407 Bryant Cir A Ojai, CA 93023

This exceptional 3,350 square foot industrial property, situated on a 0.38-acre lot at 407 Bryant Circle in Ojai, California, presents a unique investment opportunity. Currently operating as a multi-tenant building within the Ojai Business Center complex, it offers significant upside potential. The property boasts ample on-site and street parking, a considerable advantage in the vibrant Ojai market. Current tenants include a custom glass design shop, a children's learning center, and a wine import business, all operating under short-term leases. This allows for a seamless transition to owner-occupancy or a strategic lease-up strategy for maximizing rental income. The property's cost is below current replacement costs, creating a significant barrier to entry for competitors. The location within Ojai's emerging Funk Zone allows for a diverse range of permitted uses, including wineries, galleries, and dispensaries, significantly expanding the potential tenant pool and increasing property value. Furthermore, pre-existing city applications for conversion to residential or live/work spaces are available, presenting a substantial avenue for future profit generation. This property is an exceptional opportunity for an investor seeking a high-return asset in a desirable and rapidly developing area.