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    Corner Commercial Building with Parking Title is generated by Realmo AI

    902 W Lancaster Boulevard, Lancaster, CA 93534

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    For Sale
    $709,900

    COMMERCIAL - Lancaster, CA

    Type:Office
    Property size:
    3,510 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $202/SF
    Added:
    Apr 27, 2026
    Days on Market:
    62
    Last Refresh:
    Jun 27 at 4:06 pm

    Property Features for 902 W Lancaster Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Zoning
    LRC3
    Standard status
    Active
    APN
    3133-005-024
    Size
    3,510 SF
    Lot size
    0.19 Acres

    Utilities

    Utilities
    Natural Gas Available
    Heating system
    Natural Gas, Central
    Cooling system
    Central Air

    Building Details

    Year built
    1953
    Floors in Building
    1
    Building materials
    Stucco, Wood Siding
    Roof type
    Tile, Concrete

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    Angelo Gant

    Listing agent Angelo Gant License #02158941

    Listing office Roher Realty 767 W Lancaster Blvd 2nd Fl, Lancaster, CA

    Listing date Apr 27, 2026

    MLS# 26003415

    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.

    HighLights

    • Downtown Lancaster commercial building on the corner of Genoa and Lancaster Blvd.
    • Currently configured with 1 office and 2 retail spaces.
    • Two retail spaces are leased on a month‑to‑month basis.
    • Rear lot includes 13 private parking spaces.
    • Year built: 1953; construction materials include stucco and wood siding.
    • Brand new electrical panel being installed; roof includes tile and concrete; central heating and central air.

    Overview

    This well-maintained commercial building is currently configured with one office space and two retail spaces. The office portion is set up as an insurance business, while the two existing retail spaces are leased on a month-to-month basis. A brand new electrical panel is being installed, supporting day-to-day operations and tenant power needs. At the rear of the building, there are 13 private parking spaces.

    Located in the heart of Downtown Lancaster, the property sits on a corner along Genoa and Lancaster Boulevard. The street-corner position provides straightforward customer access to the retail components, while the rear parking supports tenant and visitor parking convenience.

    For buyers and operators, the mix of office and retail space can accommodate multiple use types or a leasing strategy that separates professional services from storefront activity. Existing in-place office setup and month-to-month retail leases may appeal to an owner seeking flexibility, while the 13 private parking spaces help differentiate the property for everyday tenant and customer access. The property is zoned LRC3, providing a defined regulatory framework for potential uses consistent with that classification.

    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 $88.5k $25.20
    − Vacancy −$5.3k −$1.51
    EGI $83.1k $23.69
    − OpEx −$24.9k −$7.11
    NOI $58.2k $16.58
    3,510 SF · lease $25.20/SF/yr · vacancy 6.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $831.4K
    $727.5K – $970.0K (±1% cap)
    NOI $58,201 @ 7.0% cap · market cap 8.20%
    Second Best
    Office B
    $799.2K
    $699.3K – $932.4K (±1% cap)
    NOI $55,946 @ 7.0% cap · market cap 7.88%
    Theoretical Best
    Office A
    $1.10M
    $964.7K – $1.29M (±1% cap)
    NOI $77,177 @ 7.0% cap · market cap 10.87%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    John E. Peakes ... Insurance Agency E. Peakes Insurance ... Insurance Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Los Angeles
    State
    California
    Longitude
    -118.147087
    Latitude
    34.696992

    FAQs

    What type of property is this?
    Office building - Well-maintained building offers one office and two retail suites with rear private parking and updated electrical improvements.
    Where is this office building located?
    The property is located at 902 W Lancaster Boulevard Lancaster, CA.
    What is the asking price?
    The asking price for this property is $709,900.
    What are key features of this property?
    This property features: Downtown Lancaster commercial building on the corner of Genoa and Lancaster Blvd.; Currently configured with 1 office and 2 retail spaces.; Two retail spaces are leased on a month‑to‑month basis.
    More about this property
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