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    Lancaster Commercial Opportunity Near "Blvd" Title is generated by Realmo AI

    113 Pillsbury Street, Lancaster, CA 93534

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    Claim this Listing
    For Sale
    $449,500

    Commercial Sale - Lancaster, CA

    Property size:
    2,290 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $196/SF
    Added:
    Apr 30, 2026
    Days on Market:
    48
    Last Refresh:
    Jun 16 at 12:06 pm

    Property Features for 113 Pillsbury Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    3138012077
    Size
    2,290 SF
    Lot size
    0.16 Acres

    Building Details

    Year built
    1976
    Architectural style
    Other

    We can help!

    Listing Contact
    Patrick Fossati
    Patrick Fossati

    Listing agent Patrick Fossati License #01907255

    Listing office RE/MAX Gold Coast REALTORS 601 E Daily Dr 102, Camarillo, CA

    Listing date Apr 30, 2026

    MLS# V1-36151 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Located in Lancaster's "T.O.D" Zone, allowing for a variety of uses.
    • 2,290 sq. foot building on a 7,000+ sq. foot lot with a large outdoor storage shed.
    • Located a short distance from the "Blvd" area and in eyeshot of Division Street, offering road frontage to thousands of cars per day.
    • Majority of the property is fully fenced, with parking spaces in front and within the fenced area.
    • Main building features a large, open room with multiple doors, 2 restrooms, office/reception areas, and a space ideal for a break room or kitchen.
    • Fresh paint throughout the interior and a brand new electrical panel; storage outbuilding, steel gate & fence built less than 5 years ago.

    Overview

    Located in the heart of Lancaster's commercial and industrial district, this property presents a significant opportunity. Situated a short distance from the "Blvd" area, the property features a 2,290 square foot building on a 7,000+ square foot lot, along with a large outdoor storage shed. The location within Lancaster's "T.O.D" Zone permits various uses, including retail, commercial, office space, and light industrial. The majority of the property is fenced, offering a few parking spaces in the front and additional spaces within the fenced area. The main building includes a large, open room with multiple doors, allowing for division into rentable suites. It also contains two restrooms, office/reception areas, and a space suitable for a break room or kitchen. The interior of the building features fresh paint, and a new electrical panel has been installed. The storage outbuilding, steel gate, and fence were constructed less than 5 years ago. Division Street is nearby, providing road frontage to thousands of cars daily. This versatile property offers possibilities for developers, businesses seeking a storefront, or investors looking for a 1031 exchange property.

    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 $57.7k $25.20
    − Vacancy −$3.5k −$1.51
    EGI $54.2k $23.69
    − OpEx −$16.3k −$7.11
    NOI $38.0k $16.58
    2,290 SF · lease $25.20/SF/yr · vacancy 6.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $542.5K
    $474.7K – $632.9K (±1% cap)
    NOI $37,972 @ 7.0% cap · market cap 8.45%
    Second Best
    Mixed Use
    $524.8K
    $459.2K – $612.3K (±1% cap)
    NOI $36,737 @ 7.0% cap · market cap 8.17%
    Theoretical Best
    Office A
    $719.3K
    $629.4K – $839.2K (±1% cap)
    NOI $50,352 @ 7.0% cap · market cap 11.20%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Budale Driving School Training Center Browne Charles L Architect Antelope Valley Retail Shopping Center & Mall

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Los Angeles
    State
    California
    Longitude
    -118.1308337
    Latitude
    34.691147

    FAQs

    What type of property is this?
    Mixed-use property - Versatile commercial property in Lancaster's thriving commercial/industrial district.
    Where is this mixed-use property located?
    The property is located at 113 Pillsbury Street Lancaster, CA.
    What is the asking price?
    The asking price for this property is $449,500.
    What are key features of this property?
    This property features: Located in Lancaster's "T.O.D" Zone, allowing for a variety of uses.; 2,290 sq. foot building on a 7,000+ sq. foot lot with a large outdoor storage shed.; **Located a short distance from the "Blvd" area and in eyeshot of Division Street, offering road frontage to thousands of cars per day.**
    More about this property
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