feet on a 0.54-acre site. The 512 Center St building includes two 100-seat theaters within approximately 4,369 square feet. At 516 Center St, the Fox Theatre occupies approximately 13,703 square feet and includes a 500-seat theater. The 518–526 Center St buildings add approximately 6,572 square feet with four apartment units and five commercial suites, reported at 77.8% occupancy. The improvements date to 1938.

The property sits at the northeast corner of Center Street and 6th Street, approximately 0.2 miles from CA Hwy 33 and 0.8 miles from CA Hwy 119. Taft College is approximately 0.8 miles away. Zoning is Downtown Core Mixed Use, identified as DC-MU by the City of Taft.

Key Highlights

  • Approximately 24,644 sq ft across three Center Street buildings
  • Two 100‑seat theaters at 512 Center St
  • 500‑seat Fox Theatre at 516 Center St

Property Analytics

Current Use

Theaters & concert halls

Suggested Use

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

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

4
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

560
Businesses Nearby

Demographics for 93268, CA

18,502
Population
6,289
Households
2.9
Avg Household Size
32
Median Age
9%
College-Educated
74%
High-School Grad
68.1 sq mi
ZIP Area
272
Density / Sq Mi
$55,473
Median Household Income
$28,563
Median Earnings
$998
Median Rent
$225,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines theater venues with apartments and commercial suites under Downtown Core Mixed Use zoning.
Where is this mixed-use property located?
The property is located at 512 Center St Taft, CA.
What is the asking price?
The asking price for this property is $1,340,000.
What are key features of this property?
This property features: Approximately 24,644 sq ft across three Center Street buildings; Two 100‑seat theaters at 512 Center St; 500‑seat Fox Theatre at 516 Center St
(661) 616-4453 Call to check price and availability
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