Ventura, CA 93001,1967 E Main ST
Ventura, CA 93001,1967 E Main ST
Ventura, CA 93001,1967 E Main ST
6
$600,000
$695,000
13.7%
Est.Price: ?

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1967 E Main ST Ventura, CA 93001

Est. payment /mo
SOLD DATE : 06/16/2023

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Key Details

Sold Price $600,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID V1-16044

Sold Date 06/16/23

HOA Y/N No

Year Built 1946

Property Description

Single Tenant leased investment to excellent Vietnamese restaurant with over 6 1/2 years remaining on the lease and annual CPI rent increases. Mai's Vietnamese restaurant has operated successfully in this location for 13 years with excellent quality, good sized portions, and modest pricing. The building is in excellent condition with a recent $60,000 remodel by Tenant demonstrating their commitment to the location. Extremely low risk investment as tenant's rent is significantly below market. Good mid-town Ventura location near Ventura High School and 2 large, brand new, mixed-use projects. A true legacy asset as the property has been owned by the same family since the 1940's!

Location

State CA

County Ventura

Interior

Heating None

Cooling Wall/Window Unit(s)

Fireplace No

Laundry None

Exterior

Fence None

Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Roof Type Composition

Present Use Commercial

Total Parking Spaces 4

Building

Lot Description Corner Lot, Sprinklers None, Street Level

Story 1

Water Public

Others

Tax ID 0730094170

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Trust

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California Regional MLS (CRMLS)
Listed by Mitchell Stark • Berkshire Hathaway Home Services
Bought with Non Non Member • Unknown Office

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Kelly Corsino

Agent | License ID: 01704102

+1(949) 229-0019

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