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Investment Highlights

  • Landmark location since 1985
  • Value add Laundromat
  • Renovated in 2015

Executive Summary

Two Income Producing Businesses on One Property
• The offering includes two operating, turnkey businesses—Sea Fresh Restaurant and Launderland Laundromat—providing diversified, on-site income streams.
• This combination reduces single tenant risk and creates stability through complementary uses (restaurant + necessity retail).
Strong In-Place Cash Flow
• Sea Fresh Restaurant has been established since 1985 and consistently grosses over $2 million annually, indicating a proven concept with long-term market acceptance.
• The laundromat is absentee-owned and has consistent annual gross revenue exceeding $100,000, offering relatively passive income potential.
Prime Corner Lot in a High-Barrier Market
• The property sits on a ½+ acre corner lot along East Ojai Avenue, a main commercial corridor, offering high visibility and accessibility.
• Ojai’s ban on chain retailers significantly limits new competition and increases the long-term value of well-located independent commercial assets.
. Value-Add and Repositioning Potential
• Both buildings were fully renovated in 2015, with newer roofs (restaurant in 2015, laundromat in 2024), reducing near-term capital expenditure needs.
• The restaurant space is easily adaptable to multiple food concepts, offering upside through rebranding, operational improvements, or concept change.
Attractive Demographics & Consumer Spending
• The surrounding area shows high household incomes (average household income exceeding $112,000 within 2 miles) and substantial consumer spending, supporting discretionary dining and service uses.
• A mature, affluent demographic aligns well with seafood dining, wine, wellness, and experiential retail offerings.
Location in a Destination Lifestyle Market
• Ojai is a regional destination known for tourism, wellness, arts, and outdoor recreation, which supports sustained restaurant traffic beyond the local population base.
• The town attracts visitors, second-home owners, and high-income residents, enhancing top-line revenue potential for food and beverage concepts.

Property Facts

Price $5,445,750 CAD
Price / SF $1,115 CAD / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 4,886 SF
Total Land Area 1.12 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
531 E Ojai Ave, Ojai, CA 93023 Retail 2,443 SF 1970 -
539 E Ojai Ave, Ojai, CA 93023 Retail 2,443 SF 1970 -
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  • Listing ID: 40188372

  • Date on Market: 2026-04-17

  • Last Updated:

  • Address: Sea Fresh, Ojai, CA

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