502 Ojai Ave Ojai, CA 93023
- Turn key restaurants
- 2,366 SF
- 0.58 lot acres
Current Use by Public Records
- The Oaks 202 E Ojai Ave / Hotel
Property Details for 502 Ojai Ave
- Year built
- 1992
- Lot size
- 0.58 lot acres
- Property size
- 2,366 SF
- Zone code
- BP
- Property type
- Turn key restaurants
- APN
- 020-0-181-080
- APU
- 200181080
Description
This exceptional redevelopment opportunity presents a vacant, iconic restaurant property situated on a half-acre lot in the heart of Ojai, California. Located at 502 W Ojai Ave, 93023, this property boasts a substantial footprint ranging from 2,300 to 3,800 square feet, offering significant potential for a variety of uses. The property is zoned Business/Professional (BP), providing flexibility for adaptive reuse. Ample parking is available with 30 spaces on-site, a significant advantage in this desirable location. The asking price is $1,995,000, reflecting a recent price reduction of $400,000, presenting a compelling investment opportunity for a buyer with vision. The property is currently vacant, allowing for immediate customization and renovation to suit the new owner's specific needs and concept. This prime location in Ventura County offers high visibility and accessibility, making it an ideal site for a thriving restaurant or other commercial venture. The seller is highly motivated, making this a truly exceptional opportunity to acquire a significant property in the vibrant Ojai market. Don't miss this chance to own a piece of Ojai's rich history and create a successful future.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ojai
- County
- Ventura
- State
- California
- Longitude
- -119.252
- Latitude
- 34.4463
- CBSA code
- 37100
- CBSA name
- OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA
