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44431 Division St 768 SF Retail Building Lancaster, CA 93535 $425,000 ($553.39/SF)

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INVESTMENT HIGHLIGHTS

  • Commercial property and building with current Drive-In Restaurant. Drive-Thru restaurant & drive-thru dairy potential, Bar and Tavern is possible.

EXECUTIVE SUMMARY

*NEW PRICE* Submit ALL Offers - Commercial Property For Sale = Building and Land! Established Dine In Restaurant, Prime investment & income producing opportunity in Lancaster, CA. White House is For Sale! This property is located within one of the City of Lancaster, CA Opportunity Zones. Property could have multiple uses and can possibly be converted into a drive-thru restaurant with approved traffic and parking plan. Some potential uses for this building and location could be a drive-thru coffee shop, quick serve dairy, bar/tavern/cocktail lounge, office, retail sales or many other end uses. Don't miss this rare opportunity to own and operate a well established Drive-In Restaurant with Drive-Thru potential. The White House Drive-In Restaurant on Division St and Pondera St, just North of Avenue J, has been happily serving customers of the Antelope Valley for almost 50 years. This commercial property is currently leased and operating as a drive-in restaurant. Purchase Commercial property and leave tenant in place for quick ROI, or operate your own business from this great location. Price Reduced for a Quick Sale. All offers will be reviewed. Don't wait! View Today!

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
768 SF
Building Class
C
Year Built
1955
Price
$425,000
Price Per SF
$553.39
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.24 AC
Opportunity Zone
Yes
Zoning
LRC3* - City of Lancaster, CA MU = Mixed Use Commercial property includes free standing building and land. Multiple uses for this zoning.
Frontage
100’ on Division St

AMENITIES

  • Corner Lot
  • Restaurant
  • Signage
  • Drive Thru
Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Captain Tony's Pizza & Pasta
Chase Bank
California Bank & Trust
Starbucks
IHOP
Vallarta Supermarkets

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3138-010-060
Land Assessment
$32,317
Improvements Assessment
$50,789
Total Assessment
$83,106
  • Listing ID: 32380695

  • Date on Market: 7/8/2024

  • Last Updated:

  • Address: 44431 Division St, Lancaster, CA 93535

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