614 N H Street

    Lompoc, CA 93436
    • $395,500
    • STATUS: Active
    • ON SITE: 87 days
    • ID#: PI18229206
    UPDATED: 47 min ago
    $395,500
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,750
      SQFT
    • $226
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1984
    County:

    School Ratings & Info

    Description

    Good investment opportunity or for an owner-operator in the future! Strong current tenant, also owns other eateries. Business is in process of venue change and tenant committed to honoring lease. 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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-17T00:27:47.037. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.pismohomes.com/homes/87761751

    614 N H Street Lompoc, CA 93436

    • Price: $395,500
    • Status: Active
    • Updated: 47 min ago
    • ID#: PI18229206
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1,750
    SQFT
    $226
    $/SQFT
    1984
    Built
    Neighborhood:
    LOMP - Lompoc
    County:
    Santa Barbara
    Area:
    LOMP - Lompoc
    Property Description
    Good investment opportunity or for an owner-operator in the future! Strong current tenant, also owns other eateries. Business is in process of venue change and tenant committed to honoring lease. 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.
    Exterior Features

    Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 6.00 Roof FlatTile

    Interior Features

    Condo Area Units Square Feet Cooling Central Cooling YN Yes Heating Forced Air Heating YN Yes Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Country Us Current Use Comments Papa John's Pizza Investment Property YN Yes Land Lease YN No Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Occupancy Occupied Property Sub Type Business Special Listing Conditions Standard Total Monthly Rent 2875 Water Source Public

    Listing provided courtesy of Steve Gonzales of Champion Real Estate.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-17T00:27:47.037. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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