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1661 W Avenue K
Lancaster, CA 93534
Shell Gas Station and Property · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Service Station
Building Size
1,935 SF
Building Class
B
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.45 AC
Zoning
LRC2
Parking
8 Spaces (4.13 Spaces per 1,000 SF Leased)
Frontage
141’ on W Avenue K

Amenities

  • Bus Line
  • Pylon Sign
  • Signalized Intersection

About 1661 W AVENUE K , LANCASTER, CA 93534

Lucrative Investment Opportunity in Lancaster, CA Shell Gas Station Business & Property Are you searching for a prime investment opportunity in the heart of Lancaster, CA? Look no further! We present to you an incredible chance to own the renowned Shell Gas Station located in Antelope Valley. Key Features: Business & Property: The package includes both the business and property, ensuring a comprehensive investment. Established Reputation: Operating for over 45 years, this Shell Gas Station is deeply ingrained in the community and boasts a loyal customer base. High Visibility: Positioned on a major street with excellent freeway visibility, ensuring steady traffic flow. Revenue Streams: With pumping rates of 65 GPM @ 0.35C and a thriving Beer & Wine Drive Thru Market generating around $110K per month @35%, the gross monthly income exceeds $65K. Low Overhead Costs: Benefit from a unique Drive Thru set up, resulting in low overhead costs and maximizing profits. Recent Upgrades: The property has been recently remodeled, featuring new blacktop, fresh paint, and updated signage, ensuring a modern and attractive appearance. Contract: Approximately 3.5 years remaining on the Shell contract, providing stability and reliability. Expiring January 1st, 2028. Property Details: Location: Antelope Valley CA Property Size: 15,570 sq ft Building Size: 1935 sq ft Investment Details: Asking Price: $4,999,000 (Business & Property) Confidentiality: Please respect the seller's request and refrain from contacting anyone at the location directly. Further Information: To receive detailed financials and additional information, interested parties are required to provide a signed NDA (Non-Disclosure Agreement) and Proof of Funds. Act Now! Don't miss out on this exceptional opportunity to acquire a thriving business in a prime location. Contact us today to request the necessary documents and take the first step towards securing this lucrative investment. Serious inquiries only. Disclaimer: All interested parties must conduct their own due diligence. The information provided is deemed reliable but not guaranteed.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 3129-019-013
  • 3129-019-014
Land Assessment
$2,089,050
Improvements Assessment
$232,114
Total Assessment
$2,321,164
  • Listing ID: 31550575

  • Date on Market: 4/19/2024

  • Last Updated:

  • Address: 1661 W Avenue K, Lancaster, CA 93534

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