Property profile

297 Main St Ventura, CA 93001

OFF-MARKET
Land
Property ID
US10-0641797
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Property summary

AI-generated overview

This exceptional 21,780 square foot mixed-use development opportunity is located in the heart of Ventura's downtown core, at the corner of Main and Palm Streets. The project boasts approved plans for a three-story building encompassing 24 residential units, including four inclusionary and four penthouse units, all with access to a shared rooftop terrace offering stunning views of the city, ocean, and coastline. Additionally, approximately 3,850 square feet of ground-level commercial space is approved, ideal for a restaurant or retail storefront. This is a truly unique opportunity, as it represents the last vacant lot in Ventura's prime downtown area. The project includes approved on-site parking and is within walking distance of numerous restaurants and shops, and less than a mile from Ventura Beach Promenade and Surfer's Point. The approved plans are ready for immediate development, making this a turnkey project for the right builder or developer. All information is deemed reliable but not guaranteed

Property profile

Verified
Property type Land
UPID US10-0641797

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

297 Main St Ventura, CA 93001
Ventura metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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