Multi-Unit Retail Building with
553 Ventura Street Fillmore, CA 93015
553 Ventura Street, Fillmore, CA, 93015
$600,000
For Sale
$600,000
Multi-unit retail building offers highway frontage, high-visibility signage, and two parking lots with full occupancy.
Property Size2,025 SF
Price / SF$296.30
Days on Market11
Property Features for 553 Ventura Street
General Information
- Standard status
- Active
- Size
- 2,025 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1970
Listing Agency
Realty ONE Group Summit
(805) 978-5764
Listed by
Christie Neal · License #01747887
Source
Xome
Added: Jul 10 Checked: Jul 20 at 1:45 am
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 Realty ONE Group Summit
Investment Insights
Based on property information with market context.
This for-sale multi-unit commercial retail building totals approximately 2,025 square feet. The property is described as 100% occupied and features highway frontage with high-visibility signage, along with two parking lots for tenant and customer use.
The building is located at 553 Ventura Street in Fillmore, California. The listing emphasizes exposure from its highway frontage and the added convenience of on-site parking.
As presented, the asset is positioned as a fully occupied, multi-unit retail investment with parking and signage visibility designed to support steady operations.
The building is located at 553 Ventura Street in Fillmore, California. The listing emphasizes exposure from its highway frontage and the added convenience of on-site parking.
As presented, the asset is positioned as a fully occupied, multi-unit retail investment with parking and signage visibility designed to support steady operations.
Key Highlights
- Multi‑unit commercial building in Fillmore with 100% occupancy (full occupancy).
- 2000 SF multi‑unit retail/commercial building with highway frontage.
- High‑visibility signage for roadside exposure.
Local Financial Insights For Retail
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 | $48.6k | $24.00 |
| − Vacancy | −$2.3k | −$1.13 |
| EGI | $46.3k | $22.87 |
| − OpEx | −$13.9k | −$6.86 |
| NOI | $32.4k | $16.01 |
2,025 SF · lease $24.00/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$463.2K
$405.3K – $540.4K
NOI $32,421 @ 7.0% cap · market cap 5.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$695.2K
$608.3K – $811.0K
NOI $48,662 @ 7.0% cap · market cap 8.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Service Professional Plumbing
Plumbing Service
Central Music
(Bike/Boat/Book/etc) Store
Christie Neal Real ...
Real Estate Agency
Similar For Sale Nearby
Similar Off Market Nearby
- Vons Floral — 636 Ventura St, Fillmore, CA 93015
FAQs
What type of property is this?
Storefront property - Multi-unit retail building offers highway frontage, high-visibility signage, and two parking lots with full occupancy.
Where is this storefront property located?
The property is located at 553 Ventura Street Fillmore, CA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Multi‑unit commercial building in Fillmore with 100% occupancy (full occupancy).; 2000 SF multi‑unit retail/commercial building with highway frontage.; High‑visibility signage for roadside exposure.
