715 Ojai Ave Ojai, CA 93023-2824
This exceptional freestanding restaurant in Ojai, California, presents a unique investment opportunity. Located at 715 E Ojai Ave, 93023, this single-tenant property boasts a total of 1,920 square feet, including a 670 square foot patio area. Built in 1930, the building sits on a 0.22-acre lot and offers ample parking with 9 spaces. The property's prime location on a main avenue ensures high visibility and significant foot traffic, making it ideal for a thriving restaurant business. The building is fully equipped for immediate operation, offering a turnkey solution for prospective buyers. An added benefit is the inclusion of an ABC Type 47 license, available for purchase, along with active business licenses that can be purchased or transferred. This presents a rare chance to acquire an established restaurant with all necessary permits and equipment in place, minimizing start-up costs and maximizing potential returns. The single-story building offers a functional layout and the expansive patio provides additional seating and outdoor dining space. This property is ready for a new owner to step in and continue its success or to implement their own culinary vision. Don't miss this chance to own a piece of Ojai's vibrant culinary scene.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Ojai, CACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.