44143 20Th StLancaster, CA 93534

This 12,288 square foot, single-story Class B medical office building in Lancaster, CA, is available for $2,349,000 ($191.16/SF). Located on high-traffic 20th Street West, half a block from the 14 Freeway, it offers excellent visibility and ample parking. Currently vacant, this versatile space is ideal for various medical or professional uses. A long-term lease with Crown Castle for a wireless tower on the property provides consistent income until December 31st, 2098, including renewal options. An additional 77 sq ft lease with Crown Castle generates $2,500 monthly rent. The property sits on a 40,507 sq ft lot (APN 3123-005-041) and boasts convenient proximity to Antelope Valley Hospital, CVS, and Home Depot. A new hospital is pending approval nearby, potentially increasing future property value. Built in 1985, the property consists of two units within one building and is zoned for commercial use. The building is currently vacant, with a previous tenant vacating by August 31st, 2024. Potential uses include medical or dental offices, dialysis centers, adult day care, CPA or law firms, executive office space, veterinary hospitals, and more. Buyers are advised to conduct their own due diligence.