419 E Main St 17,406 SF 69% Leased Retail Building Ventura, CA 93001 $5,500,000 ($315.98/SF)

INVESTMENT HIGHLIGHTS

  • GiddyUp at 20 N. Oak St is approx. 6,831 sf
  • The Six at 419 E Main St., Ste B&C is approx. 5,323 sf.
  • Rice By Mama at 419 E Main St., Ste A is approx. 2,095 sf

EXECUTIVE SUMMARY

An exciting asset acquisition on Downtown Main Street, Ventura, California, located at 419 E. Main Street and 20 N. Oak Street. The Courtyard is a multi-tenant commercial building consisting of approx. 17,406 sf on an approx. 14,200 sf lot. Located in the heart of Downtown on one of the best blocks with a southern facing exposure. One of the few original buildings with extensive earthquake retrofitting and fire suppressant system improvements. The 3 present tenants consist of a forward-thinking marking firm with the coolest hippest vibe office build-out in Ventura, and two fully built-out restaurants (GiddyUp, Rice By Mama and The Six Chow House space). Click on the below photos link! Purchase Price $5,500,000.00 or Approx. $331.00 psf. Buyer to perform their own financial due-diligence. Email Steven@Realinvestments.com for the NDA to access financials.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
17,406 SF
Building Class
B
Year Built
1920
Price
$5,500,000
Price Per SF
$315.98
Percent Leased
69%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.21
Lot Size
0.33 AC
Zoning
DC
Frontage
71’ on E. Main St.

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • BC
  • 5,449 SF
  • Retail
  • -
  • Now

An exciting opportunity to secure a presence in Downtown main Street Ventura! Vacant an Unoccupied Restaurant Space with a commercial kitchen, walk-in keg cooler and ample dinning space! Located 419 E. Main Street, Suites B and C in the heart of Downtown Main Street in Ventura, California. The Courtyard is a multi-tenant commercial building consisting of a Rice By Mama and GiddyUp. The restaurant space is within the best block with a southern facing exposure. One of the few original buildings with extensive earthquake retrofitting and fire suppressant system improvements. The restaurant space is approx. 5,449 sf at $2.39 psf month Base and $0.55 psf month cam. Contact us now to discuss further and arrange walk-through. Steven@Realinvestments.com and Michael@Realinvestments.com

Space Size Space Use Position Available
BC 5,449 SF Retail - Now

BC

Size
5,449 SF
Space Use
Retail
Position
-
Available
Now
Walk Score®
Walker's Paradise (96)
Bike Score®
Very Bikeable (70)

NEARBY MAJOR RETAILERS

Bank of the Sierra
The Habit Burger Grill
Burgerim
Rent-A-Center
Revolution
Starbucks
Vons
Banc of California

PROPERTY TAXES

  • Listing ID: 31557581

  • Date on Market: 4/19/2024

  • Last Updated:

  • Address: 419 E Main St, Ventura, CA 93001