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481 N Ventura Avenue & 27 W Prospect St 27 W Prospect St 4,716 SF Retail Building Ventura, CA 93001 $2,964,699 CAD ($628.65 CAD/SF)
INVESTMENT HIGHLIGHTS
- Premium Remodel of Commercial Building in 2023
- 2 Buildings - Live/Work or lease out one and occupy the other
- Serviced by 101 Freeway and Highway 33
- Luxury Office/Retail in the heart of Ventura's West Side
- Corner Lot walking distance to Downtown Ventura & Beaches
- Storage area with roll-up door
EXECUTIVE SUMMARY
Here’s your chance to own a premium 2-building live/work gem in one of Ventura's most vibrant corridors. Ideal purchase for an owner-user or investor. The Becker Group is proud to present 481 N Ventura Ave and 27 W Prospect St —not 1, but 2 buildings totaling 4,716sf on one 6,440sf corner lot! APN: 071-0-101-030 C2 Zoning.
481 N Ventura Ave - 3,126sf commercial building
Ventura’s Iconic Hardware Store has been meticulously remodeled with new roof, new plumbing, new electrical, new fire sprinklers, new HVAC units and distribution, new lighting, new paint, polished concrete floors, new kitchenette, new ADA restroom, new windows, new water heater, new roll up door, new large ceiling fans, new sound system, private meeting room, storage area with sink, and many other premium upgrades. This building is ideal for office use, showroom, studio, retail, etc. The improvements were completed around 2023. It has an open concept office/retail space with a storage area in the rear serviced by an automatic roll-up door. The space is divided by a premium large wooden sliding door that disappears away to join the spaces and provide a large open plan. Must be seen to be fully appreciated. Additional highlights include:
- 4k interior and exterior cameras, with remote access
- 6 zone audio system with 24 speakers wired throughout
- Sound proof conference room
- Pre-wired A/V throughout
- Tankless water heater
- All new systems with remote access; HVAC, water heater, security, garage door, etc.
- Motorized window coverings on all windows
- Anti-graffiti film on exterior of all windows
- Title 24 compliant LED lighting on all interior and exterior lighting.
27 W Prospect St - 1,590sf 3b/2ba residential building
An idyllic spacious single family home walking distance to the numerous shops, cafes, art galleries, and amenities Ventura Avenue is known for. The home is currently leased month-to-month ($3,500). Three bedrooms, two bathrooms, two-story building, vaulted 2nd story ceiling, porch views plus 2 car garage. There is a unique opportunity to occupy one property and lease out the other or a perfect live/work solution.
Buyer is advised to independently verify the accuracy of all information through professional inspection.
DO NOT DISTURB TENANTS. CALL LISTING AGENT TO SCHEDULE A TOUR.
481 N Ventura Ave - 3,126sf commercial building
Ventura’s Iconic Hardware Store has been meticulously remodeled with new roof, new plumbing, new electrical, new fire sprinklers, new HVAC units and distribution, new lighting, new paint, polished concrete floors, new kitchenette, new ADA restroom, new windows, new water heater, new roll up door, new large ceiling fans, new sound system, private meeting room, storage area with sink, and many other premium upgrades. This building is ideal for office use, showroom, studio, retail, etc. The improvements were completed around 2023. It has an open concept office/retail space with a storage area in the rear serviced by an automatic roll-up door. The space is divided by a premium large wooden sliding door that disappears away to join the spaces and provide a large open plan. Must be seen to be fully appreciated. Additional highlights include:
- 4k interior and exterior cameras, with remote access
- 6 zone audio system with 24 speakers wired throughout
- Sound proof conference room
- Pre-wired A/V throughout
- Tankless water heater
- All new systems with remote access; HVAC, water heater, security, garage door, etc.
- Motorized window coverings on all windows
- Anti-graffiti film on exterior of all windows
- Title 24 compliant LED lighting on all interior and exterior lighting.
27 W Prospect St - 1,590sf 3b/2ba residential building
An idyllic spacious single family home walking distance to the numerous shops, cafes, art galleries, and amenities Ventura Avenue is known for. The home is currently leased month-to-month ($3,500). Three bedrooms, two bathrooms, two-story building, vaulted 2nd story ceiling, porch views plus 2 car garage. There is a unique opportunity to occupy one property and lease out the other or a perfect live/work solution.
Buyer is advised to independently verify the accuracy of all information through professional inspection.
DO NOT DISTURB TENANTS. CALL LISTING AGENT TO SCHEDULE A TOUR.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
4,716 SF
Building Class
C
Year Built/Renovated
1926/2023
Price
$2,964,699 CAD
Price Per SF
$628.65 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.72
Lot Size
0.15 AC
Zoning
C-2
Parking
2 Spaces (0.42 Spaces per 1,000 SF Leased)
Frontage
45’ on N Ventura Ave
AMENITIES
- Corner Lot
- Signage
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 071-0-101-030 | Improvements Assessment | $1,383,206 CAD |
| Land Assessment | $336,456 CAD | Total Assessment | $1,719,662 CAD |
PROPERTY TAXES
Parcel Number
071-0-101-030
Land Assessment
$336,456 CAD
Improvements Assessment
$1,383,206 CAD
Total Assessment
$1,719,662 CAD
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481 N Ventura Avenue & 27 W Prospect St | 27 W Prospect St
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