1736 Union Avenue Bakersfield, CA 93305
Prime C-2 real estate with successful, long-standing restaurant.
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 office Coldwell Banker Preferred, Realtors
Listing date Mar 24, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
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.
Local 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 |
