42723 3rd St E, Lancaster, CA 93535

Property Description

Great investment opportunity located in Lancaster, California. This 1.27-acre lot offers both owner-users and investors a unique investment opportunity to structure a profitable return on investment. The property is currently operating as an Automotive Body and Repair Center, a business that has thrived at this location for over two years and features multiple building structures on the property.There is a main office located at the front entrance and is protected by a fully secured electronic gate with a designated handicap space. Inside the office, there are two showrooms, a kitchen, a bathroom, a bedroom, and two designated office spaces with a full air conditioning unit. Central amenities; There is a fountain lounge area located in the rear of office. Lots of parking available throughout the 1.27-acre lot, with a concrete slab that extends from the entrance to the back of the property, which is great for large transportation trucks.The property includes a manufactured home with 2 bedrooms, 2 bathroom, a kitchen, and a spacious living room. This home is equipped with an air conditioning unit, a furnace, and a privately fenced custom in ground pool with water fountain located in the back. Additional 2 Bedroom guest house with bathroom access is attached to the manufactured home offering additional rental income. There is a separate building structure directly across the home that was formerly used as a sound studio approximately 500 sf. It is equipped with an air conditioning unit and electricity. Great rental potential with these structures in an area that is continuously growing.There are additionally five separate bays which are 20 x 30 ft on the property designed for automotive body and repair work, which 1 is currently rented by a tenant. Two of the bays are 14 ft high. Each bay is equipped with 110/220 volt power, providing a wide range of industrial and mechanical use. There is also a 16-foot high by 20 x 45ft spray booth structure on the property, fully enclosed and equipped with an electrical system, an exhaust system, and a generator. Great for painting and finishing large transportation trucks. Offering owner user or investor additional rental income potential.Zoned Heavy Industrial, this property is ideal for heavy industrial activities such as manufacturing, automotive , warehousing, or distribution. The zoning will allow for a large industrial building to be built, making it a valuable investment opportunity.