281 Main St Ventura, CA 93001-2553
This exceptional 3,667 square foot mixed-use property at 281 Main Street, Ventura, CA, presents a lucrative investment opportunity. Located in the heart of beautiful Downtown Ventura, this established venue boasts a rich history as a successful cocktail lounge, breakfast and coffee house, and several thriving nightclubs. Currently configured as a premium event space, it's perfectly suited for weddings, corporate events, live music performances, and upscale social gatherings. The property includes beautifully landscaped gardens complete with a gazebo, ideal for ceremonies and cocktail hours. Significant upgrades have been made throughout the venue, ensuring a high level of elegance and functionality. A valuable liquor license is included in the sale. Adding to the investment appeal are two completely remodeled rental units generating consistent income. Ample parking is available, including a dedicated parking lot and two two-car garages. This turnkey operation is ready for a new owner to capitalize on its established reputation and prime location. The asking price is $2,799,000. This is a rare chance to acquire a thriving business with significant income potential in a highly desirable Ventura location. Don't miss this opportunity to own a piece of Ventura's vibrant downtown scene.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MXD · Ventura, CAVentura. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.