20
See all 20 photos
$5,450,000
Est. payment /mo
New
419 E Main ST Ventura, CA 93001
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID V1-32639
HOA Y/N No
Year Built 1920
Property Sub-Type Retail
Property Description
Unlock the Future of Downtown Ventura - Invest in 419 E. Main Street & 20 N. Oak Street! Real Investments is presenting an exceptional opportunity - not just a commercial building, but a cornerstone of the new Downtown Ventura. Welcome to 419 E. Main Street and 20 N. Oak Street, a prime multi-tenant property located right in the heart of one of Southern California's most charming and rapidly evolving coastal cities. This is more than real estate - it's a front-row seat to transformation and long-term value.Here's why this property stands out: Strategic Location within one of Downtown Ventura's most desirable blocks, this approx. 15,847 SF building sits on a 14,200 SF lot with valuable southern exposure with consistent foot traffic and visibility. You're investing in a high-demand, high-potential area -- the kind of location that rarely becomes available.Income + Flexibility, Unit A: Anchored by Rice by Mama, a well-established and beloved Thai restaurant - offering stable income from Day 1. Unit B & C: A vacant, fully-equipped restaurant and bar - plug-and-play ready for a savvy operator or tenant, spanning nearly 6,000 SF. Unit D: A stunning state-of-the-art office workspace, nearly 6,900 SF, ideal for a creative agency, tech firm, or co-working space. Whether you're an investor seeking upside or an owner-user looking to plant roots, this property offers unmatched flexibility and potential. Timeless Architecture with Modern UpgradesOne of the few original buildings downtown that's been extensively retrofitted for earthquakes and includes a modern fire suppressant system - an enormous value when you consider the cost and difficulty of bringing vintage buildings up to code. Built-in Equity and Bargain Pricing in today's market, the land value alone, combined with the cost of new construction, far exceeds the current asking price. You're not just buying square footage - you're buying instant equity and future appreciation. A City on the RiseThe City of Ventura has recently voted to transform Downtown Main Street into a vibrant, pedestrian-focused promenade, built around community events, seasonal attractions, and business engagement. Think of what happened in places like the San Diego Gaslamp District, Pasadena, or San Luis Obispo. That same wave is now hitting Ventura - and this building is right in the epicenter of it. The Bottom Line: This is a rare, high-potential investment in a charming coastal thriving community.
Location
State CA
County Ventura
Interior
Heating Central
Cooling Central Air
Inclusions All built-ins and commercial kitchen equipment and appliances within 419 E Main. All built-ins for 20 N Oak. For Rice by Mama, TBD during walk-through with the Tenant and Seller.
Fireplace No
Laundry None
Exterior
Fence None
Building
Dwelling Type Office,Retail
Water Public
Others
Tax ID 0730034120
Acceptable Financing Cash, Conventional, 1031 Exchange, Submit
Listing Terms Cash, Conventional, 1031 Exchange, Submit
Special Listing Condition Standard, Trust
Virtual Tour https://listing.upmarket.media/sites/dwoogbr/unbranded
Listed by Michael Hernandez Real Investments katherine@realinvestments.com
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