Medical Office Space with
New
For Sale
Contact for pricing
3130 Union Avenue, Bakersfield, CA
C-2-zoned medical property currently leased through June 30, 2027.
Property Size2,141 SF
Price / SF$235.87
Days on Market6
Property Features for 3130 Union Avenue
General Information
Standard status
Active
Size
2,141 SF
Total Parking Spaces
11
Property subtype
Office
Zoning
C-2
Investment Type
Owner/User
Building Details
Year Built
1945
Year Renovated
2012
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
ASU Commercial
(661) 616-3567
Listed By:
Martin Starr · License #CA 01179469
Source:
Crexi
Added: Jul 31
Changed: Aug 4
Last Checked: Aug 4 at 1:35PM
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 ASU Commercial
Investment Insights
Based on property information with market context.
This 2,141-square-foot medical office property was built in 1945 and previously operated as a pediatric dental office. The existing layout is suited to medical use and can be converted to general office space. C-2 zoning supports medical and professional office applications.
The property is located at 3130 Union Avenue in Bakersfield, near downtown, with signage along Union Avenue. On-site parking includes 11 stalls, supplemented by street parking. The current lease runs through June 30, 2027, providing near-term occupancy under the existing tenancy before potential owner occupancy after expiration.
The property is located at 3130 Union Avenue in Bakersfield, near downtown, with signage along Union Avenue. On-site parking includes 11 stalls, supplemented by street parking. The current lease runs through June 30, 2027, providing near-term occupancy under the existing tenancy before potential owner occupancy after expiration.
Key Highlights
- 2,141‑square‑foot medical office property
- Previously operated as a pediatric dental office
- C‑2 zoning supports medical and professional office uses
Financial Insights For Healthcare Medical
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 | $51.4k | $24.00 |
| − Vacancy | −$3.9k | −$1.80 |
| EGI | $47.5k | $22.20 |
| − OpEx | −$19.0k | −$8.88 |
| NOI | $28.5k | $13.32 |
2,141 SF · lease $24.00/SF/yr · vacancy 7.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$407.4K
$356.5K – $475.3K
NOI $28,518 @ 7.0% cap · market cap 5.65%
Second Best
Office B
$404.6K
$354.1K – $472.1K
NOI $28,325 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$568.2K
$497.1K – $662.9K
NOI $39,771 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,207
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - C-2-zoned medical property currently leased through June 30, 2027.
Where is this medical office space located?
The property is located at 3130 Union Avenue Bakersfield, CA.
What is the asking price?
The asking price for this property is $505,000.
What are key features of this property?
This property features: 2,141‑square‑foot medical office property; Previously operated as a pediatric dental office; C‑2 zoning supports medical and professional office uses
