101 W Avenue I - Restaurant FOR SALE


Lancaster, CA 93534
$1,199,900 USD
661-904-9383
101 W Avenue I, Lancaster, CA for Sale
$1,199,900 USD
Restaurant - FOR SALE
1/32
null | Request Cap Rate

101 W Avenue I
Lancaster, CA 93534


HIGHLIGHTS

  • Signalized corner location provides visibility for restaurant and food-service operators.
  • Available unit offers immediate owner-user occupancy potential.
  • Existing tenancy can provide income while an owner operates their business.
  • Established neighborhood commercial setting with complementary local businesses.
  • Flexible retail and restaurant configuration supports a range of food concepts.
  • Opportunity for operators to transition from leasing to real estate ownership.

OVERVIEW

101 W Avenue I presents an opportunity for restaurant operators, food entrepreneurs, and owner-users seeking to control their real estate while establishing or expanding their presence in Lancaster. The multi-tenant retail property sits at a signalized intersection with strong visibility and convenient customer access, supporting daily traffic from surrounding residential neighborhoods and nearby commercial businesses. The property's existing restaurant-oriented environment creates a natural setting for food-related ownership and occupancy. With one unit currently available, a buyer can occupy space for their own operation while benefiting from income generated by the remaining tenancy. This configuration may appeal to restaurant owners looking to offset occupancy costs, establish a flagship location, or create a complementary food concept alongside existing neighborhood-serving businesses. Surrounding uses, including a Mexican restaurant and a barbershop, contribute to recurring local visitation and neighborhood activity. The location's accessibility and established commercial presence support a variety of food-service concepts, from quick-service and takeout operators to specialty dining, catering, bakery, beverage, or culinary production users serving the broader Lancaster market. For operators who have historically leased space, ownership provides the opportunity to build long-term equity, gain greater control over branding and operations, and secure a permanent business location in an established commercial corridor. The combination of owner-user potential, existing tenancy, and a visible corner location positions the property as a compelling opportunity for restaurant and food-industry buyers seeking both operational and real estate value.

FOR SALE DETAILS

PRICE

$1,199,900 USD

PRICE/SF

$231 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

LRHI

APN/PARCEL ID

3137-015-009

ASK ABOUT THIS PROPERTY

Jim MangassarianRealty ExecutivesMore Info
661-904-9383

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Jim MangassarianRealty ExecutivesMore Info
661-904-9383

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.