List Price: $675K

Listing Status: Active

Days on Market: 0

0 Bedrooms · 0 Bathrooms

Property Type: CommercialSale

Lot Size: 3,485 sq ft

MLS Number: PI26127857

About This Property

Positioned in the heart of Old Town Lompoc, 117 S H Street presents a rare opportunity to acquire a highly visible mixed-use retail property with adjoining lots offering future development and expansion potential. The property consists of two approximately 1,440 SF retail suites totaling 2,880 SF situated adjacent to multiple lots, creating a unique owner-user, investment, or redevelopment opportunity in one of Lompoc’s most recognizable downtown corridors. The building is currently configured with two distinct retail spaces. One suite operates as a wine bar/lounge with inviting indoor seating and direct connectivity to the adjacent outdoor lot area, creating an ideal environment for live music, events, food service expansion, beer garden use, or outdoor entertainment. The second suite is improved as a salon space with upgraded flooring, wash stations, reception area, and open retail layout suitable for salon, wellness, office, boutique retail, or service-oriented uses. The attached lots significantly enhance the long-term value and flexibility of the asset. The outdoor area offers immediate usability for events, outdoor seating, entertainment space, food truck activation, pop-up retail, or future ground-up development, subject to City approval. The site benefits from strong street frontage, pedestrian visibility, nearby public parking, and proximity to other downtown retailers, restaurants, tasting rooms, and civic uses. The property also benefits from a private rear parking lot, a valuable amenity in the downtown corridor that provides convenient off-street parking for tenants, customers, employees, or future expanded uses. Surrounded by colorful murals, local businesses, and ongoing downtown revitalization efforts, the property captures the character and walkability that continue to drive interest in Old Town Lompoc. Nearby national and regional tenants include Walmart Neighborhood Market, Dollar Tree, Taco Bell, and numerous commercial and industrial employers supporting the local economy. Positioned within one of Lompoc’s primary commercial corridors, 117 S H Street gives investors, owner-users, and developers the opportunity to control a highly flexible downtown asset with both existing income potential and future upside through activation of the adjoining land parcels. Properties with existing improvements combined with excess land in downtown Lompoc rarely come available, particularly with the visibility, character, and flexibility.