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Medical Office in Historic Home

133 N G Street Lompoc, CA 93436

New
133 N G Street, Lompoc, CA, 93436
$659,000
For Sale
$659,000

Historic medical office with treatment rooms, reception area, central heat and AC, and fenced RV parking with alley access.

Property Size1,669 SF
Price / SF$394.85
Days on Market2

Property Features for 133 N G Street

General Information

Standard status
Active
Size
1,669 SF
Property subtype
Commercial/Industrial

Building Details

Year Built
1930
Listing agency Century 21 Masters
Listed by Billie Jean Chadwick · License #01183387
Source Exitrealty
Added: Jul 20 Updated: Jul 21 at 11:52AM Checked: Jul 21 at 11:52AM

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 Century 21 Masters


Investment Insights

Based on property information with market context.

This historic home operates as a medical office and is supported by a layout that includes three treatment rooms and a large therapy room. There is also a washer and dryer off one of the treatment rooms, two bathrooms (one with a tub and one with a shower), plus a reception and waiting room. The space includes a large office currently used by the doctor, along with a convenience kitchen setup with storage cabinets. Upstairs features three separate rooms and storage closets with wood floors and wood-lined interior walls and ceiling, noted as not part of the main square footage.

The property has been maintained and improved over the years, including dual-pane windows, a central heat and AC unit, electrical system upgrades, fresh paint, a newer water heater, and a sewer line replacement in 2004 with two clean outs added. Parking is available in front and off street with a ramp to the front door, and the back includes a fenced RV parking space with hook-ups, served by a 16’ sliding gate with alley access.

Outside, there is a large paved area with stamped concrete and slate suitable for gatherings or events, along with a raised deck and a shade tree. The building is currently an operating business, and showings are by appointment only during non-business hours.

Key Highlights

  • 1930 historical home; historical records indicate it may have been built as early as 1910
  • Medical office layout with 3 treatment rooms plus a large therapy room, reception and waiting area
  • Central heat and AC; dual pane windows; upgrades to the electrical system; newer water heater

Local Financial Insights For Office B

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 $44.1k $26.40
− Vacancy −$4.4k −$2.61
EGI $39.7k $23.79
− OpEx −$9.9k −$5.95
NOI $29.8k $17.84
1,669 SF · lease $26.40/SF/yr · vacancy 9.90% · expense 25.00%

Alternative Uses

Best Use
Office B
$425.4K
$372.2K – $496.3K (±1% cap)
NOI $29,775 @ 7.0% cap · market cap 4.52%
Second Best
Healthcare Medical
$355.5K
$311.0K – $414.7K (±1% cap)
NOI $24,882 @ 7.0% cap · market cap 3.78%
Theoretical Best
Multifamily LT 5
$523.8K
$458.4K – $611.1K (±1% cap)
NOI $36,668 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Eugene R. Pritchett, ... Alternative Medicine Practice Chiropractic Health Center Alternative Medicine Practice

Suggested Use

Real Estate Agency Parking Lot & Garage Carpet & Flooring Store HVAC Service (Bike/Boat/Book/etc) Store Cosmetic Store Tech Support Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

Similar Off Market Nearby

  • Petco Vaccination Clinic — 717 N H St, Lompoc, CA 93436
  • Vetco — 717 N H St, Lompoc, CA 93436

FAQs

What type of property is this?
Medical Office Space - Historic medical office with treatment rooms, reception area, central heat and AC, and fenced RV parking with alley access.
Where is this medical office space located?
The property is located at 133 N G Street Lompoc, CA.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: 1930 historical home; historical records indicate it may have been built as early as 1910; Medical office layout with 3 treatment rooms plus a large therapy room, reception and waiting area; Central heat and AC; dual pane windows; upgrades to the electrical system; newer water heater
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