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Renovated Commercial Building For Sale

129-131 S H St Lompoc, CA 93436

129-131 S H St, Lompoc, CA, 93436
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Freestanding, renovated commercial building with cold storage and roll-up door.

Property Size5,062 SF
Price / SF$217.31
AddedApr 27
Days on Market79
Last RefreshMay 8 at 3:40 am

Property Features for 129-131 S H St

General Information

Standard status
Active
Size
5,062 SF
Property subtype
INDUSTRIAL

Properties For Sale

at 129-131 S H St Contact us

Listing office Hayes Commercial Group

Listing date Apr 27, 2026

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Hayes Commercial Group


Investment Insights

Based on property information with market context.

This freestanding commercial building, renovated in 2023, offers a versatile space suitable for various business operations. The property features a combination of industrial and retail characteristics. The rear of the building provides 16 to 20 feet of clear height, while the front retail area has ceiling heights ranging from 10 to 14 feet. It includes cold storage with a refrigeration unit and racking areas. A grade-level roll-up door is located at the rear of the building. The property is zoned OTC (Old Town Commercial). The building is vacant and move-in ready. The property has a size of 5,062 square feet.

Key Highlights

  • Renovated in 2023 and move‑in ready.
  • Free‑standing building.
  • Cold storage with refrigeration unit and racking areas.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $121.5k $24.00
− Vacancy −$9.1k −$1.80
EGI $112.4k $22.20
− OpEx −$33.7k −$6.66
NOI $78.7k $15.54
5,062 SF · lease $24.00/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.12M
$983.3K – $1.31M (±1% cap)
NOI $78,663 @ 7.0% cap · market cap 7.15%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.59M
$1.39M – $1.85M (±1% cap)
NOI $111,213 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Law Firm Pharmacy Parking Lot & Garage Restaurant Building Supply HVAC Service (Bike/Boat/Book/etc) Store Accounting Firm Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Freestanding, renovated commercial building with cold storage and roll-up door.
Where is this retail space located?
The property is located at 129-131 S H St Lompoc, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Renovated in 2023 and move‑in ready.; Free‑standing building.; Cold storage with refrigeration unit and racking areas.
Contact an agent
(805) 898-4383 Call to check price and availability
More about this property
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