1147 AvenueLancaster, CA 93535

  • Retail properties
  • 1,800 SF
For Sale
$695,000 View listing

Property Details for 1147 Avenue

Year built
1958
Construction
WOOD
Lot size
0.32 AC
Property size (Sq ft)
1,800 SF
Zone code
LRD21*
Property type
Retail properties
Property subtype
Turn key restaurants
APN
3176-021-008
APU
3176021008

Description

This exceptional 1800-square-foot retail property, situated on a 0.32-acre lot at 1147 East Avenue I in Lancaster, CA, presents a remarkable opportunity for a discerning entrepreneur. Currently configured as a restaurant and bar, the space boasts a separate bar area complete with a cozy fireplace that seamlessly flows into a charming dining area. The layout is ideally suited for hosting a variety of events, from intimate gatherings to larger celebrations such as wedding receptions, engagement parties, birthdays, and retirement parties. The expansive backyard provides an idyllic setting for outdoor entertainment, perfect for summer evenings under the stars. The property's versatility allows for creative adaptation to suit a wide range of concepts. Included in the sale are a 20-foot storage container (empty) and two gazebos. While all equipment currently on the property is not included in the sale price, these items are negotiable. This is a rare chance to acquire a well-positioned property with significant potential in a vibrant community. The asking price is $695,000.

1147 Avenue, Lancaster, California
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Location Insight

City
Lancaster
County
Los Angeles
State
California
Latitude
34.7045
Longitude
-118.109
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,058
$176,737
$253,325
$430,062
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