419 Main Street, Ventura, CA 93001
  • MLS#: V1-32639 ( Retail )
  • Street Address: 419 Main Street
  • Viewed: 8
  • Price: $5,450,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1920
  • Bldg sqft: 0
  • Days On Market: 25
  • Additional Information
  • County: VENTURA
  • City: Ventura
  • Zipcode: 93001
  • Provided by: Real Investments
  • Contact: Michael Michael
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Unlock the Future of Downtown Ventura Invest in 419 E. Main Street & 20 N. Oak Street! Real Investments is presenting an exceptional opportunity not just a commercial building, but a cornerstone of the new Downtown Ventura. Welcome to 419 E. Main Street and 20 N. Oak Street, a prime multi tenant property located right in the heart of one of Southern California's most charming and rapidly evolving coastal cities. This is more than real estate it's a front row seat to transformation and long term value.Here's why this property stands out: Strategic Location within one of Downtown Ventura's most desirable blocks, this approx. 15,847 SF building sits on a 14,200 SF lot with valuable southern exposure with consistent foot traffic and visibility. You're investing in a high demand, high potential area the kind of location that rarely becomes available.Income + Flexibility, Unit A: Anchored by Rice by Mama, a well established and beloved Thai restaurant offering stable income from Day 1. Unit B & C: A vacant, fully equipped restaurant and bar plug and play ready for a savvy operator or tenant, spanning nearly 6,000 SF. Unit D: A stunning state of the art office workspace, nearly 6,900 SF, ideal for a creative agency, tech firm, or co working space. Whether you're an investor seeking upside or an owner user looking to plant roots, this property offers unmatched flexibility and potential. Timeless Architecture with Modern UpgradesOne of the few original buildings downtown that's been extensively retrofitted for earthquakes and includes a modern fire suppressant system an enormous value when you consider the cost and difficulty of bringing vintage buildings up to code. Built in Equity and Bargain Pricing in today's market, the land value alone, combined with the cost of new construction, far exceeds the current asking price. You're not just buying square footage you're buying instant equity and future appreciation. A City on the RiseThe City of Ventura has recently voted to transform Downtown Main Street into a vibrant, pedestrian focused promenade, built around community events, seasonal attractions, and business engagement. Think of what happened in places like the San Diego Gaslamp District, Pasadena, or San Luis Obispo. That same wave is now hitting Ventura and this building is right in the epicenter of it. The Bottom Line: This is a rare, high potential investment in a charming coastal thriving community.
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Features
Building Area Total
  1. 15847.00
Commoninterest
  1. None
Cooling
  1. Central Air
Country
  1. US
Current Use Comments
  1. Restaurant and Creative Office
Exclusions
  1. Existing Tenants personal and business equipment
  2. supplies
  3. etc..
Fencing
  1. None
Heating
  1. Central
Inclusions
  1. All built-ins and commercial kitchen equipment and appliances within 419 E Main. All built-ins for 20 N Oak. For Rice by Mama
  2. TBD during walk-through with the Tenant and Seller.
Laundry Features
  1. None
Parcel Number
  1. 0730034120
Postalcodeplus4
  1. 5650
Property Type
  1. Retail
Virtual Tour Url
  1. https://listing.upmarket.media/sites/dwoogbr/unbranded
Water Source
  1. Public
Year Built
  1. 1920
Year Built Source
  1. Assessor