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501 6th Street

Taft, CA 93268
  • $250,000
  • STATUS: Active
  • ON SITE: 90 Days
  • ID#: 202403502
$250,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,660
    SQFT
  • $151
    $/SQFT
Neighborhood:
99
Type:
Commercial
Built:
1968
County:
Area:
99

School Ratings & Info

Description

We are pleased to present the opportunity to acquire a Commercial investment building in the City of Taft, CA currently occupied by Adventist Health, who have been operating from this location since the year 2008. The building is 2-blocks from Taft's retail corridor (Kern St/CA-33) on the corner of 6th st & Lucard St. There are two (2) contiguous units with independent addresses and independent gas & electricity meters (501 & 503 6th St) but Adventist Health occupies both units with a total rentable square footage of 1,660 SF zoned General Commercial (GC) within Taft city limits. This asset demonstrates a great passive investment for an investor looking for a steady cash-on-cash return that's priced aggressively at $150/psf.

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Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2024. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by MV & Associates Real Estate or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2024-07-19T23:31:36.973.
www.kerncountyhome.com/homes/149634264
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501 6th Street Taft, CA 93268

  • Price: $250,000
  • Status: Active
  • On Site: 90 Days
  • ID#: 202403502
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1,660
SQFT
$151
$/SQFT
1968
Built
Neighborhood:
99
County:
Kern
Area:
99
Property Description
We are pleased to present the opportunity to acquire a Commercial investment building in the City of Taft, CA currently occupied by Adventist Health, who have been operating from this location since the year 2008. The building is 2-blocks from Taft's retail corridor (Kern St/CA-33) on the corner of 6th st & Lucard St. There are two (2) contiguous units with independent addresses and independent gas & electricity meters (501 & 503 6th St) but Adventist Health occupies both units with a total rentable square footage of 1,660 SF zoned General Commercial (GC) within Taft city limits. This asset demonstrates a great passive investment for an investor looking for a steady cash-on-cash return that's priced aggressively at $150/psf.
Property Features

Annual Gross Income 26400.00 Annual Net Income 17254.00 Cap Rate 6.9 Commercial Type Commercial Current Use Adventist Health Total Annual Expense 9145.39 Zone GC

Listing courtesy of Felix Diaz of Executive, REALTORS®: .


Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2024. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by MV & Associates Real Estate or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2024-07-19T23:31:36.973.
 
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MV & Associates Real Estate
5329 Office Center Ct, Ste 201
Bakersfield CA, 93313