United StatesCaliforniaVentura684 North Ventura Avenue

684 North Ventura Avenue 684 North Ventura Avenue Ventura, California 93001 United States

$1,489,000
 Get directions
 
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...

Western Hotel Brokers, Inc

Listing Courtesy of Western Hotel Brokers, Inc, Email/Phone : 805 452-2880
$1,489,000
Change Currency
445 m²
Exterior
Commercial
Property type
1925
Year Built
SC24193355
Web Id
SC24193355
MLS ID
Ventura Unified
School District
222
days ago

About 684 North Ventura Avenue

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.

Listing Courtesy of Western Hotel Brokers, Inc, Email/Phone : 805 452-2880

PROPERTY INFORMATION

Water
Public

EXTERIOR

Lot Description
CornerLot, Paved, StreetLevel

ADDITIONAL INFORMATION

Number of Units
4
Listing Courtesy of Western Hotel Brokers, Inc, Email/Phone : 805 452-2880

Western Hotel Brokers, Inc

Listing Courtesy of Western Hotel Brokers, Inc, Email/Phone : 805 452-2880
Contact Agent