You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $515,000
Turn key restaurants

1147 Ave I I Lancaster, CA 93535-2117

1,800 SF 0.32 ac lot Built 1958
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US10-0111556
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1958
Construction WOOD
Total area 1,800 SF
Lot 0.32 ac (14,077 SF)
Zoning code LRD21*
APN 3176-021-008
UPID US10-0111556
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$515k
Owner & transaction history
The 5 Bears LLC
The 5 Bears LLC
since 2026
Last sale
$550,000
6 recorded transactions
2026
$550,000
2024
Price N/A
2015
$365,000
2012
Price N/A
2009
Price N/A
1958
Price N/A
Zoning & alternative use
LRD21* · Lancaster, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1147 Ave I I?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message