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38262 6th St E
Palmdale, CA 93550
Retail Property For Sale


Investment Highlights
- Heavy car traffic with a steady flow of customers to the barber shop and nearby businesses.
- Few blocks to Palmdale Blvd
- Gated parking lot and plenty of street parking
Executive Summary
Prime mixed-use investmet opportunity in the heart of Palmdale, CA located in a highly-trafficked location on 6th Street East near Palmdale Blvd. The property consists of 4 units of which two are occupied, and two are vacant and lease-ready, providing immediate income with flexibility for future repositioning. Ideal for an owner-user or to quickly increase cash flow at market rates. All four units are individually metered and contain a mini-split heating and cooling system, updated restrooms, paint, flooring, security screen door with built-in mail slots, while the building roof is under 10 years old and the parking lot is ADA compliant, contributing to lower ongoing capital expenses. With low to no maintenance requirements and tenants responsible for their own repairs & maintenance, this asset is well-suited for investors seeking stable income with minimal management overhead. Positioned in a highly desirable commercial corridor with strong foot and vehicle traffic, this property offers excellent potential for retail, office, or mixed-use applications in one of Palmdale's most active business areas.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,228 SF
Building Class
C
Year Built
1955
Price
$794,640 CAD
Price Per SF
$246.17 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.46
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
MU3 (Mixed Use 3) - Mixed Use 3 uses include retail and office applications, but also the potential for residential. See attached brochure regarding all uses for MU3.
Parking
12 Spaces (3.72 Spaces per 1,000 SF Leased)
Frontage
90’ on 6th
Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
Property Taxes
| Parcel Number | 3009-013-010 | Improvements Assessment | $507,449 CAD |
| Land Assessment | $278,054 CAD | Total Assessment | $785,503 CAD |
Property Taxes
Parcel Number
3009-013-010
Land Assessment
$278,054 CAD
Improvements Assessment
$507,449 CAD
Total Assessment
$785,503 CAD
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