Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

3792 Ming Ave 44,208 SF Retail Building Bakersfield, CA 93309 $13,756,199 CAD ($311.17 CAD/SF)

Matterport 3D Tours

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Prime investment opportunity to be an anchor tenant in Bakersfield’s Shops on Ming, perfect for high-traffic retail or showroom use.
  • Modernized 44,208-square-foot freestanding building with ample open space, executive offices, easy delivery access, and ample parking.
  • Highly visible on Ming Avenue, passed by over 86,370 daily drivers with advertisement opportunities through prominent pylon signage.
  • Be in a synergistic shopping environment with neighboring retailers, including The Home Depot, TJ Maxx, Target, Starbucks, CVS, and more.
  • Located in Bakersfield’s thriving retail corridor with a growing population and high consumer spending.
  • Within a 5-mile radius, there are over 337,342 residents with an average household income of $78,530 per year.

EXECUTIVE SUMMARY

Take advantage of this exceptional investment opportunity to acquire a 44,208-square-foot, single-story, freestanding building at 3792 Ming Avenue in Bakersfield, California. This prominent anchor position within The Shops on Ming is currently occupied by Quality Furniture, but once purchased, the property will be delivered vacant.

At 3792 Ming Avenue, patrons will be greeted by the spacious, open showroom floor, rear executive offices, storage areas, and two loading doors. A recent comprehensive renovation enhanced the property's appeal, including an updated façade, new rooftop AC units, contemporary tiled floors, upgraded lighting, and luxurious marble-tiled bathrooms. Additionally, the property conveniently provides abundant parking.

With maximized visibility, the building features 287 feet of frontage on Ming Avenue, traveled by over 86,370 vehicles daily. Moreover, the plaza's prominent pylon signage ensures high exposure in this busy retail corridor. Nearby is the Valley Plaza Shopping Mall, a major regional draw with flagship stores like Target, Macy's, and the Apple Store, adding to the area's robust consumer traffic.

This property benefits from its closeness to Highway 99, only two blocks away, further enhancing accessibility to the broader Bakersfield area. Within a 5-mile radius, there are over 337,342 residents with an average household income of $78,530 per year, yielding a substantial $3.2 billion in annual consumer spending. 3792 Ming Avenue presents a compelling investment opportunity for retail operators or investors looking to secure a high-visibility, high-traffic location in a vibrant, growth-oriented market.

MATTERPORT 3D TOURS

Explore the Office

{{slideTitle}}

/4

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
44,208 SF
Building Class
C
Year Built
1983
Price
$13,756,199 CAD
Price Per SF
$311.17 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.29
Lot Size
3.53 AC
Zoning
C-2 - General Commercial
Parking
221 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
262’ on Lymric Way

AMENITIES

  • Pylon Sign
  • Signage
  • Storage Space
  • Air Conditioning
  • Smoke Detector
Walk Score®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
22,746
145,639
337,342
502,150
2029 Population
22,730
145,497
337,278
509,108
2024-2029 Projected Population Growth
-0.1%
-0.1%
0.0%
1.4%
Median Age
31.4
32.5
32.3
33.3
College Degree + Higher
12%
15%
17%
12%
Daytime Employees
8,140
74,071
145,770
196,089
Total Businesses
1,107
9,553
17,604
23,856
Average Household Income
$60,175
$70,216
$78,530
$90,632
Median Household Income
$43,440
$50,780
$56,623
$69,654
Total Consumer Spending
$203.2M
$1.4B
$3.2B
$5B
2024 Households
7,957
49,379
106,379
158,555
Average Home Value
$248,210
$282,504
$329,039
$390,692
$ values in USD

NEARBY AMENITIES

RESTAURANTS

Starbucks Cafe $ 4 min walk
Long John Silver's Fast Food - 5 min walk
Wienerschnitzel - - 4 min walk
Del Taco - - 6 min walk
Sushi Hanashi Asian $$$ 8 min walk
Leos Burgers Burgers $ 9 min walk
McDonald's - - 10 min walk
Sonic Fast Food - 10 min walk
Panda Express - - 12 min walk
Taco Bell Fast Food - 12 min walk

RETAIL

7-Eleven Convenience Market 4 min walk
The UPS Store Business/Copy/Postal Services 4 min walk
GameStop Game Store 4 min walk
dd's Discounts Unisex Apparel 4 min walk
Ross Dress for Less Other Retail 4 min walk
Dollar Tree Dollar/Variety/Thrift 6 min walk
Guitar Center Music Instruments 5 min walk
T.J. Maxx Other Retail 5 min walk
The Home Depot Home Improvement 7 min walk
FoodMaxx Supermarket 8 min walk

HOTELS

Howard Johnson
20 rooms
4 min drive
Country Inn & Suites by Choice
66 rooms
3 min drive
Holiday Inn Express
105 rooms
5 min drive

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
164-050-26-00-6
Land Assessment
$1,111,181 CAD (2025)
Improvements Assessment
$4,035,663 CAD (2025)
Total Assessment
$5,146,844 CAD (2025)
  • Listing ID: 33677602

  • Date on Market: 2024-10-29

  • Last Updated:

  • Address: 3792 Ming Ave, Bakersfield, CA 93309

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}