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501 N. Ventura Ave- 2 auto repair bldgs 501 N Ventura Ave 1,968 SF 100% Leased Retail Building Oak View, CA 93022 $795,000 ($403.96/SF)
INVESTMENT HIGHLIGHTS
- Corner location
- High traffic count on Hwy 33
- Two (2) buildings used for auto repair
EXECUTIVE SUMMARY
Two freestanding buildings totaling approx. 1,968± SF on a 10,890± SF lot along Ventura Ave (SR-33) in the heart of Oak View. Historically operated as an auto repair facility, the property offers excellent visibility and signage potential to capture the corridor's strong traffic. Average Daily Traffic on SR-33 through the Ojai Valley is ~21,000 vehicles/day (County/Caltrans corridor study), delivering consistent drive-by exposure. Ideal for an owner-user or investor seeking service-commercial space with upside. Two buildings provide flexible layouts for shop, storage, or office needs. Current tenant pays $3,465/month on a month to month basis. Central valley location between Ventura and Ojai with convenient access to Lake Casitas and regional routes. Buyer to verify use, permits, and building/lot square footage.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,968 SF
Building Class
C
Year Built
1952
Price
$795,000
Price Per SF
$403.96
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.25 AC
Zoning
CPD - Commercial Planned Development (CPD) Zone
Parking
6 Spaces (3.05 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Ojai Valley Muffler
- Services
- 1,968 SF
- $1.76
- Modified Gross
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Ojai Valley Muffler | Services | 1,968 SF | $1.76 | Modified Gross | - |
PROPERTY TAXES
| Parcel Number | 061-0-080-110 | Improvements Assessment | $278,771 |
| Land Assessment | $278,773 | Total Assessment | $557,544 |
PROPERTY TAXES
Parcel Number
061-0-080-110
Land Assessment
$278,773
Improvements Assessment
$278,771
Total Assessment
$557,544
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501 N. Ventura Ave- 2 auto repair bldgs | 501 N Ventura Ave
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