1727 16th
3,013 SF 90% Leased Office Building Bakersfield, CA 93301 $675,000 ($224.03/SF)
INVESTMENT HIGHLIGHTS
- Building consists of five (5) individual suites containing +/-580 SF each
- New drought tolerant landscaping in flowerbeds with rock
- Two (2) suites are currently leased and three (3) suites are vacant
- Parking lot patched, slurry coated, and striped
EXECUTIVE SUMMARY
SALE PRICE REDUCED!! 1727 16th St is an approximately 3,013 SF single-story, multi-tenant general office building. Conveniently located at the southeast corner of 16th St and G St in the downtown Bakersfield submarket, the property is in close proximity to Dignity Health Mercy Hospital Downtown and is surrounded by office, medical, retail, and restaurants. This property presents a prime opportunity for an owner user to occupy a portion of the space while generating rental income from other tenants.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,013 SF
Building Class
C
Year Built/Renovated
1973/2024
Price
$675,000
Price Per SF
$224.03
Percent Leased
90%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,013 SF
Building FAR
0.34
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
C-C - Commercial Center
Parking
11 Spaces (3.65 Spaces per 1,000 SF Leased)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste Suite G & H | 580 SF | Office | - | Now |
| 1st Fl-Ste Suites C & D | 580 SF | Office | - | Now |
| 1st Fl-Ste Suites I & J | 580 SF | Office | - | Now |
1st Fl-Ste Suite G & H
| Size |
| 580 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste Suites C & D
| Size |
| 580 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste Suites I & J
| Size |
| 580 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1 of 2
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 004-042-01-00-7 | Improvements Assessment | $181,181 |
| Land Assessment | $45,270 | Total Assessment | $226,451 |
