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Investment Highlights

  • Visit Website: " 208ocean.com " For more info
  • Rent starting at .88 cents a Square Foot
  • Owner Carry,For Sale OR Rent

Executive Summary

Seller Financing, Mortgage approx $3,494 month (Pi)// (property tax NOT included).
($200K down/ Seller Carry $500K // 6..25% Apr // Due in 7
No Prepay Penalty.Buyer to pay property tax to county directly, Mortgage payment does not include property taxes.
***Also will lease at $3,900 month.subleasing ok. Great for up to 3 tenants.
Two front door entrances with 2 showcase windows,Two double door back entrances,Large Hall with 3 additional
office rooms(One with sink).Rear of Bldg has 1,200 Large cement floor single room with double doors and rear parking lot entry,
Restroom,that open behind building. Located Across from Toyota Dealership.
Can accommodate 3 tenants (Up to 5 for the creative minded). Property has 3 Restrooms. Has One electric meter.
Gated parking behind Building holds 8-10 cars plus front curbside street parking.
That's less than .88 cents per SqFt., cheapest rent in town,Sub Leasing ok.(See website:” 208ocean.com )
10 Miles From Space X Launch Facility and Surf Beach, Lompoc.
(FYI:::The corner Taco Restaurant is 1950 Sf was recently for sale asking $699k and has a tenant paying $3,050 month)
FOR QUICKEST RESPONSE TEXT or CALL 805-300-7101 Cheryl

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $48,066 $10.45
Other Income - -
Vacancy Loss - -
Effective Gross Income $48,066 $10.45
Net Operating Income - -

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $48,066
Annual Per SF $10.45
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $48,066
Annual Per SF $10.45
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,600 SF
Building Class
C
Year Built
1956
Price
$1,019,326 CAD
Price Per SF
$221.59 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.44
Lot Size
0.24 AC
Zoning
Comm/Retail/Medical/Food+ - Commercial, Clinic Retail ,Office, Medical,Dispensary, Retail,Dining,Auto.+ more. $162 per square foot,below replacement cost! Rear has 10 car parking
Parking
10 Spaces (2.17 Spaces per 1,000 SF Leased)
Frontage
48’ on E Ocean Ave

Amenities

  • Fenced Lot
  • Pylon Sign
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 4,600 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 4,600 SF Retail - Now

1st Floor

Size
4,600 SF
Space Use
Retail
Position
-
Available
Now
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Grocery Outlet
Starbucks
Coffee Time
Rent-A-Center
Save Mart
U.S. Bank
Mechanics Bank
Sunbelt Rentals

Property Taxes

Property Taxes

Parcel Number
085-163-020
Land Assessment
$155,980 CAD (2025)
Improvements Assessment
$382,861 CAD (2025)
Total Assessment
$538,841 CAD (2025)
  • Listing ID: 29577274

  • Date on Market: 2023-09-21

  • Last Updated:

  • Address: 208-210 E Ocean Ave, Lompoc, CA 93436

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