1727 16Th St Bakersfield, CA 93301

This newly renovated, single-story office building in Bakersfield, CA, offers 3,013 square feet across five individual suites, each approximately 580 square feet. Located at 1727 16th Street, at the southeast corner of 16th and G Streets, this property benefits from a prime downtown location near Dignity Health Mercy Hospital and surrounded by various amenities including offices, medical facilities, retail, and restaurants. The building, constructed in 1973 and completely renovated in 2024, features exterior suite entrances from the parking lot, providing convenient access for tenants and visitors. Currently, two suites are leased on a month-to-month basis, and one lease expires February 28, 2026, leaving three vacant suites. This presents an excellent owner-user opportunity, allowing for partial occupancy while generating rental income from the other tenants. Each suite has separate electric and gas meters, and the building boasts 11 on-site parking spaces, supplemented by ample street parking. The total monthly gross rent is $1,430. Common restrooms are available for all tenants. The property sits on a 0.2-acre lot and is zoned C-C. The asking price for this exceptional investment opportunity is $695,000.