Property Details
Property Details
Property Details
117 I, Lompoc, CA 93436
$339,000 LOGIN TO SAVE
117 I, Lompoc, CA 93436
Bedrooms:
Bathrooms:
Area: SqFt.
Description
Prime 0.40-Acre Empty land Development Opportunity in Historic Old Town Lompoc at I Street Includes Two Parcels. Discover a rare investment opportunity in the heart of Old Town Lompoc, Santa Barbara County. This flat, build-ready 0.40-acre land consists of two adjoining parcels (APNs 091-103-021 & 091-103-022) and offers exceptional development potential in a rapidly revitalizing area. Preliminary evaluation indicates the site could accommodate some commercial space and approximately 48 residential units, including 7 affordable units for low-income housing when considering AB 2001 Bill as well as density bonus incentives. No parking is required under these provisions, making this a highly versatile opportunity for developers looking to bring new residential and retail vitality to the downtown corridor. All information should be confirmed with the City of Lompoc and independently verified by the buyer. This land also carries rich historic significance. In 1875, it was home to the iconic Sherman Hotel, later known as the Colonial Inn, built by Lompocs first postmaster. Over the years, it held several namesincluding the Veit House, Cousins Hotel, and Mastro's Colony Housebefore its demolition in 1989. Today, the site stands ready for a new chapter, offering a unique opportunity to revitalize a meaningful piece of Lompocs past. With its central location, flat topography, and flexible development possibilities, this property is ideal for a thoughtfully designed residential or mixed-use project. Bring your vision to a site where history, community, and opportunity come together.
Features
Listing provided courtesy of Steven Sarahang of Flat Fee Inc.. Last updated . Listing information © 2025 Sandicor.
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Under the Compass brand, Ramon and his team take great pride in having the ability to utilize today's cutting edge technology, marketing resources, and local and global connections to perfectly unite extraordinary places with the extraordinary buyers who will cherish them as we do.
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12275 El Camino Real, Suite 100
San Diego, CA 92130
858.345.4514
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La Jolla, CA, 92037
858.277.3325
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655 W Broadway
San Diego, CA 92101
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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 Sandicor®, Inc.
Copyright © 2025 Maldonado Team. All Rights Reserved.
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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 Sandicor®, Inc.
Copyright © 2025 Maldonado Team. All Rights Reserved.
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