1120 E Ocean Ave , Lompoc, CA 93436
$1,899,950
Est. Payment: $10,363.65/mo
2681 Sqft
0.15 Acres
Status: Active | Days on site: 74
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PI7107 - pi01357107
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House Description

Exceptional commercial real estate opportunity at 1120 E. Ocean Avenue in Lompoc, currently operating as the well-known Foster's Freeze. This recognizable restaurant location offers excellent visibility along one of Lompoc's primary commercial corridors, with convenient access for local residents, commuters, and visitors. The property's established identity and prominent street presence make it an attractive opportunity for an owner-user, restaurant operator, investor, or entrepreneur seeking a highly visible location in the heart of Lompoc. The existing restaurant use provides a strong foundation for continued food-service operations or a future commercial concept, subject to applicable approvals. Ideally positioned near residential neighborhoods, businesses, shopping, schools, and other community destinations. Opportunities to acquire recognizable commercial properties in established locations are limited. Buyer to independently verify all property information, zoning, permitted uses, square footage, licensing requirements, and development possibilities. Call now for more details!

Highlights

Listed by Rosemarie Dumadara Koerner , 805-352-9100 New America Realty , 805-352-9100. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.15

Year Built

1985

County

Santa Barbara

Area

LOMP - Lompoc

Listing ID

PI26152382

Questions about this listing?

Contact Agent

Interior Features

Water:Public

Exterior Features

Lot:0-1 Unit/Acre,No Land Lease
Garage Capacity:14
Principal Interest
$10,364
Taxes
$1,211

Home Price

$1,899,950

Loan Details

30 yrs
7.245%

Down Payment

20%
$379,990
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,363.65

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,363.65 $1,211.22 $0.00 $11,574.87
Yearly $124,363.83 $14,534.62 $0.00 $138,898.45
Total $3,730,914.84 $436,038.53 $0.00 $4,166,953.37

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Lompoc, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-04T21:12:45.000Z

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