Freestanding Downtown Retail/Office
457 E THOMPSON BLVD Ventura, CA
457 E THOMPSON BLVD, Ventura, CA, 00000
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For Sale
Contact for pricing
Built in 1937, this single-story freestanding building offers an open floor plan and on-site parking.
Property Size4,000 SF
Lot Size0.16 Acres
Price / SF$448.75
Days on Market75
Property Features for 457 E THOMPSON BLVD
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Lot size
- 0.16 Acres
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1937
Listing agency
KW Partner San Diego
Listed by
Christopher Parrino · License #01350268
Source
Crexi
Added: May 8 Updated: Jul 20 at 4:37PM Checked: Jul 20 at 4:37PM
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 KW Partner San Diego
Investment Insights
Based on property information with market context.
457 E Thompson Blvd is a 4,000 SF freestanding commercial building on a 6,969 SF parcel in Downtown Ventura. Built in 1937, the property features an Art Deco-style front façade and exposed brick detailing at the rear, with interior character defined by exposed wood ceiling and prominent crossbeam design.
The building is single-story with an open floor plan, concrete subfloor, and no shared walls. This configuration supports flexible tenant planning across a range of uses including retail, office, medical, showroom, fitness, or service-oriented businesses, with the ability to customize without requiring major structural modification.
For parking, there are 6 on-site spaces on the east side of the building, with additional public parking in the lots directly behind the property and across S Oak St. The property is delivered vacant at closing and is available for sale by appointment only, with no disturbance of the tenant.
The building is single-story with an open floor plan, concrete subfloor, and no shared walls. This configuration supports flexible tenant planning across a range of uses including retail, office, medical, showroom, fitness, or service-oriented businesses, with the ability to customize without requiring major structural modification.
For parking, there are 6 on-site spaces on the east side of the building, with additional public parking in the lots directly behind the property and across S Oak St. The property is delivered vacant at closing and is available for sale by appointment only, with no disturbance of the tenant.
Key Highlights
- 4,000 SF freestanding commercial building built in 1937 on a 6,969 SF parcel in Downtown Ventura
- Single‑story, open floor plan with a concrete subfloor and no shared walls for flexible use and layout planning
- Exposed wood ceiling and prominent crossbeam design with Art Deco‑style front facade and exposed brick detailing in back
Local Financial Insights For Office B
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 | $224.2k | $56.04 |
| − Vacancy | −$36.5k | −$9.13 |
| EGI | $187.6k | $46.91 |
| − OpEx | −$46.9k | −$11.73 |
| NOI | $140.7k | $35.18 |
4,000 SF · lease $56.04/SF/yr · vacancy 16.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.01M
$1.76M – $2.35M
NOI $140,716 @ 7.0% cap · market cap 7.84%
Second Best
Retail
$1.54M
$1.35M – $1.80M
NOI $108,046 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$2.41M
$2.11M – $2.82M
NOI $169,040 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Built in 1937, this single-story freestanding building offers an open floor plan and on-site parking.
Where is this retail space located?
The property is located at 457 E THOMPSON BLVD Ventura, CA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 4,000 SF freestanding commercial building built in 1937 on a 6,969 SF parcel in Downtown Ventura; Single‑story, open floor plan with a concrete subfloor and no shared walls for flexible use and layout planning; Exposed wood ceiling and prominent crossbeam design with Art Deco‑style front facade and exposed brick detailing in back
