162 N Ventura Rd, Port Hueneme, CA 93041
Mixed-Use Office & Retail | Adaptive Use It will be available September 2027, I am seeking long-term at lease 5-10 years. his building has been Christian Church for almost 2 decades. Before the church, there were, Surf Shop, Carpets Store, Hardware Store, Grocery store since 1947. This property was one of those designated to be rezoned from C-1 (General Commercial) to (R-4) Mixed- Use Residential. “The City is also updating the R-4 standards to ensure all of the existing uses development currently allowed in theC-1 zone will continued to be allowed in the R-4 zone to avoid negatively impacting eh development currently on your property”. “What this means to you” With to rezoning of your property, you will be able to continue to enjoy the current development standards of the C-1 zone. However, you will also now to be able to redevelop your property. should you choose to, with high-density residential uses instead of, or in addition to general commercial uses. Giving the state’s priority for the development of new residential units, this may have the positive effect of making your appealable to a wider range of prospective buyers, should you ever choose to sell it”. Tony Stewart AICP Director of Community and Economic Development
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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