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Property profile & analytics
OFF-MARKET
Specialty properties

518 Union Ave Bakersfield, CA 93307

5,700 SF Built 1946
Property ID
Property summary
AI-generated overview

This exceptional 5,700 square foot commercial property, located at 518-530 Union Ave, Bakersfield, CA 93307, presents a unique investment opportunity. Situated on a high-visibility corner lot at the cross streets of Union Ave and 5th Street, this two-story building boasts ample street frontage, ensuring maximum exposure for your business. Built in 1946 and extensively renovated in 2018, the property offers a blend of classic charm and modern functionality. The building is zoned C-2, allowing for a variety of commercial uses. Currently configured as a church, the main space encompasses approximately 4,000 square feet, complemented by an additional 1,700 square feet of adaptable space previously used as a restaurant. This versatile layout is ideal for a multitude of businesses, from retail and office spaces to specialized uses. The property includes 20 parking spaces, providing convenient access for customers and employees. This prime Bakersfield location offers excellent potential for a thriving business, capitalizing on high traffic and visibility. The property's size, location, and recent renovations make it an attractive option for a wide range of commercial ventures. Don't miss this chance to acquire a well-maintained, versatile commercial space in a desirable Bakersfield location.

Property profile
Verified
Property type Specialty properties
Year built 1946
Total area 5,700 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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