520 Union Avenue Bakersfield, CA ^$ 1,275,000

520 Union Avenue

^$ 1,275,000

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520 Union Avenue

Bakersfield, CA, 93307

^$ 1,275,000

Bedrooms-- Baths-- Sq 5,114

Monthly Estimate*

^$ 7,954

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Commercial Property for sale in Bakersfield, CA

for $1,275,000. This 5,114 square foot building was built in 1946 on a lot size of 0.4876.

Seize a unique value-add opportunity at 520-530 Union Avenue, a mixed-use complex positioned for revitalization in a high-traffic area of Bakersfield. APX 31,000 average daily traffic count! With 7 residential (6 OCCUPIED) units (5723 SF) AND 6,842 SF of commercial space that is currently vacant, this multi-use property allows investors to immediately capitalize on Bakersfield's strong rental demand and expanding economy. Recent local government initiatives, include the Complete Streets Ordinance. With a projected $13,596/month, and actual 2024 expenses, the property earns a 8.6% Cap Rate! Located within an ECONOMIC OPPORTUNITY ZONE. 510 Union Ave VACANT C-2 zoned 6000 SF lot next door INCLUDED in the sale: it is 50' X 120'.SELLER will FINANCE entire property with 50% down.

Commercial Active

Price

^$ 1,275,000

Property Type

Commercial

Taxes

^$ 0

Style

Commercial

Lot Size

0.4876

Year Built

1946

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202511816

Features

General

Year Built 1946

Neighborhood Martin Luther King

Subdivision Union Avenue Tract Addition #1

Stories Count 0

Property Subtype Commercial

County Kern

Net Operating Income 99417.00

Property Type Commercial / Ind.

Close Price 0.00

Status Active

City Bakersfield

Zoning Description C-2 Commercial

MLS Area 41

Lot Size Units SqFt

Lot Size Square Feet 21240.00

Exterior

Lot Size Acres 0.4876

Lot Size Source (Other)

Internal Only

Street Number 1 520

* Excluded Features

List By

Philip M Jordan

Listing Agent

Keller Williams Realty

Broker

phil@jordanapartmentguys.com

Affordability Calculator

$7,954

Per Month

Monthly Principal & Interest: $7,954
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Bakersfield, CA

Average List Price ^$1,552,550

Percent of Sale Price 22%

About Bakersfield, CA

383,374 Population

50% Since 2002

^$58,566 Median Income

32.94 Median Age

40% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1904930 Elementary School

1905132 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/19/2025	$1,150,000		Listed Price

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520 Union Avenue, Bakersfield, CA, 93307 is a Commercial Property for sale at $1,275,000 with 5,114 sqft and a lot size of 0.4876. 520 Union Avenue was built in 1946. The property's zip code is 93307 which is in Bakersfield, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Golden Empire MLS IDX Database. Real estate listings held by brokerage firms other than Weichert Realtors include the name of the listing broker.

The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from Golden Empire MLS, Inc., as of 11/21/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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520 Union Avenue

Commercial Property for sale in Bakersfield, CA

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