461 Central Ave Fillmore, CA 93015
- Hotels
- 32,720 SF
- 1.08 lot acres
Current Use by Public Records
- Fillmore Chapel / Wedding Venue / Event Planner
- Andrango LLC / Taco Restaurant
Property Details for 461 Central Ave
- Year built
- 1888
- Lot size
- 1.08 lot acres
- Property size
- 32,720 SF
- Property type
- Hotels
- APN
- 053-0-042-275
Description
Prime Ventura County investment opportunity: A beautifully appointed, historic mission-style building (32,720 sq ft) on nearly 1.08 acres in Fillmore, CA, is available for $5,950,000. Currently operating as a successful wedding venue under a triple-net lease with Wedgewood Weddings, projecting over 400 weddings in the next four years, this property offers significant upside potential. A portion of the building, totaling approximately 12,000 square feet, is adaptable for conversion into a 40-room boutique hotel, capitalizing on the existing wedding venue's built-in demand. The property boasts a 2,320 sq ft basement, suitable for a speakeasy, spa, or other amenity, and a 3,000 sq ft courtyard ideal for a pool. Built between 1888 and 1929, and renovated in 2021, this two-story landmark enjoys excellent visibility on a corner lot at Central Avenue and 1st Street. Its convenient location between Ventura and Santa Clarita, near the Fillmore & Western Railway ("The Movie Train"), and within walking distance of downtown Fillmore's restaurants, shops, parks, and historical museum, ensures strong appeal. The property is located along the Santa Clara River and State Highway 126, within an hour of Los Angeles and Santa Barbara. This fee-simple offering presents a unique blend of established income and significant development potential in a desirable Southern California location. The property features 40 keys.
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
- Fillmore
- County
- Ventura
- State
- California
- Longitude
- -118.9143671
- Latitude
- 34.4018375
