Mixed-Use Building with Redevelopment Potential
Office | 6,699 SF
Marketing description
This versatile 6,699 SF, 3-unit commercial building, built in 2006, sits on a 17,424 SF lot in the heart of Lompoc. Ideal for an owner-user in retail or office, it can also offer a great opportunity for investors with a tenant in tow. Zoned Mixed Use (MU), the property holds strong potential for multifamily redevelopment, with the city indicating approval for conversion into eight apartment units (4 x 1/BD/1BA and 4 x 2BD/1BA). With 26 on-site parking spaces and a prime location near transportation corridors, this property is a rare find for those seeking a flexible, high-value investment.
Investment highlights
Address: 112-116 N F St, Lompoc, CA
APN: 085-131-020
Zoning: (MU) Mixed Use Zone with a PD (Planned Development Overlay)
Building: 6,699 SF
Lot: 17,424 SF (0.4 acre)
Sale Price: $1,250,000 ($187/SF RBA)
Tenants: None
Lease Rate: CLA
Available: Now
Floors: Two
Units: Three
Property Type: Retail/office
Parking: 26 spaces
Restrooms: 4 private
HVAC: Yes
Year Built: 2006
To Show: CLA
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