Lompoc, CA 93436,117 S I Street
Listed by Kyle Jones • Archer Wilkinson, Inc.
Bought with Datashare CR Don't Delete Default Agent • Datashare CR Default Office Don't Delete

$215,000

Est. payment /mo

$285,000

24.6%
Est.Price: ?

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117 S I Street Lompoc, CA 93436

17,424 SqFt

SOLD DATE : 02/08/2022

Key Details

Sold Price $215,000

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Sold

Purchase Type For Sale

Square Footage 17,424 sqft

Price per Sqft $12

MLS Listing ID CRSC21240880

Lot Size 0.400 Acres

Property Sub-Type Comm Ind For Sale

Property Description

This is a rare chance to own 2 empty lots within Lompoc’s Old Town Commercial Zone. Both lots are being sold together and are located smack dab in the center of the beautiful downtown community. We believe the highest and best use for these lots is to be used as Multifamily with some affordable housing. There are many factors that would benefit the owner of these lots for this use type. There is a maximum density of 17 residential units and with the inclusion of affordable housing there are density bonuses of up to a 35% increase or 23 units total. Additionally, off-street parking requirements are excluded if the development is permitted by December 2022.

Location

State CA

County Santa Barbara

Building

Water Public

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Bay East Association of Realtors
Donny Piwowarski

Donny Piwowarski

Broker | License ID: 01444374

+1(844) 437-4969

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