902 W Lancaster Boulevard, Lancaster, CA 93534
COMMERCIAL - Lancaster, CA
- Added:
- Apr 27, 2026
- Days on Market:
- 72
- Last Refresh:
- Jul 7 at 4:06 am
Property Features for 902 W Lancaster Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- LRC3
- Standard status
- Active
- APN
- 3133-005-024
- Size
- 3,510 SF
- Lot size
- 0.19 Acres
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Central, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1953
- Floors in Building
- 1
- Building materials
- Stucco, Wood Siding
- Roof type
- Tile, Concrete
Listing agent Angelo Gant License #02158941 (760) 267-1184
Listing office Roher Realty 767 W Lancaster Blvd 2nd Fl, Lancaster, CA (661) 951-0110
Listing date Apr 27, 2026
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.
HighLights
- Commercial building in Downtown Lancaster on Lancaster Blvd, across from Residence Inn
- Current layout: 1 office plus 2 retail spaces; office currently set up for an insurance business
- Two retail spaces are on month‑to‑month leases
- Rear of the building includes 13 private parking spaces
- Central heating and central air with natural gas; roof features tile and concrete
- Brand new electrical panel installed; built in 1953
Overview
Located in the heart of Downtown Lancaster on Lancaster Boulevard, the building sits directly across from the Residence Inn. The two retail spaces are on month-to-month leases, offering occupancy flexibility. At the rear of the building, there are 13 private parking spaces for customer and tenant use.
With its three-suite configuration and dedicated parking at the rear, the property may appeal to buyers looking for a downtown office-and-retail building with an existing mix of uses. The ongoing office setup and the month-to-month retail arrangements can help streamline near-term decisions for an owner-operator or investor who wants to manage leasing on a tenant-by-tenant basis, subject to the existing terms in place. Zoning is listed as LRC3.
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 | $88.5k | $25.20 |
| − Vacancy | −$5.3k | −$1.51 |
| EGI | $83.1k | $23.69 |
| − OpEx | −$24.9k | −$7.11 |
| NOI | $58.2k | $16.58 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Los Angeles
- State
- California
- Longitude
- -118.147087
- Latitude
- 34.696992
