Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1946
Sq.Footage
N/A
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!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
NO
-
Heating
None
Exterior
-
Garage
No
-
Construction Materials
Frame, Stucco
-
Pool
No
Area & Lot
-
Lot Features
Corner Lot
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$695,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
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Location
County
Ventura
Elementary School
Middle School
High School
Listing Courtesy of Mitchell Stark , Berkshire Hathaway Home Services
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