We are pleased to present Village at Towne Centre, a premier retail center strategically positioned at 1201 24th Street in Downtown Bakersfield, CA between 23rd and 24th Streets just off HWY 178.
Village at Towne Centre is a prime retail/mixed-use shopping center located on a high-traffic major arterial connecting East and West Bakersfield. Positioned between the on and off-ramps of Highway 178, the center offers exceptional visibility, accessibility, and exposure, with over 50,000 vehicles passing daily.
Investment Highlights: Neighborhood Shopping Center - Zoned C-2.
• Retail/Mixed use center with mix of national &local tenants.
• High Traffic Counts - 54,252 AADT on 24th Street and M Street and 52,859 AADT on 23rd Street and M Street (2024 - www.kerncog.com) --- see CoStar UW report in Deal Room.
• Investors will bene t from a recession-resilient tenant mix anchored by essential-service and necessity-based retailers including Western Dental and Starbucks.
VTC has demonstrated consistent operating performance through multiple economic cycles, driven by the property's dominant position within the Bakersfield, CA trade area and its mission-critical function for surrounding residents.
We welcome the opportunity to provide additional due-diligence materials and coordinate site visits with serious purchasers.
Two APNs - FEE SIMPLE ownership - 2.1 acres APN 005-332-01 & .84acres APN 005-212-07.