Exceptional commercial real estate investment opportunity in Santa Paula, Ventura County. This well-established multi-tenant retail shopping center was built in 1978 and features approximately 10,000 square feet of gross leasable area situated on a 15,246 square foot lot (0.35 acres) zoned C-1-N, supporting a wide range of neighborhood commercial uses.Strategically positioned along the high-traffic N Ojai Rd corridor (CA-150), this property features outstanding street visibility, strong daily traffic counts, and excellent access from Ojai Rd. The property is currently tenant-occupied, offering an investor the potential for immediate income upon acquisition.This is a rare opportunity to acquire a freestanding commercial retail center in Santa Paula at a compelling price point. Whether you are a seasoned investor looking to add a cash-flowing asset to your portfolio, or an owner-user seeking a well-located commercial property with significant upside potential, this property deserves serious consideration. Additional highlights include a single building structure with multiple tenant spaces, below-market rents with upside potential, and a location less than 3 miles from the local hospital. Water, sewer, trash, and exterior lighting have historically been included for tenants, with electricity on separate meters.
| MLS # | V1-37120 |
|---|---|
| Listing Type | For Sale |
| Style | Business |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1978 |
| Days On Site | 92 |
| Listing Provided By | eXp Realty of California Inc | Vicente Arzate |
| SQ Feet | 4,864 |
|---|---|
| Zoning | C-1-N |
| Acreage | 0.35 |
| Cooling | Central Air |
|---|---|
| Heating | None |
| Heating Yes / No | No |
| Cooling Yes / No | Yes |
| Lot Features | Sprinklers None |
|---|---|
| Fencing | None |
| State | CA |
|---|---|
| County | Ventura |
| City | Santa Paula |
| Zip Code | 93060 |
| Area | SPL Santa Paula |
| Listing VS Median (in 93060) | |
Price: $1,100,000 low | high Med: $1,100,000 sqft: 4,864 low | high Med: 16,199 $ / sqft: $226 low | high Med: $68 On site: 92 low | high Med: 5 | |
| State | CA |
|---|---|
| County | Ventura |
| City | Santa Paula |
| Zip Code | 93060 |
| Area | SPL Santa Paula |
| Listing VS Median (in 93060) | |
Price: $1,100,000 low | high Med: $1,100,000 sqft: 4,864 low | high Med: 16,199 $ / sqft: $226 low | high Med: $68 On site: 92 low | high Med: 5 | |