$570,000
$599,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
116 E College AVE Lompoc, CA 93436
6,969 Sqft Lot
Key Details
Sold Price $570,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PI22027309
Sold Date 05/11/22
HOA Y/N No
Year Built 1980
Lot Size 6,969 Sqft
Property Description
Here is a great opportunity to own a commercial building just off the main thoroughfare, H Street (Pacific Coast Highway), in Lompoc. Broad commercial zoning allows for many uses. All tenants are on month-to-month. This building can work multiple ways. This building works well as an owner/user occupancy or partial owner/user with 22 spaces providing ample parking for service vehicles or employees and customers (call for details on parking easement). Current rents are below market. Occupy your building and have your tenants help you with mortgage payments. Rents can be raised organically or you can remodel and collect higher market rents. There are bathrooms in all units with the exception of a shared bathroom in Suite A-A1. There is a quaint outdoor patio in the rear of the building which can be used for employee breaks or additional outdoor storage for owner/users. Please do not disturb tenants. Interior tours with acceptable offer only.
Location
State CA
County Santa Barbara
Area Lomp - Lompoc
Zoning C2 - Commercial Business
Interior
Heating Forced Air
Fireplace No
Laundry None
Exterior
Roof Type Flat
Building
Lot Description 6-10 Units/Acre
Story 1
Water Public
Others
Tax ID 087192002
Financing Cash
Special Listing Condition Standard
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Bought with Michael Puhek • RE/MAX Del Oro
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442