Fillmore Freestanding Office
606 Sespe Avenue Fillmore, CA 93015
606 Sespe Avenue, Fillmore, CA, 93015
$870,000
For Sale
$870,000
Two-story office building in downtown Fillmore with high visibility.
Property Size6,030 SF
Lot Size0.41 Acres
Price / SF$144.28
Days on Market498
Property Features for 606 Sespe Avenue
General Information
- Standard status
- Active
- Size
- 6,030 SF
- Lot size
- 0.41 Acres
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1983
Listing Agency
Century 21 Masters
(805) 256-5088
Listed by
Cynthia Aguilar · License #01839891
(805) 256-5088
Source
Compass
Added: Mar 5, 2025 Checked: Jul 15 at 10:40 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Masters
Investment Insights
Based on property information with market context.
This two-story freestanding office building in Fillmore offers an investment opportunity. The building, with 6,030 square feet of space, is situated on a 17,859 square foot lot. The property includes a total of 9 units, with 5 units on the lower level and 4 units on the upper floor. The lobby features high ceilings, tile flooring, and neutral colors. A parking lot provides convenience for clients, tenants, and vendors. Located one block from the town center, the property benefits from downtown foot traffic and visibility. Occupants have proximity to the Fillmore Historical Museum, local shops, restaurants, parks, Fillmore City Hall, and entertainment destinations.
Key Highlights
- Freestanding 6,030 sq. ft. office building on a large 17,859 sq. ft. lot.
- Prime location one block from Fillmore town center with high visibility and foot traffic.
- Includes 9 units (5 on the lower level, 4 on the upper level).
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $130.2k | $21.60 |
| − Vacancy | −$9.1k | −$1.51 |
| EGI | $121.1k | $20.09 |
| − OpEx | −$45.4k | −$7.53 |
| NOI | $75.7k | $12.56 |
6,030 SF · lease $21.60/SF/yr · vacancy 7.00% · expense 37.50%
Alternative Uses
Best Use
Office B
$1.52M
$1.33M – $1.78M
NOI $106,738 @ 7.0% cap · market cap 12.27%
Second Best
Mixed Use
$1.08M
$946.3K – $1.26M
NOI $75,707 @ 7.0% cap · market cap 8.70%
Theoretical Best
Office A
$2.07M
$1.81M – $2.42M
NOI $144,905 @ 7.0% cap · market cap 16.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Aguirre Financial & Insurance ...
Insurance Agency
A G Organic Inc
Big Box & Wholesale Store
Aguirre & Galindo Insurance ...
Insurance Agency
HANDS-ON Consultations LLC
IT Consulting Firm
Michael Blatt Inc
Advertising Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Two-story office building in downtown Fillmore with high visibility.
Where is this mixed-use property located?
The property is located at 606 Sespe Avenue Fillmore, CA.
What is the asking price?
The asking price for this property is $870,000.
What are key features of this property?
This property features: Freestanding 6,030 sq. ft. office building on a large 17,859 sq. ft. lot.; **Prime location one block from Fillmore town center with high visibility and foot traffic.**; Includes 9 units (5 on the lower level, 4 on the upper level).
