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3/29/18
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A two-story, 56.6k sf multi-functional industrial building in Lompoc has sold for $3.1 mil, or $55/sf. The property is located at 1641 West Central Ave in Lompoc, in an area designated for permitted commercial cannabis activity. The property is roughly 55 miles northwest of Santa Barbara.
The building’s ground floor features a corporate training center with a 300-seat auditorium, large banquet hall, kitchen and offices. The back of the building has 30k sf of manufacturing and distribution space with three loading docks, six roll-up doors and 100 spaces available for parking.
Paul Davies with the Santa Barbara office of Lee & Associates represented the buyer in the transaction.
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