Mixed-Use Property with
For Sale
$4,000,000
4247 Telegraph Road, Ventura, CA 93003
The property combines restaurant and bar space with office suites, a wellness center, and a vacant unit.
Property Size13,978 SF
Price / SF$286.16
Days on Market91
Property Features for 4247 Telegraph Road
General Information
Standard status
Active
Size
13,978 SF
Property subtype
Retail
Additional Details
Furnished
Yes
Business Included
Yes
Tenant in Place
Yes
Medical Specialty
chiropractic
Building Details
Building Size
13,978 SF
Tenancy
Multi
Listing Agency:
Albert Goldberg
Listed By:
Albert Goldberg · License #01067575
(805) 797-3862
Source:
Altera
Added: Jul 30
Changed: Oct 26
Last Checked: Oct 26 at 8:33AM
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 Goldberg
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Investment Insights
Based on property information with market context.
The mixed-use property includes a restaurant and bar, one vacant unit, small office suites, and a wellness center operated as the College Chiropractic Center. Furniture for the wellness center is included. The seller is willing to include the chiropractic business and its client list in a sale to a medical professional.
The property is adjacent to Ventura College and across an alley from Foster Freeze, a few lots from the Ashwood and Telegraph intersection.
The property is adjacent to Ventura College and across an alley from Foster Freeze, a few lots from the Ashwood and Telegraph intersection.
Key Highlights
- Restaurant and bar on site
- One unit is vacant
- Small office suites are rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$247,427
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,948,540
$4.9M
Cap Rate 7%
$3,534,671
$3.5M
Cap Rate 9%
$2,749,189
$2.7M
Market Conditions
NOI Build-Up for 13,978 SF
Gross rent
$369.0K $26.40/SF
− Vacancy
−$39.1K −$2.80/SF
EGI
$329.9K $23.60/SF
− OpEx
−$82.5K −$5.90/SF
NOI
$247.4K $17.70/SF
Area
Ventura County, CA
Vacancy
10.60%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,948,540
Cap Rate 7%
$3,534,671
Cap Rate 9%
$2,749,189
Alternative Uses
Best Use
Office B
$3.53M
$3.09M – $4.12M
NOI $247,427 @ 7.0% cap · market cap 6.19%
Second Best
Healthcare Medical
$2.88M
$2.52M – $3.36M
NOI $201,882 @ 7.0% cap · market cap 5.05%
Theoretical Best
Office A
$4.80M
$4.20M – $5.60M
NOI $335,901 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines restaurant and bar space with office suites, a wellness center, and a vacant unit.
Where is this mixed-use property located?
The property is located at 4247 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: Restaurant and bar on site; One unit is vacant; Small office suites are rented
