Corner Restaurant and Butcher
For Sale
$299,900
4208 Rosedale Hwy, Bakersfield, CA 93308
Butcher shop and restaurant with Mexican food and drinks on a prominent corner location.
Property Size2,500 SF
Price / SF$119.96
Days on Market127
Property Features for 4208 Rosedale Hwy
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Business Opportunity
Additional Details
Business Included
Yes
Listing Agency:
Miramar International Calloway
(661) 578-1227
Listed By:
Lidia M. Aranda · License #01803717
(661) 578-1227
Source:
Exprealty
Added: Apr 25
Changed: Aug 20
Last Checked: Aug 26 at 10:42AM
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 Miramar International Calloway
Investment Insights
Based on property information with market context.
Butcher Shop “Carniceria La Picana” offering a combined butcher shop and restaurant setup with the sale of Mexican food and drinks. The offering is presented as a 2,500-square-foot business for sale.
The business is located on a prominent corner of Rosedale Highway and Fairhaven Drive in a high-traffic area.
Interested parties are encouraged to view the opportunity in person.
The business is located on a prominent corner of Rosedale Highway and Fairhaven Drive in a high-traffic area.
Interested parties are encouraged to view the opportunity in person.
Key Highlights
- 2,500 SF butcher shop and restaurant business for sale
- Butcher shop and restaurant with Mexican food and drinks
- Located on a prominent corner of Rosedale Highway and Fairhaven Drive in a high‑traffic area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,650
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$513,000
$513.0K
Cap Rate 7%
$366,429
$366.4K
Cap Rate 9%
$285,000
$285.0K
Market Conditions
NOI Build-Up for 2,500 SF
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.
Gross rent
$36.0K $14.40/SF
− Vacancy
−$1.8K −$0.72/SF
EGI
$34.2K $13.68/SF
− OpEx
−$8.6K −$3.42/SF
NOI
$25.7K $10.26/SF
Area
Bakersfield, CA
Vacancy
5.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$513,000
Cap Rate 7%
$366,429
Cap Rate 9%
$285,000
Alternative Uses
Best Use
Specialty Retail
$366.4K
$320.6K – $427.5K
NOI $25,650 @ 7.0% cap · market cap 8.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$663.4K
$580.5K – $774.0K
NOI $46,440 @ 7.0% cap · market cap 15.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
676
Businesses Nearby
444k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 48%
Shops & Services 25%
Dining 15%
Hotels & Casinos 7%
Costco Wholesale
Superstores
214,297 visits/mo
0.3 miles
Costco Gasoline
Shops & Services
90,361 visits/mo
0.4 miles
Black Angus Steakhouse
Dining
21,157 visits/mo
0.3 miles
Harbor Freight Tools
Home Improvements & Furnishings
17,305 visits/mo
0.3 miles
DoubleTree by Hilton
Hotels & Casinos
16,923 visits/mo
0.5 miles
Demographics for 93308, CA
56,037
Population
21,443
Households
2.6
Avg Household Size
35
Median Age
18%
College-Educated
84%
High-School Grad
344.6 sq mi
ZIP Area
163
Density / Sq Mi
$59,511
Median Household Income
$39,676
Median Earnings
$1,260
Median Rent
$298,000
Median Home Value
Market
Vacancy Rate% for Retail in Bakersfield, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Butcher shop and restaurant with Mexican food and drinks on a prominent corner location.
Where is this conventional restaurant located?
The property is located at 4208 Rosedale Hwy Bakersfield, CA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 2,500 SF butcher shop and restaurant business for sale; Butcher shop and restaurant with Mexican food and drinks; Located on a prominent corner of Rosedale Highway and Fairhaven Drive in a high‑traffic area
