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Freestanding Retail Building Near Highway
For Sale
$5,615,000

472 S Mills Rd, Ventura, CA

Retail building near Pacific View Mall with long-term corporate lease.

Property Size4,725 SF
Price / SF$1,188
Days on Market150

Property Features for 472 S Mills Rd

General Information

Standard status Active
Size 4,725 SF
Listing Agency: Hayes Commercial Group
Listed By: Daniel Ferrick · License #01936711
Source: Exprealty
Added: Mar 27 Changed: Aug 23 Last Checked: Aug 23 at 4:28AM

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 Hayes Commercial Group

Investment Insights

Based on property information with market context.

This standalone retail building is situated near the Pacific View Mall and the Lowe’s Shopping Center, holding a prominent position at the intersection of Mills Road and Dean Drive, one block from Main Street and with access to Hwy 101. The property, totaling 4,725 square feet, underwent a complete remodel in 2025, which included a new roof, parking lot surface, and trash enclosure. The interior features a buildout for the current tenant, CorePower Yoga, who occupies the entire property under a long-term corporate lease. The layout includes two wood-floor studios, men’s and women’s locker rooms with showers, a reception/retail area, a private office, and outdoor space.

Key Highlights

  • Long‑term corporate lease with CorePower Yoga provides stable income.
  • Completely remodeled in 2025 including new roof and parking lot.
  • Prime location near Pacific View Mall, Lowe’s Shopping Center, Main Street, and Hwy 101.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Food Market Barber Shop Grocery & Convenience Store Auto Parts Store (Bike/Boat/Book/etc) Store Storage Facility

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

Location Intelligence

Trade Area within ½ mile

5,272
Businesses Nearby

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail building near Pacific View Mall with long-term corporate lease.
Where is this retail space located?
The property is located at 472 S Mills Rd Ventura, CA.
What is the asking price?
The asking price for this property is $5,615,000.
What are key features of this property?
This property features: Long‑term corporate lease with CorePower Yoga provides stable income.; Completely remodeled in 2025 including new roof and parking lot.; Prime location near Pacific View Mall, Lowe’s Shopping Center, Main Street, and Hwy 101.
More about this property
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