Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2658 Mount Vernon Ave Bakersfield, CA 93307

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,537,000

    Multi-tenant restaurant property with long-term leases and strong rent growth.

    Property size:
    3,982 SF
    Lot size:
    1.08 Acres

    Property Features for 2658 Mount Vernon Ave

    General Information

    Size
    3,982 SF
    Lot size
    1.08 Acres

    Source: Sands Investment Group (SIG) - Corporate Agent Ryan Sompayrac

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bakersfield Multi-Tenant Restaurant Investment

    This multi-tenant restaurant property is located in Bakersfield, California. Constructed in 2018, the property features Urbane Cafe and Love Sushi, offering internet and recession-resistant tenants with long-term leases. Urbane Cafe includes 10% increases every 5 years, and Love Sushi has 2% annual increases. The property is adjacent to a high-performing Smart & Final grocery store and other retailers. The triple net (NNN) leases feature 4% management fees. The property is a pad building to a 100% leased shopping center. Anchored by Smart & Final, Chipotle, Flame Broiler, and Ono Hawaiian, the tenant line-up is 100% restaurant-based. Urbane Cafe has 23 locations across California. Love Sushi is a regional family-run sushi restaurant with multiple locations within the Bakersfield area. The property is located at the signalized intersection of Mall View Road and Mt Vernon Avenue, which sees 29,789 vehicles per day, and offers direct frontage and exposure with four points of egress and ingress. It has immediate access off Interstate 178 (47,206 VPD) with on and off-ramp visibility and pylon signage along Interstate 178. Love Sushi has approximately 9 years remaining on its lease, and Urbane Cafe has 6 years remaining.
    Insight Report Location Intelligence

    Current Use by Public Records

    Helvie Richard E ... Neurologist Primo Water Refill Bottled Water Supplier Love Sushi Sushi Restaurant Urbane Cafe Caterer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -118.968137
    Latitude
    35.3930429

    Nearby Similar for Sale

    • $795,000
      2,626 SF

      Bakersfield Fourplex in Oleander-Sunset

      Rebuilt fourplex in historic Oleander-Sunset neighborhood.
      1804 Forrest St, Bakersfield, CA 93304
      View Details
    • $699,000
      2,080 SF

      Bakersfield Multifamily Investment Opportunity

      Four units with recent renovations and new construction.
      113 Decatur St, Bakersfield, CA 93308
      View Details
    • $10,500,000
      Pending

      Bakersfield Hotel with Premium Amenities

      Recently renovated 68-room hotel with excellent amenities and convenient location.
      2310 Wible Rd, Bakersfield, CA 93304
      View Details
    • $575,000
      2,700 SF

      Rehabbed Triplex in Bakersfield

      Turnkey triplex with modern updates, ready for immediate income.
      722 S Williams St, Bakersfield, CA 93307
      View Details
    • $330,000
      1,315 SF

      Charming Bakersfield Duplex with ADU

      Updated duplex with ADU, income potential, central Bakersfield location.
      1107 Pacific St, Bakersfield, CA 93305
      View Details
    • $240,000
      7,150 SF

      Established Restaurant Business Opportunity

      Restaurant business opportunity in a prime commercial location in Bakersfield.
      1901 20Th St, Bakersfield, CA 93301
      View Details

    FAQs

    What type of property is this?
    Restaurant - Multi-tenant restaurant property with long-term leases and strong rent growth.
    Where is this restaurant located?
    The property is located at 2658 Mount Vernon Ave Bakersfield, CA.
    What is the asking price?
    The asking price for this property is $3,537,000.
    What are key features of this property?
    This property features: - Multi-tenant NNN restaurant property with internet & recession-resistant tenants; - Strong rental increases providing a hedge against inflation (2% annual/Love Sushi, 10% every 5 years/Urbane Cafe); - Long-term leases in place (approximately 9 years remaining on Love Sushi and 6 years remaining on Urbane Cafe)
    (844) 474-4666
    Request Owner's contact information
    2658 Mount Vernon Ave Bakersfield, CA 93307
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2658 Mount Vernon Ave
    Bakersfield, CA 93307
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2658 Mount Vernon Ave Bakersfield, CA 93307
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.