684 Ventura, Ventura CA 93001 | $1,489,000
Listing provided courtesy of Eric Gignoux of Western Hotel Brokers, Inc. Last updated 2024-11-18 10:23:51.000000. Listing information © 2024 SANDICOR.
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.
More Details
1 Story
Business Type: Retail
Business Type: Stand-Alone
Asset Class: Retail
Electricity Connected
Water Connected
