$799,000
Lompoc, CA 93436
Santa Barbara
County
Retail
Property Type
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.
$4,253/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
Last updated: October 21, 2026 at 4:45 PMThe multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. 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. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
