1201 24th St

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

1201 24th St

bakersfield, CA 93301
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

Located at the corner of 24th and M Street, 1201 24th Street occupies a high-visibility position within the central business district of Bakersfield. The neighborhood is characterized by a mix of professional offices, local government buildings, and established retail storefronts. This location offers direct access to Highway 178 and is two blocks from the Highway 99 interchange, facilitating regional connectivity. Nearby amenities include the Kern County Superior Court, Rabobank Arena, and a variety of dining options within the downtown core. The property is suited for retail operators seeking high daily traffic counts and street-level exposure. Ideal use cases include service-oriented retail, financial services, or specialized showrooms. The typical tenant profile consists of established local businesses or national franchisees that benefit from proximity to the daytime employment hub of the city center. Given the surrounding density of office workers and commuters, the site supports businesses catering to both professional clientele and local residents.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times