Sherod Waite, owner of Moneywise and the Woolworth’s building in downtown Bakersfield, says the building offers multi-purpose services, including podcasting and recording music in studios located in its basement.

Waite spoke with Eyewitness News at the Moneywise offices on the second floor of the Woolworth’s building.

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The Woolworth’s building houses four tenants, including The Basement, a live music and entertainment venue that will have its grand opening on Saturday.