2016-2020 E Main St - Storefront Retail/Office FOR SALE


Ventura, CA 93001
$1,295,000 USD
818-618-4407
2016-2020 E Main St, Ventura, CA for Sale
$1,295,000 USD
Storefront Retail/Office - FOR SALE
1/62
null | 7.51% Cap Rate

2016-2020 E Main St
Ventura, CA 93001


HIGHLIGHTS

  • Always occupied, on a main street. A signalized location. Very walkable, Less than a mile from the beach.
  • SELLER'S LENDER IS WILLING TO LEND TO A QUALIFIED BUYER

OVERVIEW

MAJOR PRICE IMPROVEMENT- WALK TO THE BEACH-Full occupancy...Fast developing stretch of the E. Main-mid town Ventura. East Main street has a walk Score of 90 out of 100. This location is a Walkers Paradise so daily errands do not require a car. SELLER'S LENDER IS WILLING TO LEND TO A QUALIFIED BUYER. This gem is near parks including Ocean Avenue Park,San Buenaventura State Beach and Plaza Park. Bike score for this location is 78 out of 100-biking is convenient for most trips. Transit score is 30 A few nearby public transportation options available. Commuting to Downtown Ventura by car, 5 min. By bus 10 min. by bicycle 9 min. and by foot 30 min. All thriving businesses on the property. Hard to keep vacant. The asset has 6 rental units in two separate buildings. Front building has 2 store fronts retails on Main St, and two offices upstairs. The back building has 2 apartments 2+1 each. Buyer to do their own independent study as to lot size building size, Property lines, number of bedrooms, baths or the rental units, and satisfy self. Asset is a 'cash cow' The tenant turnover, is almost zero. Long time, and established tenants. The ownership would appreciate if you stay with clients throughout the visit and respect the businesses in regards to their hours. We need to coordinate with ALL tenants to make sure, that your visit with your buyer goes as smooth as possible. Asset is a 'cash cow' The tenant turnover, is almost zero. Long time, and stablished tenants. Someone representing the owner will be available once a completed, and verified agent info is presented, we will be unable to show. Agents please refrain from speaking to anyone in any space. Thank you. No parking on the land. However, the Chiropractor next door has agreed verbally to allow tenants to park after, and before business hours. Please, qualify the buyers and make sure that property insurance is available for them. The parking privilege's are not in writing, and could be taken away by the chiropractor at any time. The new agreement shall be put in place to continue the right to park at the hours mentioned by tenants only. FOR QUICKER RESPONSE, PLEASE TEXT ME AT (818)618-4407

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$309 USD /SF

CAP RATE

7.51%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Office/Residential, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

C1

APN/PARCEL ID

073-0-203-020

ASK ABOUT THIS PROPERTY

Vahe' DilanianKeller Williams Realty Los FelizMore Info
818-618-4407

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

Vahe' DilanianKeller Williams Realty Los FelizMore Info
818-618-4407

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