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Mixed-Use Property with Restaurant
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For Sale
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4243 Telegraph Road, Ventura, CA 93003

Property combines restaurant and bar operations with office, wellness, and vacant commercial space.

Property Size13,978 SF
Price / SF$286.16
Days on Market6

Property Features for 4243 Telegraph Road

General Information

Standard status Active
Size 13,978 SF
Property subtype Retail, Office, Mixed Use

Additional Details

Furnished Yes
Business Included Yes

Building Details

Year Built 1960
Year Renovated 2025
Tenancy Multi
Owner Occupied Yes
Listing Agency: Albert Maxwell Goldberg
Listed By: Albert Goldberg · License #01067575
Source: Crexi
Added: Jul 30 Changed: Aug 4 Last Checked: Aug 4 at 6:26AM

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 Albert Maxwell Goldberg

Investment Insights

Based on property information with market context.

This mixed-use property includes the Pizza Station Restaurant & Bar, a vacant unit, small office suites, and the College Chiropractic Center Wellness Center. Furniture associated with the Wellness Center is included. The property was built in 1960 and contains 13,978 in reported property size.

The site is adjacent to Ventura College and positioned across the alley from Foster Freeze. It is also located a few lots from Ashwood and Telegraph, placing the property within an established commercial setting with multiple existing uses on site.

The current configuration provides restaurant, office, wellness, and open commercial components within one property. The Wellness Center serves health professionals, while the office suites are used for rentals.

Key Highlights

  • 13,978 reported property size
  • Pizza Station Restaurant & Bar on site
  • Small office suites and one vacant unit

Financial Insights For Healthcare Medical

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 $469.7k $33.60
− Vacancy −$32.9k −$2.35
EGI $436.8k $31.25
− OpEx −$174.7k −$12.50
NOI $262.1k $18.75
13,978 SF · lease $33.60/SF/yr · vacancy 7.00% · expense 40.00%

Alternative Uses

Best Use
Office B
$7.02M
$6.15M – $8.20M (±1% cap)
NOI $491,734 @ 7.0% cap · market cap 12.29%
Second Best
Healthcare Medical
$3.74M
$3.28M – $4.37M (±1% cap)
NOI $262,071 @ 7.0% cap · market cap 6.55%
Theoretical Best
Office A
$8.44M
$7.38M – $9.85M (±1% cap)
NOI $590,711 @ 7.0% cap · market cap 14.77%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Restaurant Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

638
Businesses Nearby

Demographics for 93003, CA

50,558
Population
20,734
Households
2.4
Avg Household Size
42
Median Age
41%
College-Educated
92%
High-School Grad
20.8 sq mi
ZIP Area
2,431
Density / Sq Mi
$100,300
Median Household Income
$50,185
Median Earnings
$2,173
Median Rent
$781,600
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Property combines restaurant and bar operations with office, wellness, and vacant commercial space.
Where is this mixed-use property located?
The property is located at 4243 Telegraph Road Ventura, CA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 13,978 reported property size; Pizza Station Restaurant & Bar on site; Small office suites and one vacant unit
(310) 721-7653 Call to check price and availability
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