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Fee Simple Multi-tenant Retail & Apartment 1052-1058 S Seaward Ave 3,800 SF 100% Leased Retail Building Ventura, CA 93001 $4,723,280 CAD ($1,242.97 CAD/SF)
Investment Highlights
- Rare opportunity to purchase a fee simple, multi-tenant retail & apartment property next to the Pacific Ocean in coastal California.
- Property completely redeveloped in 2022.
- Supply constrained trade area with high barriers to entry.
- The area is currently undergoing a resurgence: 138 apartment units have been recently entitled at the intersection of S. Seaward Ave. & Harbor Blvd.,
Executive Summary
· Rare opportunity to purchase a fee simple multi-tenant retail & apartment property next to the Pacific Ocean in coastal California.
· Supply constrained trade area with high barriers to entry.
· Property completely redeveloped in 2022.
· The area is currently undergoing a resurgence: 138 apartment units have been recently entitled at the intersection of S. Seaward Ave. &
Harbor Blvd., and new Residence Inn under construction at S. Seaward Ave. & Alessandro Drive.
· Supply constrained trade area with high barriers to entry.
· Property completely redeveloped in 2022.
· The area is currently undergoing a resurgence: 138 apartment units have been recently entitled at the intersection of S. Seaward Ave. &
Harbor Blvd., and new Residence Inn under construction at S. Seaward Ave. & Alessandro Drive.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,800 SF
Building Class
C
Year Built
1964
Price
$4,723,280 CAD
Price Per SF
$1,242.97 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.79
Lot Size
0.11 AC
Zoning
C1AD
Parking
5 Spaces (1.32 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Balcony
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 650 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 650 SF | Retail | - | Now |
1st Floor
| Size |
| 650 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Moderately walkable
60/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 081-0-055-090 | Improvements Assessment | $2,361,428 CAD |
| Land Assessment | $745,871 CAD | Total Assessment | $3,107,299 CAD |
Property Taxes
Parcel Number
081-0-055-090
Land Assessment
$745,871 CAD
Improvements Assessment
$2,361,428 CAD
Total Assessment
$3,107,299 CAD
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Fee Simple Multi-tenant Retail & Apartment | 1052-1058 S Seaward Ave
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