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16 Tobias St

5,720 SF Vacant Retail Building Kernville, CA 93238 $875,000 ($153/SF)

Investment Highlights

  • This Kernville property features a flexible two-story layout with a 3,300 sq ft ground-floor commercial space that can be divided into three units. Up

Executive Summary

Seize the chance to own a remarkable income-generating property in vibrant Kernville, CA, where tourism thrives year-round! This spacious two-story commercial building is strategically located right on Circle Park, making it an ideal spot for businesses and tenants alike.On the first floor, a generous 3,300 sq ft space awaits, ready to be leased as one large area or split into three separate units, each with its own electric meter and shared access to restrooms and a laundry facility. Tenants also enjoy private rear entrances and ample parking.The second floor offers three rentable apartments. Units #1 and #2 are cozy 440 sq ft spaces, each featuring a living area, kitchen, bedroom, and 3/4 bath. The spacious 1,540 sq ft Unit #3 served as the owner’s customized residence and includes a bright living room with vaulted ceilings, a propane fireplace, and access to a covered patio overlooking Circle Park. This unit has two bedrooms, two bathrooms, and an office.Added bonus: a brand-new, 50-year "Cool Roof" for long-term durability! The upstairs units share an outdoor deck for relaxed, scenic views. Schedule your appointment today to explore this rare gem in the heart of Kernville!

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,720 SF
Building Class
B
Year Built
1958
Price
$875,000
Price Per SF
$153
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.94
Lot Size
0.14 AC
Zoning
C-1 - Commercial C-1 Kern County Use Code 1203 - COMBO RES & RETAIL
Parking
8 Spaces (1.4 Spaces per 1,000 SF Leased)
Frontage
40 FT on Tobias

Amenities

  • Roof Terrace
  • Balcony

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
082-182-14-00-6
Land Assessment
$61,466
Improvements Assessment
$307,387
Total Assessment
$368,853
  • Listing ID: 29203491

  • Date on Market: 8/6/2023

  • Last Updated:

  • Address: 16 Tobias St, Kernville, CA 93238

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