24 E Main St 11,140 SF 60% Leased Office Building Ventura, CA 93001 $3,750,000 ($336.62/SF) 3.04% Cap Rate

24–56 East Main Street presents a rare opportunity to acquire a prominent downtown Ventura commercial asset with significant vacancy, creating an ideal owner-user or value-add investment opportunity. Located along Ventura's primary retail and entertainment corridor, the property offers investors the ability to immediately occupy space for their own business while generating supplemental income from existing tenants, or execute a lease-up strategy to unlock substantial upside.
Unlike fully leased assets trading on in-place income, this offering provides investors the opportunity to create value through active leasing, repositioning, tenant mix improvements, and property enhancements. The combination of vacant space, prime Main Street frontage, and strong long-term downtown fundamentals creates a compelling opportunity to acquire real estate below replacement cost and increase value through execution. Downtown Ventura continues to attract retailers, restaurants, service businesses, creative office users, and hospitality-related tenants due to its coastal location and growing visitor base. corridor.