Description

We are offering 523 Center St in Taft, California, for sale at $725,000, or about $53.70 per square foot. The property is a 13,500-square-foot commercial automotive, retail and warehouse building on approximately 0.99 acres. The site is zoned Commercial.

Messenger Automotive has occupied about 12,000 square feet for 10 years with more than $1 million in annual sales, and Poppy's Melting Pot leases about 1,500 square feet of retail space at $1,600 per month. The automotive space is the former Chrysler dealership and is turn-key, and the owners installed a new roof and coolers in January 2024. The offering shows a 13.07% cap rate on net operating income of about $94,747.

The well-known building sits on the southwest corner of Center Street and 6th Street, with outstanding frontage, street parking and on-site stalls. About 20,480 residents live within 10 miles, the location is between Highways 33 and 119, and the adjacent corner properties are also available. Taft is in Kern County, part of the Bakersfield-Delano metropolitan area. The interior is well maintained and can easily be adapted to the next occupant's preferred layout.

Jared Ennis and Kevin Land of Central CA Commercial represent this offering on behalf of ownership. We are glad to share the full offering memorandum, along with additional photos and property details, and to answer questions about the property and the surrounding area. Contact us to discuss the opportunity or to schedule a tour.