414 North O Street | Lompoc

Status: For Sale
Property Type: Industrial Building with Gated Yard on Half Acre
Price: $850,000
SF: 5,853 SF Building, 18,295 SF (0.42 AC) Land
Price/SF: $145/SF Building, $47/SF Land
Zoning: Industrial, Cannabis

Owner-User or Investment Opportunity

Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire the fee-simple interest in 414 North O Street  (“the Property”), located in the City of Lompoc. The Property is located in Santa Barbara County and benefits from its immediate proximity to the area’s abundant wineries and vineyards. Located just off the main thoroughfare of East Ocean Avenue (CA-246), the Property’s infill location makes it a desirable site for future development.

The Property consists of a 5,853 square foot industrial building on 18,295 square feet of industrial zoned land.  The building features two ground-level loading doors, one dock high position, a small office area with handicap accessibility, covered service area, and two addittional storage sheds. Located within the City’s designated Cannabis zone, 414 N O Street provides a perfect opportunity for cannabis investors to acquire a rarely available industrial propery with the ability to develop  additional building in the future.