1120 E Ocean Ave - Fast Food FOR SALE


Lompoc, CA 93436- Greater Lompoc
$1,999,950 USD
805-819-7860
1120 E Ocean Ave, Lompoc, CA for Sale
$1,999,950 USD
Fast Food - FOR SALE
1/12
null | Request Cap Rate

1120 E Ocean Ave
Lompoc, CA 93436
Greater Lompoc


HIGHLIGHTS

  • Own a piece of an iconic brand with the Foster Freeze location in Lompoc with the business value included.
  • Sought-after site offering excellent frontage on Cabrillo Highway, which sees more than 15,750 vehicles pass by each day.
  • Unlock access to a strong consumer base with area spending exceeding $552 million within a 5-mile radius.
  • Perched in a retail-dense corridor with several local businesses as well as Starbucks, The Home Depot, and several hotels.

OVERVIEW

Take advantage of this prime opportunity to own a Fosters Freeze location in a well-known, established setting. Located at 1120 E. Ocean Avenue, this site has become an iconic part of the community and a recognizable destination for loyal customers. The restaurant features cozy, retro interiors that reflect the brand’s timeless charm and have remained a staple of its identity. The building has a simple brick facade that offers low maintenance and durability over time. A signature Fosters Freeze sign sits atop the structure, greeting passing vehicles and adding to the site’s nostalgic curb appeal. The property also includes a drive-thru and a monument sign, both of which enhance visibility, increase convenience, and support continued business success. This is a rare chance to acquire a proven location with strong local recognition and built-in value. Fosters Freeze has been a California tradition since the mid 1940's. The Fosters story begins in 1946 when George Foster opened the first Fosters Freeze in Inglewood, California. He introduced the soft serve cone and a line of soft serve desserts. The unique product became so popular that he opened a chain of restaurants. As California grew, so did the Fosters concept. Made-to-order hamburgers, fries and other food items were added to the menu. Now, Fosters Freeze operates 64 locations across the state of California. Lompoc is a serene community along California’s scenic Central Coast. The property is conveniently located near major travel routes, including Highways 1 and 246, offering easy connectivity to Santa Maria and Santa Barbara. This site features excellent frontage and benefits from strong daily traffic counts. Nearby demand drivers include Vandenberg Space Force Base, which brings steady employment and regional activity. The area is also home to a variety of national and local retailers and restaurants, contributing to consistent foot traffic and commercial appeal.

FOR SALE DETAILS

PRICE

$1,999,950 USD

PRICE/SF

$746 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fosters Freeze

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,345 SF

ZONING

-

APN/PARCEL ID

085-191-005,085-191-006

ASK ABOUT THIS PROPERTY

Rosemarie Dumadara KoernerNew America RealtyMore Info
805-819-7860

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Rosemarie Dumadara KoernerNew America RealtyMore Info
805-819-7860

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.