1147 Ave I I Lancaster, CA 93535-2117
- Turn key restaurants
- 1,800 SF
- 0.32 lot acres
Mar 18, 2024
Current Use by Public Records
- Turn key restaurants
Property Details for 1147 Ave I I
- Year built
- 1958
- Construction
- WOOD
- Lot size
- 0.32 lot acres
- Property size
- 1,800 SF
- Zone code
- LRD21*
- Property type
- 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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Los Angeles
- State
- California
- Longitude
- -118.109
- Latitude
- 34.7045
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
