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550 N Ventura Ave 1,150 SF Retail Building Oak View, CA 93022 $450,000 ($391.30/SF)
Executive Summary
Located in the heart of Oak View's commercial district with outstanding visibility along busy Highway 33, this vacant 1,095 sq. ft. commercial building sits on a spacious 7,045 sq. ft. lot and offers an exceptional opportunity for an owner-user or investor. The property features a fully paved parking lot with ample parking, included display counters, shelving, racks, and a large walk-in cooler, as well as a covered and fenced rear storage area and a restroom located off the back storage room. Zoned Commercial - General Retail, the property offers excellent flexibility for a variety of potential uses, including retail, restaurant or café, coffee shop, real estate office, insurance or financial services, professional office, medical or wellness practice, salon, boutique, convenience store, and many other permitted commercial uses (buyer to verify with Ventura County). With its prime location, excellent exposure, and versatile layout, this property is ready to accommodate a wide range of business opportunities.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,150 SF
Building Class
C
Year Built
1947
Price
$450,000
Price Per SF
$391.30
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.17 AC
Zoning
CPD
Parking
10 Spaces (8.7 Spaces per 1,000 SF Leased)
Frontage
60’ on N Ventura Ave
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 034-0-107-055 | Improvements Assessment | $164,045 |
| Land Assessment | $246,070 | Total Assessment | $410,115 |
Property Taxes
Parcel Number
034-0-107-055
Land Assessment
$246,070
Improvements Assessment
$164,045
Total Assessment
$410,115
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550 N Ventura Ave