Renovated Retail Building with
528 Center St, Taft, CA 93268
Call to check price and availability
Recently renovated retail building with parking on a 0.505-acre lot.
Type:Retail
Property size:
1,807 SFLot size:
0.51 AcresPrice / SF:
$137/SF- Added:
- Oct 17, 2022
- Days on Market:
- 1321
- Last Refresh:
- May 19 at 10:29 pm
Property Features for 528 Center St
General Information
- Standard status
- Active
- Size
- 1,807 SF
- Lot size
- 0.51 Acres
- Property subtype
- Retail
Listing agent Jared Ennis License #CA
Listing office C21 Commercial (559) 359-4035
Listing date Oct 17, 2022
Source Crexi
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 C21 Commercial
HighLights
- Renovated in 2024 with new roof, flooring, lighting, and bathroom fixtures.
- ±1,807 SF retail building on a ±0.505 acre lot with private parking.
- Located on the corner of Center St & 6th St offering outstanding frontage and visibility.
- Wide open retail / office space.
- Brand new ADA restroom.
- Street parking in addition to multiple on‑site stalls.
Overview
This is a retail building offering approximately 1,807 square feet of space, situated on an approximate 0.505-acre lot. The building was renovated in 2024 and features a new roof, flooring, lighting, and bathroom fixtures. The property includes an ADA-compliant restroom. The space is designed as an open retail or office area. Located on the corner of Center Street and 6th Street, the property benefits from frontage and visibility. It is positioned against the street, providing street parking, in addition to on-site parking stalls.
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 | $27.1k | $15.00 |
| − Vacancy | −$1.6k | −$0.89 |
| EGI | $25.5k | $14.11 |
| − OpEx | −$7.7k | −$4.23 |
| NOI | $17.9k | $9.88 |
1,807 SF · lease $15.00/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$255.1K
$223.2K – $297.6K
NOI $17,854 @ 7.0% cap · market cap 7.17%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$386.0K
$337.8K – $450.4K
NOI $27,022 @ 7.0% cap · market cap 10.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Taft
- County
- Kern
- State
- California
- Longitude
- -119.459292
- Latitude
- 35.141109
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FAQs
What type of property is this?
Retail space - Recently renovated retail building with parking on a 0.505-acre lot.
Where is this retail space located?
The property is located at 528 Center St Taft, CA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Renovated in 2024 with new roof, flooring, lighting, and bathroom fixtures.; ±1,807 SF retail building on a ±0.505 acre lot with private parking.; Located on the corner of Center St & 6th St offering outstanding frontage and visibility.
