$567,000
Prime mixed-use investment opportunity in the heart of Palmdale near Palmdale Blvd & 6th St East. This 3,228 SF Mixed Use 3 (MU3) zoned property offers excellent visibility and long-term upside. The building consists of four units; two are vacant and lease-ready, ideal for an owner-user or to quickly increase cash flow at market rents. The remaining two units are occupied by month-to-month tenants, providing immediate income with flexibility for future repositioning. Each unit is separately metered and features updated flooring, interior paint, and an individual mini-split heating & cooling system plus a wall furnace. The property has been very well maintained, including a full roof replacement approximately 10 years ago, contributing to lower ongoing capital expenses. Situated on a lot just shy of 7,000 SF, the property includes a secured rear parking area with gated access and ADA-compliant upgrades, enhancing both tenant convenience and regulatory compliance. With low maintenance requirements and tenants responsible for their own repair and maintenance, this asset is well-suited for investors seeking stable income with minimal management overhead. Positioned in a highly desirable commercial location with strong foot and vehicle traffic, this property offers excellent potential for retail, office, or mixed-use applications in one of Palmdale's most active business areas. Don't miss this value-add opportunity in a growing market!
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Listed by Ciji Ripoll with Re/Max All-Pro (661) 945-9461
Property Type
Retail
Status
Active
MLS Number
SR26076938
Year Built
1955
Lot Size
6,987 sq ft