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.
  • SELLER'S LENDER IS WILLING TO LEND TO A QUALIFIED BUYER
  • Very walkable, Less than a mile from the beach.
  • popular area for dining and shopping, and popular Sunday farmer's market.

OVERVIEW

MAJOR PRICE IMPROVEMENT- signalized location with heavy traffic count. WALK TO THE BEACH-FULLY occupied. There are total of 6 tenant and 1 billboard .......2 residential units in the back building.... 2 retail on the first flor and 2 businesses on the second floor, in the front building All on leases with extensions in place. Older but solid building with zero to minimal management requirement. 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. All relevant documents will be provided to the buyer only after an offer is excepted. Special, financing offered, through the current lender 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' Long time, and stablished tenants. Someone representing the owner will be available once a completed, and verified agent info is presented, and viable offer is submitted. Agents please refrain from speaking to anyone in any space. Thank you. Showings are only with accepted offer. 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

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

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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.