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Downtown Lancaster Retail/Restaurant Opportunity
For Sale
$408,000

408 W Lancaster Blvd, Lancaster, CA 93534

Retail or restaurant space near train station, schools, and civic buildings.

Property SizeContact for details
Lot Size0.09 Acres
Days on Market819

Property Features for 408 W Lancaster Blvd

General Information

Standard status Active
Lot size 0.09 Acres
Listing Agency: Startronic Real Estate
Listed By: Garth Davis · License #01072894
Source: Exprealty
Added: Jul 11, 2024 Changed: Oct 7 Last Checked: Oct 5 at 11:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Startronic Real Estate

Investment Insights

Based on property information with market context.

Located in downtown Lancaster, this property is situated near the train station, schools, and civic buildings, with shopping and restaurants in the vicinity. The building, formerly a mail mart, includes a large cooler suitable for a market or restaurant. It was most recently converted into a tattoo parlor, presenting various possibilities for future use.

Key Highlights

  • Downtown Lancaster location.
  • Proximity to train station, schools, and civic buildings.
  • Close to shopping and restaurants.

Property Analytics

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Current Use

Lancaster Mail and Mart Law Firm Legacy Ink Tattoo ... Tattoo & Piercing Shop

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Electrical Service Acupuncture Storage Facility Catering Service

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

Location Intelligence

Trade Area within ½ mile

1,423
Businesses Nearby

Demographics for 93534, CA

43,906
Population
16,343
Households
2.7
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
19.0 sq mi
ZIP Area
2,311
Density / Sq Mi
$58,891
Median Household Income
$44,566
Median Earnings
$1,513
Median Rent
$339,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail or restaurant space near train station, schools, and civic buildings.
Where is this retail space located?
The property is located at 408 W Lancaster Blvd Lancaster, CA.
What is the asking price?
The asking price for this property is $408,000.
What are key features of this property?
This property features: Downtown Lancaster location.; Proximity to train station, schools, and civic buildings.; Close to shopping and restaurants.
More about this property
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