566 W Lancaster Blvd - Office FOR SALE


Lancaster, CA 93534
$999,000 USD
661-816-1141
566 W Lancaster Blvd, Lancaster, CA for Sale
$999,000 USD
Office - FOR SALE
1/37
null | Request Cap Rate

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566 W Lancaster Blvd
Lancaster, CA 93534


HIGHLIGHTS

  • Heavy Daytime Traffic
  • Plenty of Parking
  • Multi Use
  • On Lancaster Blvd
  • Lancaster Blvd Security Patrol
  • Private Parking

OVERVIEW

FOR SALE | PRIME MIXED-USE OWNER-USER OPPORTUNITY 566 W. Lancaster Blvd., Lancaster, CA 93534 Investment Highlights - Turnkey Mixed-Use Property (Restaurant + Office) - Total Building Size: ±4,000 SF (Two Units) • ±2,000 SF Restaurant (Fully Equipped) • ±2,000 SF Office (10 Private Offices) - Lot Size: ±7,700 SF - Zoning: Commercial (Retail / Office / Restaurant) - Asking Price: $999,000 - Approx. $250/SF (Below Replacement Cost) Property Overview This property is located on Lancaster Blvd in Lancaster, CA and offers a rare owner-user or investment opportunity. It is divided into a fully equipped restaurant and a remodeled office space, allowing flexible use and income potential. Restaurant Space (±2,000 SF) - Fully equipped kitchen - Type 1 hood system - Former La Michoacana location - Ideal for restaurant or franchise use Office Space (±2,000 SF) - 10 private offices - Reception/common areas - Two restrooms - Recently remodeled Additional Features - 12 gated rear parking spaces - Additional street parking - Paid-off solar system (~$70,000 value) - New HVAC units - Secure gated access Market Overview Lancaster continues to see commercial growth with increasing demand for restaurant and office space. Average commercial values range between $275–$400 per square foot, making this offering competitively priced. IDEAL BUYER PROFILE SBA Owner-User Restaurant Operator / Franchisee Medical / Professional Office User Real Estate Investor Seeking Dual Income FINANCIAL UPSIDE (PROJECTION) Office Rental Potential: ~$2.00–$2.50/SF Restaurant Lease Potential: ~$2.50–$3.50/SF NNN Projected Stabilized Income: $12,000–$18,000/month (market dependent) BROKER REMARKS This is a true turnkey opportunity with significant upside for both owner-users and investors. The combination of a fully equipped restaurant, upgraded office space, solar savings, and secured parking makes this one of the most compelling mixed-use offerings in the Antelope Valley. At $999,000, this asset is positioned aggressively for a quick sale and offers immediate usability with long-term appreciation potential.

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Fast Food, Restaurant, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

C3

APN/PARCEL ID

3134-014-017

ASK ABOUT THIS PROPERTY

Houmehr Mike PanoussiLiberty Business AdvisorsMore Info
661-816-1141

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Houmehr Mike PanoussiLiberty Business AdvisorsMore Info
661-816-1141

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