2800 Niles, Bakersfield, CA 93306

$3,900,000

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List Price
$3,900,000
Status
ACTIVE UNDER CONTRACT
MLS#
SR26124376
Year Built
1951
Lot Size
142,005
Acres
3.26
Lot Location
Street Level
Days on Market
50
Property Type
Commercial
Property Sub Type
Retail

Property Description

Niles Street Retail is a value-add opportunity with cash flow in place. The subject property is located on Niles Street, just east of Oswell Street, nearby major national retailers and QSRs such as McDonald's, Starbucks, Dollar General Market, and Vallarta. The property is currently 54% occupied. Niles Street Retail is currently mismanaged and the seller has incomplete records. All buyers are encouraged to complete thorough due diligence.

Additional Information

Water
Public
Attached Structure
Detached
Gross Scheduled Income
$276,960
Operating Expense
88236

Listing courtesy of Listing Agent: Joshua Markowitz (josh@markowitzcre.com) from Listing Office: Markowitz Commercial Real Estate, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.