8331 Kern Canyon Rd Bakersfield, CA 93306

This vacant, 52,898-square-foot big-box retail building in Bakersfield, CA presents a compelling redevelopment opportunity. Situated on approximately 4.61 acres with C-2 (PD) zoning, this single-story, 1985-built property offers significant potential. The property features a prominent location at the intersection of Kern Canyon Road and Morning Drive, boasting a high daily traffic count exceeding 20,000 vehicles, a lighted four-way traffic signal, and ample parking (approximately 318 stalls). The large lot size allows for potential expansion or the development of three additional outparcels (ground lease/build-to-suit). The building itself is potentially divisible, offering flexibility for various uses. Key features include a pylon sign, multiple access points, and existing curbs. Priced at $5,250,000 ($99 per square foot), this property is substantially below replacement cost, making it an attractive investment for value-add strategies. The property is offered fee simple and is suitable for a 1031 exchange. The property's size, location, and zoning make it ideal for a variety of commercial uses, including a big-box retailer, grocery store, or drug store. This is a rare opportunity to acquire a significant retail asset in a high-traffic area of Bakersfield.