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Prime Investment Opportunity – 205 W. Central Ave, Lompoc CA Now offered as a fully leased, income-producing commercial condominium on one of Lompoc's busiest commercial corridors. This approximately 3,000 sq ft unit (per City of Lompoc parcel map) features a new lease beginning August 1, 2026 through July 2029 providing immediate, stable rental income from an established and successful Jiu Jitsu Studio. An added bonus is the approximately 1,000 sq ft mezzanine featuring four large windows that fill the space with abundant natural light. The mezzanine has been sealed off and is not included in the current lease, presenting potential future value or additional leasing opportunities, subject to the terms of the lease and any required approvals. The building features dramatic high ceilings and a modern industrial-style exposed ductwork. Broad Zoning – Exceptional Flexibility Permitted uses include: schools, live/work, residential care, cannabis dispensary/lab, retail, restaurants, medical offices, research labs, veterinary clinic, vehicle repair, and more — offering income potential, repositioning, or long-term occupancy (Buyer to verify with City of Lompoc). For more information on allowable uses please see attached PDFs in supplements, or click on City of Lompoc zoning map: https://gis.ci.lompoc.ca.us/portal/apps/experiencebuilder/experience/?id=1b3862db34b04cacae0e63641ae448d0#data_s=id%3AdataSource_1-187ddafad3a-layer-16%3A10775. Situated along West Central Ave, one of Lompoc's primary thoroughfares, the property enjoys excellent visibility and accessibility in an established commercial area. Lompoc continues to experience growth driven by it proximity to Vandenberg Space Force Base, the Central Coast wine region, and Santa Barbara, while downtown revitalization has brought investment potential. This is an opportunity to acquire a quality commercial investment with immediate income, a newly executed long-term lease, and future upside through the unleased mezzanine area and flexible zoning. All information is deemed reliable but not guaranteed. Buyers and Buyer's agents to independently verify all information with City of Lompoc and appropriate professionals.

Highlights

  • Commercial Sale
  • Retail
  • 0.0689 Acre Lot
  • 253 days on Market

  • Stories
    1.0
  • Construction Materials
    Stucco, Steel
  • Security Features
    Fire Sprinkler System
  • Cooling
    None
  • Heating
    Central

  • Acres
    0.0689
  • Lot Features
    Paved
  • Utilities
    Electricity Connected, Sewer Connected, Water Connected
  • Water
    Public

  • Area
    LOMP - Lompoc
  • County
    Santa Barbara
  • City
    Lompoc
  • Zip Code
    93436

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Frequently Asked Questions

How do I schedule a tour of 205 W Central?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 205 W Central.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 205 W Central?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $799,000. We can talk through recent upgrades, potential seller motivation, how this retail compares to others in Lompoc, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 205 W Central?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 205 W Central at around $4,332. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 205 W Central?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Santa Barbara County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 205 W Central?

In most cases, yes. Whether 205 W Central is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Lompoc's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 205 W Central?

We can handle that for you. Our preferred local agent specializes in commercial sales in Lompoc and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $799,000 with 3,000 sqft of space—that comes out to approximately $266 per square foot.

How long has this property been on the market?

205 W Central was listed on February 26, 2026, which means it's been on the market for 253 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

205 W Central sits on a 0.07-acre lot, which is 3,049 square feet.

Is 205 W Central still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information from California Regional Multiple Listing Service as of November 06, 2026 at 09:57PM All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: November 06, 2026 at 09:57PM | Source: California Regional Multiple Listing Service | MLS#: PI26041934