419 N H Street

    Lompoc, CA 93436
    • $419,000
    • STATUS: Active
    • ON SITE: 30 days
    • MLS #: 18002751
    UPDATED: 41 min ago
    $419,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,750
      SQFT
    • $239
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1984
    County:
    Area:

    School Ratings & Info

    Description

    Good investment opportunity or for an owner-operator in the future! Current occupant is a strong tenant, a Papa John franchisee. 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. Current insurance is $2,200 yearly. Current lease at listed price, with projected property taxes, is a 6.25% cap rate. Building newly renovated two years ago by Papa John franchisee.

    Monthly Payment Calculator



    © 2018 North Santa Barbara County MLS. All rights reserved. Based on information from the Santa Maria Association of REALTORS® (alternatively, from the Central Coast Regional MLS) as of 2018-10-21T07:29:36.1. All data, including measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams.

    www.theepsteinpartners.com/homes/87758378

    419 N H Street Lompoc, CA 93436

    • Price: $419,000
    • Status: Active
    • Updated: 41 min ago
    • MLS #: 18002751
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1,750
    SQFT
    $239
    $/SQFT
    1984
    Built
    Neighborhood:
    1 - Not Applicable
    County:
    Santa Barbara
    Area:
    60 - Lompoc
    Property Description
    Good investment opportunity or for an owner-operator in the future! Current occupant is a strong tenant, a Papa John franchisee. 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. Current insurance is $2,200 yearly. Current lease at listed price, with projected property taxes, is a 6.25% cap rate. Building newly renovated two years ago by Papa John franchisee.
    Exterior Features

    Exterior Stucco Roof Description CompositionShingle

    Interior Features

    Air Conditioning Central Air Foundation Slab Heating Forced AirNatural Gas Interior Features Dual Pn WindowsFire SprinklersWheelchair AccessWide Doors Stories One Tenant1 Lease Terms 5 With Additional 5 Year Option Tenant1 Name Papa John Pizza Tenant1 Rent 2950.00

    Property Features

    Existing Lease Terms Renewal Option Income Source Provided By Owner Landlord Pays InsuranceTaxes Listing Detail None Location Business DistrictDowntownFree St BldgProfess CenterStrip Retail Possession Close Of Escrow Property Use Restaurant Reports Available None Sewer Public Sewer Site Improvements Curbs/GutterPaved StreetsSidewalksStreet Lights Sub Type Retail-Commercial Tenant Pays Cable TvElectricityGardnerGasTrash CollectionWater Terms CashExchangeNew Loan Under Construction No Water Public Zone Description Commercial

    Listing provided courtesy of Steve Gonzales of Champion Real Estate.



    © 2018 North Santa Barbara County MLS. All rights reserved. Based on information from the Santa Maria Association of REALTORS® (alternatively, from the Central Coast Regional MLS) as of 2018-10-21T07:29:36.1. All data, including measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams.

     
    Keller Williams
    1435 Anacapa St.
    Santa Barbara CA, 93101