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2307 E Main St
Ventura, CA 93003

Retail Property For Sale

Investment Highlights

  • Rare opputunity to own this heavily trafficked property Location on the corner of Main and Seaward
  • Booming Ventura with new construction up and down Main street cooridor
  • This property offers a variety of maritime, Eco tourism , Variety of Restaurant's and Entertainment.
  • Excellent Investment for large franchises as well as established small business owner user
  • Excellent beach town property offering world class tourist destination
  • Excellent central location 5 minute's to Ventura beach and pier, 30 minutes to Santa Barbara, Montecito, Westlake village

Executive Summary

Presenting an exceptional opportunity for retail investors, this 5,106 SF free-standing building, comprising a single unit, boasts a prime location in the heart of Ventura. Built-in 1965 and zoned C1, the property offers versatile potential for retail endeavors. With a strong foundation in the thriving Ventura area , this property presents a investment opportunity. Operated as laundry and cleaners for a few decades. This amazing corner lot with parking in front and back and along two streets. Makes this an amazing Investment opportunity. Also, the city is working on new codes for height and density presently.
The Main and Seaward property offers Investors one of the best and last seaside communities at such low prices. Construction is all around the property. Within 30 minutes you can be in Montecito, Santa Barbara, Westlake Village, and Camarillo. The property enjoys the great walkability of downtown Ventura, with a variety of Restaurants and cuisines. Ventura offers plenty of entertainment for all ages at rooftop restaurants and bars. family time with arcades and plenty of specialty shops and stores. A portion of Main Street is closed to vehicle traffic making it a great day for tourists and families, The world-famous Country " Salon" is located on Main Street.
There is a lot of culture in Ventura from some of the amazing Architecture to the amazing museums and cultural centers to the many Art galleries along on main street. his prime location offers an array of amenities and attractions ideal for professionals and investors. With its proximity to popular destinations such as Ventura Harbor, Ventura Botanical Gardens, and Ventura Pier, the area provides an inviting atmosphere for both visitors and businesses alike. The nearby business community is thriving, with a variety of restaurants, cafes, and retail options, making it an attractive choice for office and office building investors seeking to capitalize on the dynamic Ventura market.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
5,106 SF
Building Class
C
Year Built/Renovated
1965/1990
Price
$1,700,000
Price Per SF
$333
Cap Rate
6.03%
NOI
$102,510
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.57
Lot Size
0.21 AC
Zoning
C1 - Commercial Code : General. Economic council presently a possible updates to height and density
Parking
6 Spaces (1.18 Spaces per 1,000 SF Leased)
Frontage
72 FT on E Main St

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
074-0-141-230
Land Assessment
$263,470
Improvements Assessment
$452,686
Total Assessment
$716,156
  • Listing ID: 31405830

  • Date on Market: 4/3/2024

  • Last Updated:

  • Address: 2307 E Main St, Ventura, CA 93003

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