361 B St Oxnard, CA 93030
- Strip malls
- 7,000 SF
- 0.16 lot acres
Current Use by Public Records
- Irene's Beauty Salon / Beauty Salon
Property Details for 361 B St
- Year built
- 1952
- Lot size
- 0.16 lot acres
- Property size
- 7,000 SF
- Zone code
- CBD
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 202-0-092-070
- APU
- 2020092070
Description
This exceptional 7,000 square foot retail storefront, located at 361 South B Street in Oxnard, California (93030), presents a lucrative investment opportunity. The fully-leased property boasts six units currently occupied by five tenants, generating a projected 5.17% capitalization rate. Situated in the vibrant heart of Downtown Oxnard, this prime location offers unparalleled convenience and high visibility. The property is ideally positioned adjacent to a municipal parking structure and within easy walking distance of City Hall, Centennial Plaza (featuring a 14-screen movie theater and diverse restaurants), the Oxnard Transportation Center, and the post office. Numerous other restaurants, shops, and services further enhance the property's desirability and tenant appeal. The building and lot both encompass 7,000 square feet, with a zoning designation of DT-C. The Ventura County Assessor's Parcel Number (APN) is 202-0-092-070. This multi-tenant retail asset offers a compelling blend of strong cash flow, prime location, and significant growth potential, making it an ideal addition to any investment portfolio. The asking price is $1,750,000, translating to $250 per square foot.
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
- Oxnard
- County
- Ventura
- State
- California
- Longitude
- -119.18
- Latitude
- 34.1992
- CBSA code
- 37100
- CBSA name
- OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA
