45216 10th W, Lancaster, CA 93534
- $3,280,000
- Sold Price
- $3,280,000
- List Price
- $3,400,000
- Closing Date
- May 07, 2026
- Status
- CLOSED
- MLS#
- SR26046684
- Year Built
- 1968
- Lot Size
- 86,074
- Acres
- 1.98
- Lot Location
- Street Level
- Days on Market
- 8
- Property Type
- Commercial
- Property Sub Type
- Retail
Property Description
Lancaster Plaza is a value-add opportunity with cash flow in place. The subject property is located at the intersection of 10th Street West and Avenue I, two major thoroughfares with combined traffic counts exceeding 41,100 vehicles per day. The property is currently 57% occupied and is shadow anchored by McDonald's and Auto Zone. Lancaster Plaza is currently mismanaged and the seller has incomplete records. All buyers are encouraged to complete thorough due diligence.
Additional Information
- Water
- Public
- Attached Structure
- Detached
- Gross Scheduled Income
- $270,276
- Operating Expense
- 113532
Listing courtesy of Listing Agent: Joshua Markowitz (josh@markowitzcre.com) from Listing Office: Markowitz Commercial Real Estate, Inc..
Listing sold by Joshua Markowitz from Markowitz Commercial Real Estate, Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.