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566 W Lancaster Blvd 4,000 SF Vacant Office Building Lancaster, CA 93534 $1,379,819 CAD ($344.95 CAD/SF)
Investment Highlights
- Heavy Daytime Traffic
- Multi Use
- Lancaster Blvd Security Patrol
- Plenty of Parking
- On Lancaster Blvd
- Private Parking
Executive Summary
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.
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
4,000 SF
Building Class
C
Year Built
1945
Price
$1,379,819 CAD
Price Per SF
$344.95 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,000 SF
Building FAR
0.51
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
C3 - commercial office restaurant
Parking
10 Spaces (2.5 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Food Service
- Restaurant
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
1 1
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 3134-014-017 | Improvements Assessment | $463,466 CAD |
| Land Assessment | $299,009 CAD | Total Assessment | $762,475 CAD |
Property Taxes
Parcel Number
3134-014-017
Land Assessment
$299,009 CAD
Improvements Assessment
$463,466 CAD
Total Assessment
$762,475 CAD
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566 W Lancaster Blvd
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