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585 E Thompson Blvd 4,524 SF Retail Building Ventura, CA 93001 $1,900,000 ($419.98/SF) 5% Cap Rate

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INVESTMENT HIGHLIGHTS

  • High visibility corner lot directly across from freeway onramp
  • Fully permitted high end build out and exception outdoor patio space
  • Excellent traffic counts and pedestrian flow

EXECUTIVE SUMMARY

585 E Thompson Blvd is a prime downtown Ventura commercial property featuring exceptional street visibility with permitted outdoor patio seating, beautiful architecture, and dedicated parking. The ~$500k fully permitted buildout started in 2015 and was completed in 2017 including all new concrete flooring throughout with ADA accessible ramps and two restrooms, new parking apron, upgraded utility connections and panels, walk in cooler, tasting room with partition-able event space and newly permitted outdoor patio space (2025). The high visibility location boasts strong vehicular and foot traffic. The property is walking distance to beaches, hotels, Main Street retail, and the Ventura Pier! The property is surrounded by a strong mix of restaurants, coffee houses, and boutique retailers and is directly across from a vibrant well attended public park drawing residents and visitors alike. The building has been fully renovated and services upgraded (all permitted) and now hosts a craft brewery and tasting room. This offering presents an exceptional opportunity for investors or owner-users seeking a high-visibility coastal asset within one of Southern California’s most dynamic lifestyle markets. The property may be acquired as real estate only, or together with the operating brewery business, equipment, and licenses for an additional fee. With the extensive renovation and improvements, prime frontage road location, the asset delivers both immediate functionality and long-term appreciation potential. This property is priced well per sq foot making it the BEST OVERALL VALUE to come on the market in the Downtown area in years! Don't miss out on this once in a generation opportunity to own a part of one of Southern California's world class beach towns!

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,524 SF
Building Class
C
Year Built/Renovated
1930/2016
Price
$1,900,000
Price Per SF
$419.98
Cap Rate
5%
NOI
$95,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.52
Lot Size
0.20 AC
Zoning
DC - Downtown Ventura Overlay
Parking
3 Spaces (0.66 Spaces per 1,000 SF Leased)
Frontage
100’ on E Thompson Blvd

AMENITIES

  • Corner Lot
  • Security System
  • Signage
  • Signalized Intersection
  • Skylights
  • Wheelchair Accessible
  • Monument Signage
  • Smoke Detector

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Leashless Brewing
  • Accommodation and Food Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Salusa, Inc.
  • Accommodation and Food Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Sessions Brewery
  • Retailer
  • -
  • -
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Leashless Brewing Accommodation and Food Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Salusa, Inc. Accommodation and Food Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Sessions Brewery Retailer - - Lorem Ipsum Jan 0000
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

CrossFit
Revolution
Starbucks
Banc of California
Bank of the Sierra
Mechanics Bank
The Habit Burger Grill
Rent-A-Center
Vons

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
073-0-131-050
Land Assessment
$540,830 (2025)
Improvements Assessment
$577,452 (2025)
Total Assessment
$1,118,282 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 38465702

  • Date on Market: 11/15/2025

  • Last Updated:

  • Address: 585 E Thompson Blvd, Ventura, CA 93001

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