Ventura, CA 93001,684 N Ventura Avenue
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Ventura, CA 93001,684 N Ventura Avenue
Ventura, CA 93001,684 N Ventura Avenue
Ventura, CA 93001,684 N Ventura Avenue
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$ 1,489,000
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684 N Ventura Avenue Ventura, CA 93001

3,780 SqFt


UPDATED:

09/17/2024 11:24 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 3,780 sqft

Price per Sqft $393

MLS Listing ID CRSC24193355

HOA Y/N No

Year Built 1925

Lot Size 4,791 Sqft

Acres 0.11

Property Description

This unique offering presents a 4-unit, free-standing retail building located in the heart of Ventura. Originally constructed in 1925, the property is zoned C2, providing a range of commercial uses. Situated in a prime location, this building boasts long-term tenants, creating a rare investment opportunity with consistent cash flow. With 100% occupancy, the property has a solid history of tenant retention and lease stability, offering immediate income for potential investors. However, with current rents below market value, there is significant upside potential for investors to capitalize on rent adjustments, aligning the property with current market trends. This property presents an exciting opportunity for investors seeking long-term value appreciation, steady cash flow, and the potential to enhance returns by optimizing rent structures. The location of this property is key and positioned in a growing market, making it an ideal investment for sustained income and value appreciation.

Location

State CA

County Ventura

Area Listing

Interior

Fireplace No

Exterior

Utilities Available Electricity Connected

Building

New Construction No

Others

Tax ID 0710071010


Bridge MLS
Listed by Eric Gignoux • Western Hotel Brokers, Inc

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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684 N Ventura Avenue