1501 E Laurel Avenue, Lompoc, CA 93436

About this commercial property

8,000 sq. ft industrial warehouse on a 31,363 sq. ft lot zoned for all cannabis business uses (manufacturing, cultivation, distribution, testing, retail with CUP) and might be divided for two tenants 4,000 sq. ft each. The warehouse of the facility has a 16’ clear ceiling height, two 16' roll up loading doors and an electrical capacity of 1,000 amps with three phase power. The City of Lompoc has issued three progressive ordinances with very attractive tax rates for all commercial cannabis activities: cultivation 1%, testing 0%, distribution and manufacturing are 15k for $2 million or 30k for over 2 million flat tax. (Tenant verifies all with the City of Lompoc). Lease NNN is possible as well.

Listing description from the July 2024 sale, as reported to CRMLS.

Sale history

$1,100,000

Sold July 2024 · listed $1,400,000, orig. $2,500,000, on market July 2023 · MLS #SR23125546 · Source: CRMLS

Listing Agent: Denis Denisov · Listing Office: General Realty Group,Inc. · Contact: 310-795-7177 · Bought with: Denis Denisov · General Realty Group,Inc.

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