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Investment Highlights

  • Rare downtown Coalinga commercial condo offering priced at $275,000, providing an accessible entry point for owner-users and small investors alike.
  • Efficient 1,100 SF floor plate suitable for professional office, service retail, or small business owner-user occupancy.
  • Well-located along 5th Street, within walking distance of City Hall, the Post Office, and Coalinga's core downtown retail corridor.

Executive Summary

281 N 5th Street is a multi-tenant commercial building located along one of downtown Coalinga's primary north-south corridors, just blocks from City Hall, the U.S. Post Office, and the city's core retail district. The property is positioned within a walkable, low-rise commercial node that serves the surrounding residential neighborhoods and the broader Coalinga trade area of roughly 17,000 residents. The building offers convenient street-level access, on-street parking, and visibility to steady local foot and vehicle traffic along 5th Street. Regional access is provided via State Route 33 and Interstate 5, both within a short drive, connecting the site to Fresno, Bakersfield, and the greater San Joaquin Valley. Coalinga's economy is anchored by agriculture, oil and gas, healthcare, and West Hills College, providing a diversified tenant demand base. The structure's condominium ownership format allows individual units to be owned and operated independently by end users or investors.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 281
  • 1,100 SF
  • Office/Retail
  • $386,254 CAD ($351.14 CAD/SF)
  • -
Sale Type Investment or Owner User
Description
Well-positioned 1,100 SF ground-floor commercial condo unit in downtown Coalinga, offered at $275,000 ($250/SF). Ideal for owner-users or investors seeking a turnkey small-format space.
Sale Notes
281 N 5th Street is available for sale at $275,000, or approximately $250 per square foot, for a 1,100-square-foot commercial condominium in the heart of downtown Coalinga. The offering presents an opportunity for an owner-user to occupy a right-sized space in an established mixed-use building, or for a private investor seeking a small-format asset with income potential in California's Central Valley. The unit benefits from the building's central 5th Street location, walkable proximity to civic and retail amenities, and access from State Route 33 and Interstate 5. Coalinga's stable population base, agricultural and energy-sector employment, and limited supply of individually owned commercial condo units support long-term demand. The condominium structure allows for lower entry pricing than a full building acquisition while preserving pride of ownership. Pricing, condition, HOA dues, and permitted uses should be independently verified with the listing broker prior to closing.
Unit Unit Size Condo Use Price NOI
Unit 281 1,100 SF Office/Retail $386,254 CAD ($351.14 CAD/SF) -

Unit 281

Unit Size
1,100 SF
Condo Use
Office/Retail
Price
$386,254 CAD ($351.14 CAD/SF)
NOI
-

Unit 281

Unit Size 1,100 SF
Condo Use Office/Retail
Price $386,254 CAD ($351.14 CAD/SF)
NOI -
Sale Type Investment or Owner User
Description
Well-positioned 1,100 SF ground-floor commercial condo unit in downtown Coalinga, offered at $275,000 ($250/SF). Ideal for owner-users or investors seeking a turnkey small-format space.</li></ul>
Sale Notes
281 N 5th Street is available for sale at $275,000, or approximately $250 per square foot, for a 1,100-square-foot commercial condominium in the heart of downtown Coalinga. The offering presents an opportunity for an owner-user to occupy a right-sized space in an established mixed-use building, or for a private investor seeking a small-format asset with income potential in California&#39;s Central Valley. The unit benefits from the building&#39;s central 5th Street location, walkable proximity to civic and retail amenities, and access from State Route 33 and Interstate 5. Coalinga&#39;s stable population base, agricultural and energy-sector employment, and limited supply of individually owned commercial condo units support long-term demand. The condominium structure allows for lower entry pricing than a full building acquisition while preserving pride of ownership. Pricing, condition, HOA dues, and permitted uses should be independently verified with the listing broker prior to closing.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 10,277 SF
Property Type Retail (Condo)
Property Subtype Storefront
Building Class C
Floors 1
Typical Floor Size 10,277 SF
Year Built 1984
Lot Size 0.41 AC
Parking Ratio 2/1,000 SF
Zoning C6 - Commercial

Amenities

  • Corner Lot
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

U.S. Bank
Me-N-Ed's Pizzeria
Save Mart
  • Listing ID: 41496367

  • Date on Market: 2026-07-30

  • Last Updated:

  • Address: 255-295 N 5th St, Coalinga, CA 93210

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