116 E College Avenue Lompoc CA 93436 MLS #PI22027309

116 E College Avenue
Lompoc, CA, 93436
$599,000
Beds
0 Baths
SqFt
0 Acres
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.

Property Details

Price:
$599,000
MLS #:
PI22027309
Status:
Closed ((May 11, 2022))
Baths:
0
Address:
116 E College Avenue
Type:
Commercial
Subtype:
Office
City:
Lompoc
Listed Date:
Feb 10, 2022
State:
CA
ZIP:
93436
Year Built:
1980
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Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …

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