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46645 60th St W 3,405 SF Retail Building Lancaster, CA 93536 $950,000 ($279.00/SF)

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Investment Highlights

  • High traffic area.
  • Comes with two liquor licenses.

Executive Summary

Prime Multi-Use Property – Restaurant, Industrial, or Business Conversion
A rare and versatile property opportunity in the Antelope Valley, perfectly positioned for continued restaurant use or conversion to an industrial/service facility for your business operations. Situated just minutes from Highway 14/138 and close to William J. Fox Airfield, Sigma and major logistics hubs, this expansive site offers exposure, flexibility, and potential.
PROPERTY HIGHLIGHTS
• Building Size: ±3,405 sq. ft. existing structure (single story)
• Lot Size: ±6.9 acres of land providing ample parking, expansion possibilities or yard space for industrial use
• Year Built: 1960 (well-established structure)
• Current Use: Former steakhouse/restaurant facility with banquet space suitable for events, meetings, community gatherings, private parties or full restaurant operation
• Liquor Licenses Included: Two active Type 47 liquor licenses available with sale (valuable asset for continued food & beverage use)
• Infrastructure: Updated kitchen equipment and restaurant fixtures included; water well and septic system on site
• Additional Structure: Small manufactured home/living quarters located on the property — ideal for staff housing or owner-occupancy
• Zoning: Specific Plan (SP) designation, allowing flexibility and potential reuse opportunities (buyer to confirm allowable uses with city)
• High Visibility & Traffic: Located on a main thoroughfare with strong daily vehicle exposure and convenient access to key regional transportation routes
LOCATION & MARKET CONTEXT
Located in West Lancaster and surrounded by established commercial and industrial activity, this property benefits from proximity to multiple distribution centers, aerospace employers, and the Antelope Valley Fairgrounds. It is positioned to serve both local customers and commuters alike.
46645 60th St W is an exceptional property with multiple revenue pathway options — ideal for restauranteurs, investors, or business owners seeking a spacious site with flexibility to grow. Whether you plan to maintain the existing restaurant operation or convert to an industrial or service facility, this location offers strong market access, substantial land area, and valuable built-in assets.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,405 SF
Building Class
C
Year Built
1960
Price
$950,000
Price Per SF
$279.00
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
6.95 AC
Zoning
SP (SPECIFIC PLAN) - SPECIFIC PLAN

Amenities

  • Conferencing Facility
  • Fireplace
  • Restaurant
  • Signalized Intersection
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 3268-014-019
  • 3268-014-020
Land Assessment
$311,332
Improvements Assessment
$393,018
Total Assessment
$704,350
  • Listing ID: 31480949

  • Date on Market: 4/11/2024

  • Last Updated:

  • Address: 46645 60th St W, Lancaster, CA 93536

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