205 W Central
Lompoc, CA, 93436 $ 799,000
Bedrooms-- Baths-- Sq 3,000 Monthly Estimate*
$ 5,045
for $799,000. This 3,000 square foot building was built on a lot size of 0.0689.
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.
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FeaturesGeneralHeating Central
Cooling None
Utilities Electricity Connected Sewer Connected Water Connected
Roof Metal
Security Features Fire Sprinkler System
Construction Materials Stucco Steel
Property Subtype Retail
Current Use See Remarks
County Santa Barbara
Property Type Commercial Sale
Special Listing Conditions Trust
Status Active
Directions Get on US-101 S from E Branch St and E Grand Ave Follow US-101 S State Rte 135 S and CA-1 S to W Central Ave in Lompoc Continue on W Central Ave to your destination
City Lompoc
Open Parking Spaces 53
MLS Area LOMP - Lompoc
Lot Size Units Square Feet
Lot Size Square Feet 3000
Listing Terms Cash Cash to Existing Loan Cash to New Loan Conventional
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Retail
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InteriorTotal Stories 1
Air Conditioning Y/N false
Heating Y/N true
Laundry Features None
Entry Level 1
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ExteriorFencing None
Lot Features Paved
Water Source Public
Total Parking 53
Lot Size Area 3000
Park Name POA
Building Area Total 3000
Lot Size Acres 0.0689
Lot Size Source Other
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $5,045
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Lompoc, CA
Average List Price $1,085,244
Percent of Sale Price 36%
About Lompoc, CA 44,365 Population
7% Since 2002
$ 48,683 Median Income
35.76 Median Age
36% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/26/2026 | $799,000 | | Listed Price |