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124-126 N I St 12,000 SF 100% Leased Retail Building Lompoc, CA 93436 $2,739,420 CAD ($228.28 CAD/SF) 6.24% Cap Rate
Investment Highlights
- Located in the Old Town District.
- Located in an Opportunity Zone.
Executive Summary
Here is a unique opportunity to purchase a building with ample parking in an Opportunity Zone in the Old Town Commercial District. Approximately half the building is occupied by Gymnastics North, a successful children's gymnastics gym. The other half is VTC Enterprises Adult Day. VTC Enterprises is willing to relocate making their space available for an owner user. If you are tired of paying someone's mortgage with rent, then this is a golden opportunity for you. Building is approximately 12,000 sq. ft. (buyer and buyer's agent to verify). Call today for details or showing of this building.
*Year built is unknown, please check with the city.
*Year built is unknown, please check with the city.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,000 SF
Building Class
C
Year Built
1980
Price
$2,739,420 CAD
Price Per SF
$228.28 CAD
Cap Rate
6.24%
NOI
$170,940 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.49
Lot Size
0.56 AC
Opportunity Zone
Yes
Zoning
OTC - Old Town Commercial
Parking
38 Spaces (3.85 Spaces per 1,000 SF Leased)
Frontage
173’ on N I St
Amenities
- Signage
- Wheelchair Accessible
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 085-121-014 | Improvements Assessment | $1,380,583 CAD |
| Land Assessment | $499,003 CAD | Total Assessment | $1,879,585 CAD |
Property Taxes
Parcel Number
085-121-014
Land Assessment
$499,003 CAD
Improvements Assessment
$1,380,583 CAD
Total Assessment
$1,879,585 CAD
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124-126 N I St
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