1201 24th St Bakersfield, CA 93301-2300
The Village at Towne Centre, located at 1201 24th Street in Bakersfield, California (zip code 93301), presents a unique investment opportunity. This single, two-story building offers a combined 6,159 square feet of retail and office space, situated on a prominent corner lot at the intersection of 24th Street and L Street. The property is zoned C-2, allowing for a variety of commercial uses. Currently, there are multiple spaces available, ranging from a minimum of 960 square feet to a maximum contiguous space of 4,000 square feet. A total of 11,412 square feet is currently vacant, presenting significant potential for immediate income generation. The property's location in Kern County provides excellent access to a thriving Bakersfield market. This is an exceptional opportunity to acquire a well-situated commercial property with considerable flexibility for various business types. The property's size and layout make it ideal for a variety of tenants, from small businesses to larger retail operations. The existing infrastructure is ready for immediate occupancy, minimizing upfront investment costs. This prime Bakersfield location offers high visibility and easy access for customers and employees. The property's strategic location and flexible space options make it an attractive investment for both short-term and long-term growth.
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Western Dental & Orthodontics Dental Office
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Agbayani Structural Engineering Engineer
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Dr. Madhuri Kothapalli, DDS Dental Office
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Juicy Burger Restaurant
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Creekside Organics Inc Organic Farm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Bakersfield, CABakersfield. Always verify with local authorities before improvements.
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.