250 Ml Rd Ventura, CA 93003
- Retail properties
- 14,112 SF
- 2.00 lot acres
Current Use by Public Records
- Isalis / Women'S Clothing Store / Jewelry Store
- Party City / Party Store / Balloon Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 250 Ml Rd
- Lot size
- 2.00 lot acres
- Property size
- 14,112 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional Class A commercial property, located at 250 S Mills Rd, Ventura, CA 93003, presents a unique investment opportunity. The 14,112 square foot building sits on a 2-acre lot (APN: 079-0-101-300) and boasts a C-1 zoning designation, permitting retail and personal neighborhood services such as spas or physical therapy clinics. The building, a remodeled mid-century structure, features a modern design and updated infrastructure, reflecting millions of dollars in recent improvements to meet current city codes. The property includes over 200 secured parking spaces conveniently accessed via a new interior elevator. An expansive outdoor deck exceeding 1,500 square feet provides additional space for events or other uses. Its prime location offers excellent visibility, situated across from Pacific View Mall at a signalized intersection with major retailers like Target, Trader Joe's, and Bevmo. Currently, the building has 10% occupancy and is offered for sale by owner as an owner/user opportunity. The net rentable area is 13,600 square feet. This property is ideal for a single-user business or a multi-tenant operation seeking a high-profile Ventura location. The lease type is modified, and tenant credit is credit-rated.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ventura
- County
- Ventura
- State
- California
- Longitude
- -119.247
- Latitude
- 34.2703
