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203-205 W Central Ave - 205 W Central Ave 3,000 SF Flex Condo Unit Offered at $1,120,142 CAD in Lompoc, CA 93436
Investment Highlights
- The broad form zoning allows for a wide range of permitted uses
- Currently fully leased, income-producing commercial condominium on one of Lompoc's busiest commercial corridors
Executive Summary
Prime Investment Opportunity – 205 W. Central Ave, Lompoc CA Now offered as a fully leased, income-producing commercial condominium on one of Lompoc's busiest commercial corridors. This approximately 3,000 sq ft unit (per City of Lompoc parcel map) features a new lease beginning August 1, 2026 through July 2029 providing immediate, stable rental income from an established and successful Jiu Jitsu Studio. An added bonus is the approximately 1,000 sq ft mezzanine featuring four large windows that fill the space with abundant natural light. The mezzanine has been sealed off and is not included in the current lease, presenting potential future value or additional leasing opportunities, subject to the terms of the lease and any required approvals. The building features dramatic high ceilings and a modern industrial-style exposed ductwork. Broad Zoning – Exceptional Flexibility Permitted uses include: schools, live/work, residential care, cannabis dispensary/lab, retail, restaurants, medical offices, research labs, veterinary clinic, vehicle repair, and more — offering income potential, repositioning, or long-term occupancy (Buyer to verify with City of Lompoc). For more information on allowable uses please see attached PDFs in supplements, or click on City of Lompoc zoning map: https://gis.ci.lompoc.ca.us/portal/apps/experiencebuilder/experience/?id=1b3862db34b04cacae0e63641ae448d0#data_s=id%3AdataSource_1-187ddafad3a-layer-16%3A10775. Situated along West Central Ave, one of Lompoc's primary thoroughfares, the property enjoys excellent visibility and accessibility in an established commercial area. Lompoc continues to experience growth driven by it proximity to Vandenberg Space Force Base, the Central Coast wine region, and Santa Barbara, while downtown revitalization has brought investment potential. This is an opportunity to acquire a quality commercial investment with immediate income, a newly executed long-term lease, and future upside through the unleased mezzanine area and flexible zoning. All information is deemed reliable but not guaranteed. Buyers and Buyer's agents to independently verify all information with City of Lompoc and appropriate professionals.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 093-560-003 |
| No. Parking Spaces | 53 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 53 |
| APN/Parcel ID | 093-560-003 |
Now offered as a fully leased, income-producing commercial condominium on one of Lompoc's busiest commercial corridors.
This approximately 3,000 sq ft unit (per City of Lompoc parcel map) features a new lease beginning August 1, 2026 through July 2029 providing immediate, stable rental income from an established and successful Jiu Jitsu Studio.
An added bonus is the approximately 1,000 sq ft mezzanine featuring four large windows that fill the space with abundant natural light. The mezzanine has been sealed off and is not included in the current lease, presenting potential future value or additional leasing opportunities, subject to the terms of the lease and any required approvals.
The building features dramatic high ceilings and a modern industrial-style exposed ductwork.
Broad Zoning – Exceptional Flexibility Permitted uses include: schools, live/work, residential care, cannabis dispensary/lab, retail, restaurants, medical offices, research labs, veterinary clinic, vehicle repair, and more — offering income potential, repositioning, or long-term occupancy (Buyer to verify with City of Lompoc).
For more information on allowable uses please see attached PDFs in supplements, or click on City of Lompoc zoning map: https://gis.ci.lompoc.ca.us/portal/apps/experiencebuilder/experience/?id=1b3862db34b04cacae0e63641ae448d0#data_s=id%3AdataSource_1-187ddafad3a-layer-16%3A10775.
Situated along West Central Ave, one of Lompoc's primary thoroughfares, the property enjoys excellent visibility and accessibility in an established commercial area. Lompoc continues to experience growth driven by it proximity to Vandenberg Space Force Base, the Central Coast wine region, and Santa Barbara, while downtown revitalization has brought investment potential.
This is an opportunity to acquire a quality commercial investment with immediate income, a newly executed long-term lease, and future upside through the unleased mezzanine area and flexible zoning.
All information is deemed reliable but not guaranteed. Buyers and Buyer's agents to independently verify all information with City of Lompoc and appropriate professionals.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 205 | 3,000 SF | Flex | $1,120,142 CAD ($373.38 CAD/SF) | - |
Unit 205
| Unit Size |
| 3,000 SF |
| Condo Use |
| Flex |
| Price |
| $1,120,142 CAD ($373.38 CAD/SF) |
| NOI |
| - |
Unit 205
| Unit Size | 3,000 SF |
| Condo Use | Flex |
| Price | $1,120,142 CAD ($373.38 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 53 |
| APN/Parcel ID | 093-560-003 |
| Description | |
| Prime Investment Opportunity – 205 W. Central Ave, Lompoc CA<br> Now offered as a fully leased, income-producing commercial condominium on one of Lompoc's busiest commercial corridors. <br> This approximately 3,000 sq ft unit (per City of Lompoc parcel map) features a new lease beginning August 1, 2026 through July 2029 providing immediate, stable rental income from an established and successful Jiu Jitsu Studio.<br> An added bonus is the approximately 1,000 sq ft mezzanine featuring four large windows that fill the space with abundant natural light. The mezzanine has been sealed off and is not included in the current lease, presenting potential future value or additional leasing opportunities, subject to the terms of the lease and any required approvals. <br> The building features dramatic high ceilings and a modern industrial-style exposed ductwork.<br> <br> Broad Zoning – Exceptional Flexibility Permitted uses include: schools, live/work, residential care, cannabis dispensary/lab, retail, restaurants, medical offices, research labs, veterinary clinic, vehicle repair, and more — offering income potential, repositioning, or long-term occupancy (Buyer to verify with City of Lompoc).<br> For more information on allowable uses please see attached PDFs in supplements, or click on City of Lompoc zoning map: https://gis.ci.lompoc.ca.us/portal/apps/experiencebuilder/experience/?id=1b3862db34b04cacae0e63641ae448d0#data_s=id%3AdataSource_1-187ddafad3a-layer-16%3A10775.<br> <br> Situated along West Central Ave, one of Lompoc's primary thoroughfares, the property enjoys excellent visibility and accessibility in an established commercial area. Lompoc continues to experience growth driven by it proximity to Vandenberg Space Force Base, the Central Coast wine region, and Santa Barbara, while downtown revitalization has brought investment potential.<br> This is an opportunity to acquire a quality commercial investment with immediate income, a newly executed long-term lease, and future upside through the unleased mezzanine area and flexible zoning. <br> All information is deemed reliable but not guaranteed. Buyers and Buyer's agents to independently verify all information with City of Lompoc and appropriate professionals.</li></ul> |
Property Facts
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Jiu Jitsu Studio |
-
|
Jan 0000
|
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203-205 W Central Ave - 205 W Central Ave
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