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Ventura Industrial Condo For Sale

2889 Bunsen Ave Ventura, CA

2889 Bunsen Ave, Ventura, CA, 00000
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For Sale
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Industrial condo available for sale, close to 101 Freeway.

Property Size1,739 SF
Lot Size1.69 Acres
Price / SF$400.46
AddedNov 23, 2025
Days on Market234
Last RefreshMay 19 at 9:06 pm

Property Features for 2889 Bunsen Ave

General Information

Standard status
Active
Size
1,739 SF
Lot size
1.69 Acres
Property subtype
INDUSTRIAL

Listing office Lee & Associates

Listing date Nov 23, 2025

Source Moodyscre

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 Lee & Associates


Investment Insights

Based on property information with market context.

This industrial condo, with a property size of 1739 square feet, is available for sale. Major building renovations are currently underway. The property is located in close proximity to the 101 Freeway. Short term leases are in place.

Key Highlights

  • Major building renovations underway, enhancing the property's value.
  • Close proximity to 101 Freeway, offering convenient access.
  • Industrial condo for lease & sale, providing flexible options.

Local Financial Insights For Industrial

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 $44.9k $25.80
− Vacancy −$3.4k −$1.96
EGI $41.5k $23.84
− OpEx −$12.4k −$7.15
NOI $29.0k $16.69
1,739 SF · lease $25.80/SF/yr · vacancy 7.58% · expense 30.00%

Alternative Uses

Best Use
Industrial
$414.7K
$362.8K – $483.8K (±1% cap)
NOI $29,026 @ 7.0% cap · market cap 4.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$918.6K – $1.22M (±1% cap)
NOI $73,490 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Industrial properties

Suggested Use

Food Market Barber Shop Grocery & Convenience Store Auto Parts Store (Bike/Boat/Book/etc) Store Storage Facility Locksmith Grocery & Convenience Store Big Box & Wholesale Store Butcher

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Industrial property - Industrial condo available for sale, close to 101 Freeway.
Where is this industrial property located?
The property is located at 2889 Bunsen Ave Ventura, CA.
What is the asking price?
The asking price for this property is $696,400.
What are key features of this property?
This property features: Major building renovations underway, enhancing the property's value.; Close proximity to 101 Freeway, offering convenient access.; Industrial condo for lease & sale, providing flexible options.
Contact an agent
(818) 304-4956 Call to check price and availability
More about this property
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