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Equipped Restaurant with Banquet Room
For Sale
$250,000

1020 E Ave K, Lancaster, CA 93535

Business Opportunity, Lancaster, CA

Property Size2,526 SF
Lot Size3.06 Acres
Price / SF$98.97
Days on Market302

Property Features for 1020 E Ave K

General Information

Property type Commercial Sale
Property subtype Other
Zoning LRC3-RA650
Directions Travel east from 14 freeway down ave k until reaching challenger way
Subdivision 04 - Lanc Div to 90th E
Standard status Active
APN 3170-040-015
Size 2,526 SF
Lot size 3.06 Acres

Utilities

Heating system Central
Cooling system Central Air

Amenities

banquet room

Building Details

Year built 1989
Building materials Concrete, Stucco, Wood Siding
Listing Agency: Frontline Property Management
Listed By: Nestor Gonzalez · License #02025829
Added: Nov 17, 2025 Changed: Sep 4 Last Checked: Sep 15 at 1:06AM
MLS# 25008780

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 2,526-square-foot restaurant business in Lancaster includes a main dining area, a banquet-style event room, and a fully equipped operational setup. The floor plan accommodates regular dining along with catered functions, celebrations, weddings, and business gatherings. A T-47 liquor license supports full bar service and additional beverage offerings.

The property occupies 3.06 acres at 1020 E Ave K in Lancaster, California. Built in 1989, the improvements feature concrete, stucco, and wood siding construction, with central heating and central air conditioning. Zoning is LRC3-RA650.

Key Highlights

  • 2,526‑square‑foot restaurant business on 3.06 acres
  • Banquet‑style room for catered functions and private events
  • T‑47 liquor license permits full bar service

Property Analytics

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Current Use

Roca del Mar ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

291
Businesses Nearby
Under-served
Demand for This Use

Demographics for 93535, CA

82,149
Population
23,917
Households
3.4
Avg Household Size
31
Median Age
14%
College-Educated
78%
High-School Grad
239.0 sq mi
ZIP Area
344
Density / Sq Mi
$65,989
Median Household Income
$41,834
Median Earnings
$1,650
Median Rent
$336,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Includes a dedicated event room and T-47 liquor license supporting full bar service.
Where is this conventional restaurant located?
The property is located at 1020 E Ave K Lancaster, CA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 2,526‑square‑foot restaurant business on 3.06 acres; Banquet‑style room for catered functions and private events; T‑47 liquor license permits full bar service
More about this property
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