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Listed by Hooman Morvarid • Equity Union
$ 649,000
Est. payment | /mo
4,428 SqFt
$ 649,000
Est. payment | /mo
4,428 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
Square Footage 4,428 sqft
Price per Sqft $146
MLS Listing ID CRSR25238878
HOA Y/N No
Year Built 1957
Lot Size 4,792 Sqft
Property Sub-Type Retail
Source Datashare California Regional
Property Description
Discover this rare, hard-corner retail opportunity in Palmdale's thriving commercial corridor. This single-story building offers 4,428 SQ FT of versatile space on a 0.11-acre lot, anchored at the intersection of Q-6 Avenue and 9th Street East with approx. 106' of frontage on Q-6 and 56' along 9th. Built in 1957, the property is subdivided into four tenant suites, but it is possible to split the vacant unit into two separate units. Currently, three units are under short-term leases, one of which is vacant, creating immediate cash flow with flexibility for repositioning or owner occupancy. Why this work? Flexible lease structure & value-add runway: Short-term leases allow repositioning, rent growth, or conversion to a single user. Owner-user optionality: Take over a portion or the entire building while allowing other suites to generate income. Zoning & classification: SP Transit Area / Urban Core zoning supports a variety of retail, service, food, or office hybrid users. Opportunity Zone status: Located inside a designated Opportunity Zone, adding potential tax benefits for qualified investment. Signage & branding exposure: Dual-street frontage gives maximum visibility and branding reach from two busy arterials. Strategic access: Minutes from Highway 14, with quick ingress/egress a
Location
State CA
County Los Angeles
Interior
Heating Other
Cooling Central Air
Fireplace No
Building
Water Public
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Vander Meulen Real Estate Group
Broker, REALTOR® | Lic# 00842213 | Lic# 02150745