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    1700 Niles St Bakersfield, CA 93305

    Sponsored
    For Lease
    $24 SF/Yr

    Bakersfield Retail Space - 600 sq ft

    Lot size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 600-square-foot retail space, located at 1700 Niles Street in Bakersfield, California (zip code 93305), presents a unique investment opportunity within a well-established shopping center. The property is ideally suited for a variety of uses, including convenience stores, liquor stores, food establishments, office spaces, or medical clinics. Its single-tenant occupancy offers flexibility and control for the new owner. The building's location within a thriving shopping center provides excellent visibility and accessibility, ensuring high foot traffic and potential for significant growth. The property is situated in Bakersfield, CA, a dynamic city with a robust economy and a growing population. This prime location offers easy access to major transportation routes, ensuring convenient access for both customers and employees. The property's versatile nature makes it an attractive option for a wide range of businesses seeking a well-positioned space in a bustling commercial area. The existing infrastructure within the shopping center provides a supportive environment for new businesses to thrive. This is a rare opportunity to acquire a well-located, single-tenant retail space with significant upside potential in a growing market. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Serious inquiries are encouraged.

    Property Features for 1700 Niles St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,000 SF

    Unit(s) available at that property

    Space
    Size
    2,000 SF
    Rate per SF
    $24

    HighLights

    • High‑traffic location with excellent pedestrian and vehicular access.
    • Walk‑in refrigerator included.
    • Separate HVAC system.
    • Ample parking available.
    • Rear loading dock for convenient vendor access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pelacocos #1 Barber Shop Erbalife Grocery Store Rumbo Travel Travel Agency Fast Stop Convenience Store Botanica 7 Arcangeles Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -118.9751943
    Latitude
    35.378677

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    FAQs

    What type of property is this?
    Restaurant - Bakersfield Retail Space - 600 sq ft
    Where is this restaurant located?
    The property is located at 1700 Niles St Bakersfield, CA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: High-traffic location with excellent pedestrian and vehicular access.; Walk-in refrigerator included.; Separate HVAC system.
    Request Owner's contact information
    1700 Niles St Bakersfield, CA 93305
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    Bakersfield, CA 93305
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1700 Niles St Bakersfield, CA 93305
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