Established Restaurant on High-Traffic
1736 Union Avenue Bakersfield, CA 93305
For Sale
Contact for pricing
Prime C-2 real estate with successful, long-standing restaurant.
Property Size3,681 SF
Lot Size0.50 Acres
Price / SF$203.75
Days on Market128
Property Features for 1736 Union Avenue
General Information
Standard status
Active
Size
3,681 SF
Lot size
0.50 Acres
Property subtype
Special Purpose
Building Details
Year Built
1965
Listing Agency:
Coldwell Banker Preferred, Realtors
Listed By:
Adam Belter · License #CA
Source:
Crexi
Added: Mar 24
Changed: Jul 10
Last Checked: Jul 28 at 4:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Preferred, Realtors
Investment Insights
Based on property information with market context.
This is an opportunity to own a commercial property located on a high-traffic corner. The property is currently operating as a long-standing Mexican restaurant. Situated on Union Avenue and 18th Street, the location benefits from significant traffic flow, with Union Avenue averaging between 23,000 and 32,000 vehicles per day and 18th Street averaging between 2,000 and 3,000 vehicles per day. The parcel is just under 1/2 acre and includes a 3,681 square foot restaurant building. The sale price includes the land, building, all fixtures, a liquor license, kitchen equipment, security gates, and inventory. The seller is open to considering selling just the land and building. The restaurant is currently operational, and prospective buyers are requested not to disturb the ongoing business operations.
Key Highlights
- High‑traffic corner location on Union Avenue (23,000‑32,000 cars per day) and 18th Street (2,000‑3,000 cars per day).
- Includes land, building (3,681 sq ft restaurant), fixtures, liquor license, kitchen equipment, security gates, and inventory.
- Established, successful Mexican restaurant business included.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.0k | $14.40 |
| − Vacancy | −$2.7k | −$0.72 |
| EGI | $50.4k | $13.68 |
| − OpEx | −$12.6k | −$3.42 |
| NOI | $37.8k | $10.26 |
3,681 SF · lease $14.40/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$539.5K
$472.1K – $629.5K
NOI $37,767 @ 7.0% cap · market cap 5.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$976.8K
$854.7K – $1.14M
NOI $68,378 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Prime C-2 real estate with successful, long-standing restaurant.
Where is this conventional restaurant located?
The property is located at 1736 Union Avenue Bakersfield, CA.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: High‑traffic corner location on Union Avenue (23,000‑32,000 cars per day) and 18th Street (2,000‑3,000 cars per day).; Includes land, building (3,681 sq ft restaurant), fixtures, liquor license, kitchen equipment, security gates, and inventory.; Established, successful Mexican restaurant business included.
