Restaurant with Banquet Room and
For Sale
$250,000
1020 E Ave K, Lancaster, CA 93535
COMMERCIAL - Lancaster, CA
Property Size2,526 SF
Lot Size3.06 Acres
Price / SF$98.97
Days on Market256
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
Building Details
Year built
1989
Building materials
Concrete, Stucco, Wood Siding
Listing Agency:
Frontline Property Management
(661) 723-3013
Listed By:
Nestor Gonzalez · License #02025829
(661) 917-3934
Added: Nov 17, 2025
Changed: Jun 9
Last Checked: Jul 31 at 5:06PM
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 for-sale restaurant features a well-distributed floor plan designed to support day-to-day operations. In addition to the main dining area, the property includes a banquet-style room that can accommodate larger functions and catered events, providing flexibility for private gatherings. The business is described as fully equipped, offering an organized setup for continued restaurant operations.
Located at 1020 E Ave K in Lancaster, California, the property is paired with a T-47 liquor license, enabling full bar service. This combination supports broader beverage program potential alongside standard food service, supported by the existing equipment and layout.
Overall, the space is positioned as a versatile restaurant environment with dedicated event space and the ability to operate with full bar service under the T-47 liquor license.
Located at 1020 E Ave K in Lancaster, California, the property is paired with a T-47 liquor license, enabling full bar service. This combination supports broader beverage program potential alongside standard food service, supported by the existing equipment and layout.
Overall, the space is positioned as a versatile restaurant environment with dedicated event space and the ability to operate with full bar service under the T-47 liquor license.
Key Highlights
- Restaurant building with concrete, stucco, and wood siding construction
- Central heating and central air conditioning
- Built in 1989
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
150
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - For sale restaurant offering a main dining area, banquet-style room, and a T-47 liquor license for 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: Restaurant building with concrete, stucco, and wood siding construction; Central heating and central air conditioning; Built in 1989