434 Main St Ventura, CA 93001-2627
- Commercial real estate
- 3,700 SF
- 0.11 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 434 Main St
- Lot size
- 0.11 lot acres
- Property size
- 3,700 SF
- Zone code
- DC
- Property type
- Commercial real estate
- APN
- 073-0-035-030
- APU
- 730035030
Description
This exceptional property at 434 East Main Street in Ventura, CA, 93001 offers a unique blend of retail and office space within a charming, historic building. The property features two available spaces, ranging from 1,427 to 2,019 square feet, ideal for a variety of businesses. The space includes a convenient street-level retail storefront on Main Street, perfect for maximizing visibility and foot traffic. The rear of the building provides additional office space, offering a balance between public-facing retail and private office environments. The building boasts attractive turn-of-the-20th-century architecture, adding character and appeal. Each space benefits from included amenities such as a kitchenette, HVAC system, and access to shared restroom facilities. The location is highly desirable, situated in the heart of Historic Downtown Ventura, offering easy access to a wealth of amenities. Nearby attractions include beautiful beaches, the San Buenaventura Mission, City Hall, Metrolink/Amtrak transportation, the State Fairgrounds, and a vibrant selection of restaurants and shops. A convenient city parking lot is located at the rear of the building, ensuring ample parking for tenants and their clients. This property presents a rare opportunity to establish a thriving business in a prime Ventura location. The multiple tenancy option allows for flexibility in lease terms and space configuration. Contact us today to learn more about this exceptional opportunity.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $775,000
- 6.5%
- $715,000
- 7%
- $665,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $922,000
Market price range: $322k - $1.23M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,340,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $1,550,000 Change: +16% Conversion: Difficult
- MEDICAL BUILDING
- $1,405,000 Change: +5% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,385,000 Change: +4% Conversion: Difficult
- WAREHOUSE, STORAGE
- $1,075,000 Change: -20% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Ventura
- County
- Ventura
- State
- California
- Longitude
- -119.294
- Latitude
- 34.2804
- CBSA code
- 37100
- CBSA name
- OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA
