For Sale
$1

F 112116 St Lompoc, CA 93436

Versatile Commercial Building, High Potential

Overview

Added:
Feb 3
Days on market:
79
This exceptional commercial property, located at 112116 Street in Lompoc, California, presents a unique investment opportunity. The 6,699 square foot building, constructed in 2006, currently features three commercial units totaling 5,895 square feet and sits on a sizable 17,424 square foot lot. Its current configuration is ideal for an owner-user seeking retail or office space, or for an investor seeking a property with an existing tenant. The property's Mixed Use (MU) zoning designation unlocks significant potential for future development. The City of Lompoc has indicated approval for conversion into an eight-unit multifamily complex, comprising four one-bedroom, one-bathroom units and four two-bedroom, one-bathroom units. This redevelopment potential significantly enhances the property's long-term value and investment appeal. The property boasts ample parking with 26 on-site spaces, ensuring convenience for tenants and customers. Its strategic location near major transportation routes provides excellent accessibility and visibility. This combination of existing income potential, future development possibilities, and convenient location makes this property a rare and highly desirable investment opportunity in the thriving Lompoc market. The property is ready for immediate showing.

Property Details for F 112116 St

Property type
Commercial real estate
Square Feet
6,699 SF

Location Insight

City
Lompoc
County
Santa Barbara
State
California
Latitude
34.63912
Longitude
-120.4554

FAQs

What type of property is this?
Commercial real estate - Versatile Commercial Building, High Potential
Where is the commercial real estate located?
The property is located at F 112116 St Lompoc, CA.
What is the asking price?
The asking price for this property is $1.
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F 112116 St
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