Turnkey Wash-and-Fold Laundry
340 W Avenue I Lancaster, CA 93534
340 W Avenue I, Lancaster, CA, 93534
$55,556
For Sale
$55,556
COMMERCIAL - Lancaster, CA
Property Size300 SF
Lot Size0.30 Acres
Price / SF$185.19
Days on Market94
Property Features for 340 W Avenue I
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- LRM1
- Standard status
- Active
- APN
- 3138-004-024
- Size
- 300 SF
- Lot size
- 0.30 Acres
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1951
- Building materials
- Wood Siding, Shingle Siding
Listing agency
Frontline Property Management
(661) 723-3013
Listed by
Nestor Gonzalez · License #02025829
(661) 917-3934
Added: Apr 20 Updated: Jul 11 at 7:30AM Checked: Jul 22 at 2:06PM
MLS# 26003156
Copyright © 2026 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This listing is for a fully equipped, ready-to-operate wash-and-fold laundry business described as turnkey, with the equipment and setup in place for immediate operation. The offering is presented as a streamlined business format designed to remove startup costs, buildout delays, and equipment sourcing so the business can begin operating without additional foundational work.
The property is located at 340 W Avenue I in Lancaster, California (Los Angeles County). The site is listed with a 0.3-acre lot size and approximately 300 square feet of property size, and it is identified under zoning LRM1.
The property is located at 340 W Avenue I in Lancaster, California (Los Angeles County). The site is listed with a 0.3-acre lot size and approximately 300 square feet of property size, and it is identified under zoning LRM1.
Key Highlights
- Wash‑and‑fold laundry business presented as ready‑to‑operate, with operations described as already set up
- Year built: 1951
- Heating: central and electric heating
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $7.6k | $25.20 |
| − Vacancy | −$454 | −$1.51 |
| EGI | $7.1k | $23.69 |
| − OpEx | −$2.1k | −$7.11 |
| NOI | $5.0k | $16.58 |
300 SF · lease $25.20/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$71.1K
$62.2K – $82.9K
NOI $4,974 @ 7.0% cap · market cap 8.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$94.2K
$82.5K – $109.9K
NOI $6,596 @ 7.0% cap · market cap 11.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Lancaster VA clinic
Medical Clinic
Lancaster Community Based ...
Medical Clinic
Meraki Studios
(Bike/Boat/Book/etc) Store
PATH - Supportive Services ...
Crisis Center
La Iglesia En ...
Church
Similar For Sale Nearby
Similar Off Market Nearby
- Oasis Flower Shop — 566 W Lancaster Blvd, Lancaster, CA 93534
- M & R Flower And Gift Shop — 723 W Ave I, Lancaster, CA 93534
- Blooming Amor — 416 W Lumber St, Lancaster, CA 93534, United States
- Gonzalez Flower Shop — 344 W Ave I, Lancaster, CA 93534
FAQs
What type of property is this?
Storefront property - Fully equipped wash-and-fold laundry business for sale in Lancaster, CA with ready-to-operate setup.
Where is this storefront property located?
The property is located at 340 W Avenue I Lancaster, CA.
What is the asking price?
The asking price for this property is $55,556.
What are key features of this property?
This property features: Wash‑and‑fold laundry business presented as ready‑to‑operate, with operations described as already set up; Year built: 1951; Heating: central and electric heating
