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Investment Highlights

  • Approved banquet hall plans
  • Convenient access to Highway 178 and Union Avenue
  • Flexible owner-user or investment opportunity

Executive Summary

Exceptional opportunity to acquire a ±9,720 square foot industrial building situated on a ±11,397 square foot lot.
The property features approved plans for a banquet hall conversion, offering significant value-add potential for investors, owner-users, or event operators. Constructed with a durable steel frame and metal exterior, the building offers two large roll-up doors, a modernized storefront with expansive glass windows, and abundant natural light throughout via multiple existing skylights. Interior improvements for the banquet hall conversion are already underway, with substantial wood framing in place for the planned build-out.
Strategically located near Downtown Bakersfield by the Highway 178 and Union Avenue interchange, the property benefits from excellent accessibility, visibility, and proximity to major transportation routes. The flexible layout and existing improvements make this an ideal opportunity for industrial, warehouse, event venue, or adaptive reuse applications.

Property Facts

Price $750,000
Price Per SF $77.16
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.26 AC
Rentable Building Area 9,720 SF
No. Stories 1
Year Built 1946
Tenancy Single
No. Drive In / Grade-Level Doors 2
Zoning C-2

Amenities

  • Bus Line
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
012-071-01-00-8
Land Assessment
$100,000
Improvements Assessment
$490,000
Total Assessment
$590,000
  • Listing ID: 40775972

  • Date on Market: 6/3/2026

  • Last Updated:

  • Address: 2930 Union Ave, Bakersfield, CA 93305

Contact the Sale Advisor

2930 Union Ave

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