721 A St Oxnard, CA 93030

Property Details for 721 A St

Property size

6,071 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a meticulously restored, 6,071 square foot, three-story office building situated in Oxnard, California's vibrant Heritage Square. The property, originally constructed in 1887 and relocated to its current location at 721 S A St, 93030, boasts a rich history as a beautifully preserved example of Stick and Queen Anne architectural styles. Currently operating as a multi-tenant office building with thirteen tenants, the property enjoys 100% occupancy, primarily on month-to-month leases, offering a new owner considerable flexibility. The gross lease structure simplifies management, while the $999,000 asking price translates to an attractive price per square foot of $164.55. Renovated in 1990, the building benefits from a blend of historical charm and modern functionality. Heritage Square itself is a thriving hub of activity, hosting numerous events and attracting significant tourism, providing a unique and desirable location for businesses. This owner/user opportunity allows for immediate income generation and the potential for future value appreciation within a historically significant and highly visible location. The property's location within Ventura County offers easy access to local amenities and transportation networks. This is a rare chance to acquire a piece of Oxnard's heritage and a strong performing commercial asset.