Standalone Corner Commercial
1255 W Avenue I Lancaster, CA 93534
1255 W Avenue I, Lancaster, CA, 93534
$599,999
For Sale
$599,999
Built in 1954, this standalone corner commercial building offers 2,209 sq. ft. of interior space on a 5,270 sq. ft. lot.
Property Size2,209 SF
Price / SF$271.62
Days on Market240
Property Features for 1255 W Avenue I
General Information
- Standard status
- Active
- Size
- 2,209 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1954
Listing agency
Option Realty
(818) 970-5778
Listed by
Keith Jacobson · License #00865982
(818) 970-5778
Source
Exitrealty
Added: Nov 25, 2025 Updated: Jul 22 at 9:07PM Checked: Jul 22 at 9:07PM
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 Option Realty
Investment Insights
Based on property information with market context.
This standalone commercial building is offered for sale as a corner unit, built in 1954 and well-maintained by a long-term owner. The property includes 2,209 sq. ft. of interior space and sits on a 5,270 sq. ft. lot, providing a flexible layout suitable for a variety of commercial uses.
Located at 1255 W Avenue I in Lancaster, CA 93534, the building’s placement in central Lancaster supports service-oriented operations. The property’s standalone configuration and lot size can also accommodate practical site needs tied to day-to-day use.
At 2,209 sq. ft., the interior space is designed to support a range of commercial concepts, while the 5,270 sq. ft. lot provides room for on-site flexibility. Interested parties should verify use specifics with the appropriate authorities as part of due diligence.
Located at 1255 W Avenue I in Lancaster, CA 93534, the building’s placement in central Lancaster supports service-oriented operations. The property’s standalone configuration and lot size can also accommodate practical site needs tied to day-to-day use.
At 2,209 sq. ft., the interior space is designed to support a range of commercial concepts, while the 5,270 sq. ft. lot provides room for on-site flexibility. Interested parties should verify use specifics with the appropriate authorities as part of due diligence.
Key Highlights
- Standalone corner commercial building built in 1954 with 2,209 sq. ft. of interior space
- Set on a 5,270 sq. ft. lot
- Well‑maintained property with long‑term owner
Local Financial Insights For Specialty 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 | $58.3k | $26.40 |
| − Vacancy | −$3.2k | −$1.45 |
| EGI | $55.1k | $24.95 |
| − OpEx | −$13.8k | −$6.24 |
| NOI | $41.3k | $18.71 |
2,209 SF · lease $26.40/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$590.5K
$516.7K – $688.9K
NOI $41,333 @ 7.0% cap · market cap 6.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$693.9K
$607.1K – $809.5K
NOI $48,571 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Exótico Nightclub
Bar & Pub
Similar For Sale Nearby
FAQs
What type of property is this?
Night club - Built in 1954, this standalone corner commercial building offers 2,209 sq. ft. of interior space on a 5,270 sq. ft. lot.
Where is this night club located?
The property is located at 1255 W Avenue I Lancaster, CA.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Standalone corner commercial building built in 1954 with 2,209 sq. ft. of interior space; Set on a 5,270 sq. ft. lot; Well‑maintained property with long‑term owner
