3775 Market St, Ventura is a freestanding multi-tenant industrial building with significant tenant improvements supporting water treatment use. The primary tenant (72.7% of the building), Rayne Water, occupies the entire ground floor and yard. The second floor (Unit B) is currently vacant providing upside for an investor or potential to occupy for and owner/user. A rare opportunity to purchase one of the few multi-tenant M1 Industrial Buildings in the City of Ventura with secured yard. Current vacancy rates for the Ventura County industrial market are approximately 2.1% per CoStar, increasing demand for the asset type. 3775 Market Street, Ventura is an approximately 8,427sf industrial building (built 1984) on 26,708sf lot and is located on the corner of Fleet Ave and Market St with close proximity to the 101 Freeway and 126 Highway. There are numerous surrounding amenities including restaurants, retail and financial institutions. The M1 zoning is a flexible industrial zoning allowing for a number of uses not permitted by right in the more restrictive MPD zoning (Buyer to complete their own investigations with the City of Ventura). The property provides an excellent Investor opportunity with a the ability to add-value through the vacant 2nd story offices.