Downtown Mixed-Use Commercial
314 TRUXTUN AVE Bakersfield, CA 93301
For Sale
Contact for pricing
A 2010-built mixed-use building in downtown Bakersfield with restaurant space on the ground floor and flexible C-2 use.
Property Size7,530 SF
Lot Size0.38 Acres
Price / SF$171.98
Days on Market99
Property Features for 314 TRUXTUN AVE
General Information
- Standard status
- Active
- Size
- 7,530 SF
- Lot size
- 0.38 Acres
- Property subtype
- Retail, Office
Building Details
- Year Built
- 2010
Listing Agency:
Central Valley Property Advisors
(419) 206-7117
Listed By:
Eric Van Denk · License #02223453
Source:
Crexi
Added: Apr 16
Changed: Jul 23
Last Checked: Jul 23 at 8:27AM
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 Central Valley Property Advisors
Investment Insights
Based on property information with market context.
314 Truxtun Ave is a commercial building constructed in 2010 offering a mix of income-producing and flexible space. The ground floor is occupied by a restaurant, while the remaining space is configured to support additional business operations or leasing opportunities.
The property is located in the core of Downtown Bakersfield, directly across from Rabobank Arena, one of the city’s active event and entertainment destinations. The building sits on a 16,553 SF parcel and offers ample on-site parking, an uncommon amenity in downtown locations. The surrounding area includes government offices, financial institutions, and dining and entertainment venues, supporting both daytime and evening activity.
The asset is supported by flexible C-2 zoning and is well suited for an owner-user who wants to occupy a portion of the building while benefiting from existing tenancy.
The property is located in the core of Downtown Bakersfield, directly across from Rabobank Arena, one of the city’s active event and entertainment destinations. The building sits on a 16,553 SF parcel and offers ample on-site parking, an uncommon amenity in downtown locations. The surrounding area includes government offices, financial institutions, and dining and entertainment venues, supporting both daytime and evening activity.
The asset is supported by flexible C-2 zoning and is well suited for an owner-user who wants to occupy a portion of the building while benefiting from existing tenancy.
Key Highlights
- 2010‑built ±7,530 SF commercial/mixed‑use building on ±16,553 SF parcel in downtown Bakersfield
- Restaurant occupies the ground floor for immediate cash flow with customer traffic
- Flexible C‑2 zoning allows a wide range of retail, office, and commercial uses
Financial Insights For Office B
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 | $158.1k | $21.00 |
| − Vacancy | −$25.3k | −$3.36 |
| EGI | $132.8k | $17.64 |
| − OpEx | −$33.2k | −$4.41 |
| NOI | $99.6k | $13.23 |
7,530 SF · lease $21.00/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.42M
$1.25M – $1.66M
NOI $99,622 @ 7.0% cap · market cap 7.69%
Second Best
Specialty Retail
$1.10M
$965.7K – $1.29M
NOI $77,258 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$2.00M
$1.75M – $2.33M
NOI $139,877 @ 7.0% cap · market cap 10.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Camp Transformation Center
Gym & Fitness Center
FAQs
What type of property is this?
Office building - A 2010-built mixed-use building in downtown Bakersfield with restaurant space on the ground floor and flexible C-2 use.
Where is this office building located?
The property is located at 314 TRUXTUN AVE Bakersfield, CA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 2010‑built ±7,530 SF commercial/mixed‑use building on ±16,553 SF parcel in downtown Bakersfield; Restaurant occupies the ground floor for immediate cash flow with customer traffic; Flexible C‑2 zoning allows a wide range of retail, office, and commercial uses
