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Key Details
Sold Price $3,400,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PI23102049
Year Built 1964
Lot Size 0.540 Acres
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
Interior
Heating None
Cooling None
Laundry None
Building
Lot Description 0-1 Unit/Acre, Corner Lot, Rectangular Lot
Story 1
Water Public
Others
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Bought with Michael Puhek • RE/MAX Success
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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