656 W Lancaster Rd Lancaster, CA 93534
For Sale
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This exceptional 6,487 square foot retail property, located at 656 W Lancaster Blvd in Lancaster, CA 93534, presents a unique owner-user or investor opportunity. Situated on a 7,500 square foot lot, this single-story, Class B building boasts a prominent storefront with double door entry and floor-to-ceiling glass, ideal for high visibility businesses. Built in 1953, the property features two units, offering versatile space for a variety of uses, including retail, office, or restaurant. The layout includes a spacious retail area, private office, warehouse space with a roll-up door, elevated rear storage, and three restrooms. Multiple entrances enhance accessibility. Currently vacant with an occupancy date of July 26, 2024, this property is zoned for Downtown Specific Plan and offers almost 6,500 square feet of net rentable space, priced at $239.86 per square foot for a total asking price of $1,556,000. The property is held in trust and its APN is 3134-016-010. This high-traffic location in the heart of Downtown Lancaster provides excellent visibility and accessibility. The property's versatile layout and ample space make it an attractive option for a wide range of businesses seeking a prominent presence in a thriving downtown area. This is a truly exceptional opportunity for an owner-user or investor seeking a prime retail location in Lancaster, California.
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Bohn's Printing Marketing & Advertising Printing Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LRC3* · Lancaster, CALancaster. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.