2503 Niles St Bakersfield, CA 93306
For Sale
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**SHORT TERM LEASE W/ EXISTING TENANTS 2503 Niles St. Bakersfield, CA 93306 (SEC) Prime Retail Group is proud to have been exclusively chosen to present the opportunity to Purchase or Lease an irreplaceable location at the South East Corner of Niles & Webster st in Bakersfield, CA (Kern County). The buildings have a combined rentable square footage of +/- 8,617 SF which include a two-story building, sanctuary, and a separate office building– all on +/- 1.76 acres of land with strong demographics, multiple ingress/egress points, and fantastic visibility from all directions. The property features mixed zoning (C-1 & R-2) which could create an adaptive reuse opportunity with the existing structures or a development opportunity with a Junior Anchor + Retail/QSR or a Gas Station. Niles Street is one of the busiest and most dense retail corridors in East Bakersfield, and with the right vision, this site holds tremendous upside post-acquisition
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Greater Bakersfield Ministries Church
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.