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$395,500 For Sale

614 N H Street
Lompoc, CA 93436


1,750 sq ft;
lot: 6970 sq ft
Commercial: Retail-Commercial - MLS# 18002751
Property Photo
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Description

Good investment opportunity or for an owner-operator in the future! Strong current tenant, a Papa John's franchisee, also owns other eateries. Business is in process of venue change. Building located in a very busy, high traffic sector of Lompoc. Surrounded by numerous shops, eateries, and other miscellaneous businesses. Lompoc High School is located within walking distance. Sellers pay insurance and taxes only. Insurance is $2,200 yearly. Current lease at listed price, with projected property taxes, is a 6.75% CAP Rate. Building newly renovated 2+ years ago by current tenant. Upgraded electrical panel box, upgraded plumbing, new HVAC system, new roof, interior furnishings.

Features

  • # Spaces: 6
  • Air Conditioning: Central Air
  • Building Info: # of Buildings: 01
  • County/Area: Santa Barbara County
  • Deposit: 5000.00
  • Exterior: Stucco
  • Foundation: Slab
  • Heating: Forced Air, Natural Gas
  • Income Source: Provided by Owner
  • Interior Features: Dual Pn Windows, Fire Sprinklers, Wheelchair Access, Wide Doors
  • Landlord Pays: Insurance, Taxes
  • Levels: One
  • Listing Status: Active
  • Location: Business District, Downtown, Free St Bldg, Profess Center, Strip Retail
  • Lot Size: 0.1600
  • Lot Size Source: Tax Records
  • Lot Size SqFt: 6969.00
  • Property Type: Commercial
  • Roof Description: Composition, Shingle
  • Sewer: Public Sewer
  • Site Improvements: Curbs/Gutter, Paved Streets, Sidewalks, Street Lights
  • Sq Ft Source: Tax Records
  • Sq.Ft.: 1750
  • Stories: 1 Story
  • Sub Type: Retail-Commercial
  • Sub-Area: 1 - Not Applicable
  • Tenant Pays: Cable TV, Electricity, Gardner, Gas, Trash Collection, Water
  • Water: Public
  • Year Built: 1984
  • Zip Code: 93436
  • Zone Description: Commercial

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