Coffee Shop & Property | 42104 50th St W
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Coffee Shop & Property 42104 50th St W
720 SF Retail Building Lancaster, CA 93536 $699,000 ($971/SF)
Investment Highlights
- Coffee Shop and Property Location Location
- No Competition
- High Traffic
Executive Summary
Coffee Shop and Property in growing and desirable area in the Antelope Valley.
Potential to add Drive Through and at least triple the sales!
No immediate competition around the Business
The building was originally built as a gas station and has now been retrofitted into a charming and cozy coffee shop with indoor and outdoor seating.
C-3. Land Area: +/-8,615. Bldg 720 sqft Utilities: Typical. Parking Type: On Site
Business Profile:
Established: 2009
Description of Revenue:
Beverage Sales (Espresso & Coffee Drinks, Tea, Smoothies, etc.)
Food Sales (Sandwiches, Pastries, Parfaits, etc.)
Art & Merchandise
Profits Snapshot:
2022 Gross Profits: 367,047
2021 Gross Profits: $276,011
2020 Gross Profits: $235,299
2019 Gross Profits: $270,348
2018 Gross Profits: $266,280
2017 Gross Profits: $291,185
What Business is Known For:
Opened in 2009. Now an established local business with name-recognition and a hub for local get-togethers.
Creative Coffee Drink Recipes and High Quality Espresso Drinks
A Community Orientation and Personal Customer Service
Winner of Antelope Valley’s Best Coffee Shop multiple times.
Home to well-attended Arts & Crafts Festivals. Host to other local vendor events.
Staffing:
Business maintains a staff of 8-10 people, each on a part-time basis.
Customer Base:
Business serve a wide spectrum of customers, but draw from several groups most notably:
Teachers from four local schools
Staff and Military Personnel in Aerospace
College Students
open six days a week.
open from 7 am to 6 pm, which leaves room for expanded hours.
Absentee Operated
The Business only returned to indoor dining late in 2021.
Potential to add Drive Through and at least triple the sales!
No immediate competition around the Business
The building was originally built as a gas station and has now been retrofitted into a charming and cozy coffee shop with indoor and outdoor seating.
C-3. Land Area: +/-8,615. Bldg 720 sqft Utilities: Typical. Parking Type: On Site
Business Profile:
Established: 2009
Description of Revenue:
Beverage Sales (Espresso & Coffee Drinks, Tea, Smoothies, etc.)
Food Sales (Sandwiches, Pastries, Parfaits, etc.)
Art & Merchandise
Profits Snapshot:
2022 Gross Profits: 367,047
2021 Gross Profits: $276,011
2020 Gross Profits: $235,299
2019 Gross Profits: $270,348
2018 Gross Profits: $266,280
2017 Gross Profits: $291,185
What Business is Known For:
Opened in 2009. Now an established local business with name-recognition and a hub for local get-togethers.
Creative Coffee Drink Recipes and High Quality Espresso Drinks
A Community Orientation and Personal Customer Service
Winner of Antelope Valley’s Best Coffee Shop multiple times.
Home to well-attended Arts & Crafts Festivals. Host to other local vendor events.
Staffing:
Business maintains a staff of 8-10 people, each on a part-time basis.
Customer Base:
Business serve a wide spectrum of customers, but draw from several groups most notably:
Teachers from four local schools
Staff and Military Personnel in Aerospace
College Students
open six days a week.
open from 7 am to 6 pm, which leaves room for expanded hours.
Absentee Operated
The Business only returned to indoor dining late in 2021.
Data Room Click Here to Access
Financial Summary (Actual - 2022) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$367,000
|
$509.72
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$367,000
|
$509.72
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2022)
| Gross Rental Income | |
|---|---|
| Annual | $367,000 |
| Annual Per SF | $509.72 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $367,000 |
| Annual Per SF | $509.72 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
720 SF
Building Class
C
Year Built
1953
Price
$699,000
Price Per SF
$971
Business Value
$150,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.20 AC
Zoning
C3
Parking
12 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
150 FT on 50th
Amenities
- Bus Line
- Signalized Intersection
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 3103-009-033 | Improvements Assessment | $123,137 (2024) |
| Land Assessment | $283,222 (2024) | Total Assessment | $406,359 (2024) |
PROPERTY TAXES
Parcel Number
3103-009-033
Land Assessment
$283,222 (2024)
Improvements Assessment
$123,137 (2024)
Total Assessment
$406,359 (2024)
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Coffee Shop & Property | 42104 50th St W
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