1801 16th St - Medical FOR SALE


Bakersfield, CA 93301- Downtown Bakersfield
$2,862,540 USD
661-747-0348
1801 16th St, Bakersfield, CA for Sale
$2,862,540 USD
Medical - FOR SALE
1/11
null | Request Cap Rate

NEW


1801 16th St
Bakersfield, CA 93301
Downtown Bakersfield


HIGHLIGHTS

  • Owner/User Opportunity: Ideal for a single medical practice or medical group seeking close proximity to Mercy Hospital and downtown medical community
  • Versatile Use: Suited for medical clinic, clinical laboratory, counseling, professional office, or mixed medical/office uses
  • Parking & Expansion: Approximately 60 off street parking spaces on a ±44,418 SF site (exceeds code) plus substantial on street parking
  • Pricing: Offered substantially below replacement cost at $190/SF.

OVERVIEW

Colliers International is pleased to present the opportunity to acquire Centennial Medical Building, a well maintained, single story 15,817 RSF medical office building located in the heart of downtown Bakersfield, CA. Offered at $2,862,540 ($190/SF), the asset represents an exceptional turnkey owner/user or investor opportunity located within walking distance of Dignity Health Mercy Hospital Downtown, with flexible suites, excess parking, and a surplus lot for expansion or additional parking. The property is offered substantially below replacement cost and provides immediate occupancy options plus potential income from leased suites.

FOR SALE DETAILS

PRICE

$2,862,540 USD

PRICE/SF

$181 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Centennial Medical Group

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,418 SF

ZONING

C-C-Office

APN/PARCEL ID

004-041-08-00-1,004-041-09-00-4,004-041-11-00-9,004-041-12-00-2

ASK ABOUT THIS PROPERTY

David WilliamsColliersMore Info
661-747-0348

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David WilliamsColliersMore Info
661-747-0348

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.