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Renovated Retail Building with Parking

528 Center St Taft, CA 93268

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Recently renovated retail building with parking on a 0.505-acre lot.

Type:Retail
Property size:
1,807 SF
Lot size:
0.51 Acres
Price / SF:
$137.80/SF
Added:
Oct 17, 2022
Days on Market:
1367
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 office C21 Commercial

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


Investment Insights

Based on property information with market context.

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.

Key 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.

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 (±1% cap)
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 (±1% cap)
NOI $27,022 @ 7.0% cap · market cap 10.85%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Building Supply Dental Office Law Firm Spa & Massage Center Hair Salon Big Box & Wholesale Store Gym & Fitness Center Pharmacy Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

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.
Contact an agent
(559) 359-4035 Call to check price and availability
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