$695,000
1967 E Main Street
Ventura, CA, 93001
Single Tenant leased investment to excellent Vietnamese restaurant with over 6 1/2 years remaining on the lease and annual CPI rent increases. Mai’s Vietnamese restaurant has operated successfully in this location for 13 years with excellent quality, good sized portions, and modest pricing. The building is in excellent condition with a recent $60,000 remodel by Tenant demonstrating their commitment to the location. Extremely low risk investment as tenant’s rent is significantly below market. Good mid-town Ventura location near Ventura High School and 2 large, brand new, mixed-use projects. A true legacy asset as the property has been owned by the same family since the 1940’s!
Property Details
Price:
$695,000 / $600,000
MLS #:
V1-16044
Status:
Closed ((Jun 16, 2023))
Baths:
0
Address:
1967 E Main Street
Type:
Commercial
Subtype:
Retail
City:
Ventura
Listed Date:
Dec 13, 2022
State:
CA
ZIP:
93001
Year Built:
1946
Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
None
Exterior
Fencing
None
Roof
Composition
Stories Total
1
Water Source
Public
Financial
Utilities
Electricity Connected, Water Connected, Sewer Connected, Phone Connected, Natural Gas Connected
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
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Courtesy of Berkshire Hathaway Home Services. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than James Outland include the name of the listing broker. Neither the listing company nor James Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 1967 E Main Street
Ventura, CA
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