$562,500
FOR SALEActive38262 6th E
Palmdale CA 93550
3,228
SF
Retail
Type
1955
Built
$174/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
Prime, commercial retail/office/residential mixed-use investment opportunity in the heart of Palmdale just off of Palmdale Blvd & 6th St East. The lot is just under 7,000 SF with 3,228 SF of mixed-use building space of which two tenants occupy and two are vacant as of 10/01/2026. This property offers excellent visibility and long-term upside. Various capital & tenant improvements include a full roof replacement 10 years ago, ADA parking lot upgrades, mini split systems in each unit, updated flooring, paint, electrical, and more. This is a low maintenance building overall with a secured/gated parking lot behind the property for added convenience. Well-suited for investors seeking stable income or high capitalization with residential zoned modifications for that urban advantage. Don't miss this value-add opportunity in a growing market! The anchor tenant is a trendy barber shop while the remaining three units vary in their occupancy status. 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, all of which are fully occupied with solid tenants in place, providing immediate income. Each unit is separately metered for electricity and gas 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!
Property Information
Property Overview
Commercial - Retail
Property Type
Active
Status
MU3
Zoning
0.1604 acres
Lot Size
4
Total Units
3,228 SF
Square Footage
$174.26/SF
Price per SF
8.00%
Cap Rate
1,955
Year Built
1
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
8% Cap Rate
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
8.00%
Cap Rate
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Closed commercial sales reported, newest first.