$3,400,000
$3,375,000
0.7%For more information regarding the value of a property, please contact us for a free consultation.
1,500 SqFt
SOLD DATE : 08/01/2024
Key Details
Sold Price $3,400,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $2,266
MLS Listing ID PI23102049
Sold Date 08/01/24
HOA Y/N No
Year Built 1964
Lot Size 0.540 Acres
Acres 0.54
Property Description
Tremendous opportunity to purchase a turn-key thriving Gas Station/Mechanical Repair Shop/U-Haul/Propane Sales business. Current owner has operated for 34 years and is retiring. Located in the heart of Lompoc, on H Street (Pacific Coast Highway) which is the city's busiest thoroughfare. There is great opportunity to supersize this location by adding a carwash, fast food or commercial strip. Maximize this already thriving business by expanding the snack shop into a convenience store, adding lottery and beer and wine sales to increase revenues. Strong cap rate, call for details on financials.
Location
State CA
County Santa Barbara
Area Lomp - Lompoc
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Heating None
Cooling None
Fireplace No
Laundry None
Exterior
Present Use See Remarks
Building
Lot Description 0-1 Unit/Acre, Corner Lot, Rectangular Lot
Story 1
Water Public
Others
Tax ID 089011025
Security Features Security System,24 Hour Security
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Michael Puhek • RE/MAX Success
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "