Lender owned 1922 JC Penney’s building w/amazing live/work potential. Approved short sale (note was 575K in ’01). Classic 3 story (+ basement) 13,000 sq. ft. mixed use building in the center of Taft’ s business district. Ceiling heights: basement 8′, first floor 12′, 2nd floor 24′, 3rd floor 12′. 3rd floor has offices and spiral staircase to alley, would be ideal for residential. Central air and heat, 50 x 125 street to alley lot. 79 walkscore: walkable to all services and all 3 schools. Taft is the Mayberry of Kern County, in the foothills, at the extreme southwestern edge of the San Joaquin Valley. 100 miles north of L.A., population 9,327. This is the steal of the century.