$1,100,000
$1,400,000
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1501 E Laurel AVE Lompoc, CA 93436
0.72 Acres Lot
Key Details
Sold Price $1,100,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR23125546
Sold Date 07/11/24
HOA Y/N No
Lot Size 0.720 Acres
Property Description
8,000 sq. ft industrial warehouse on a 31,363 sq. ft lot zoned for all cannabis business uses (manufacturing, cultivation, distribution, testing, retail with CUP) and might be divided for two tenants 4,000 sq. ft each.
The warehouse of the facility has a 16’ clear ceiling height, two 16' roll up loading doors and an electrical capacity of 1,000 amps with three phase power. The City of Lompoc has issued three progressive ordinances with very attractive tax rates for all commercial cannabis activities: cultivation 1%, testing 0%, distribution and manufacturing are 15k for $2 million or 30k for over 2 million flat tax. (Tenant verifies all with the City of Lompoc). Lease NNN is possible as well.
Location
State CA
County Santa Barbara
Area Lomp - Lompoc
Interior
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Building
Lot Description Corner Lot
Story 1
Water Public
Others
Tax ID 099500004
Financing Cash
Special Listing Condition Standard
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Bought with Denis Denisov • General Realty Group,Inc.