3310 Truxtun Ave Bakersfield, CA 93301
Commonwealth Plaza offers a prime retail opportunity in Bakersfield's vibrant Truxtun Corridor. This single-story, 6,957 square foot building sits on a 1.5-acre lot and is zoned C-2 Commercial (APN 332-500-20). The property features three suites, with a minimum divisible space of 2,400 square feet and a maximum contiguous space of 6,957 square feet. Currently, one retail space is available. This highly visible end-cap suite benefits from its location at the well-lit intersection of Truxtun Avenue and Oak Street, ensuring excellent exposure to potential customers. The space previously housed a flower shop and includes valuable features such as cold storage, two private restrooms, and building signage. The building does not have elevators. This property presents a unique chance to establish or expand a business in a bustling downtown submarket. The property's size and configuration offer flexibility for a variety of retail or restaurant uses. Interested parties should note the convenient access and high visibility this location provides.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.