CA > Ventura
Ventura, CA 93001,419 E Main ST
Ventura, CA 93001,419 E Main ST
Ventura, CA 93001,419 E Main ST
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John Herkenrath

John Herkenrath

+1(310) 221-2910
$5,450,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID V1-32639

HOA Y/N No

Year Built 1920

Property Sub-Type Retail

Property Description

Unlock the Future of Downtown Ventura - Invest in 419 E. Main Street & 20 N. Oak Street! Real Investments is presenting an exceptional opportunity - not just a commercial building, but a cornerstone of the new Downtown Ventura. Welcome to 419 E. Main Street and 20 N. Oak Street, a prime multi-tenant property located right in the heart of one of Southern California's most charming and rapidly evolving coastal cities. This is more than real estate - it's a front-row seat to transformation and long-term value.Here's why this property stands out: Strategic Location within one of Downtown Ventura's most desirable blocks, this approx. 15,847 SF building sits on a 14,200 SF lot with valuable southern exposure with consistent foot traffic and visibility. You're investing in a high-demand, high-potential area -- the kind of location that rarely becomes available.Income + Flexibility, Unit A: Anchored by Rice by Mama, a well-established and beloved Thai restaurant - offering stable income from Day 1. Unit B & C: A vacant, fully-equipped restaurant and bar - plug-and-play ready for a savvy operator or tenant, spanning nearly 6,000 SF. Unit D: A stunning state-of-the-art office workspace, nearly 6,900 SF, ideal for a creative agency, tech firm, or co-working space. Whether you're an investor seeking upside or an owner-user looking to plant roots, this property offers unmatched flexibility and potential. Timeless Architecture with Modern UpgradesOne of the few original buildings downtown that's been extensively retrofitted for earthquakes and includes a modern fire suppressant system - an enormous value when you consider the cost and difficulty of bringing vintage buildings up to code. Built-in Equity and Bargain Pricing in today's market, the land value alone, combined with the cost of new construction, far exceeds the current asking price. You're not just buying square footage - you're buying instant equity and future appreciation. A City on the RiseThe City of Ventura has recently voted to transform Downtown Main Street into a vibrant, pedestrian-focused promenade, built around community events, seasonal attractions, and business engagement. Think of what happened in places like the San Diego Gaslamp District, Pasadena, or San Luis Obispo. That same wave is now hitting Ventura - and this building is right in the epicenter of it. The Bottom Line: This is a rare, high-potential investment in a charming coastal thriving community.

Location

State CA

County Ventura

Interior

Heating Central

Cooling Central Air

Inclusions All built-ins and commercial kitchen equipment and appliances within 419 E Main. All built-ins for 20 N Oak. For Rice by Mama, TBD during walk-through with the Tenant and Seller.

Fireplace No

Laundry None

Exterior

Fence None

Building

Dwelling Type Office,Retail

Water Public

Others

Tax ID 0730034120

Acceptable Financing Cash, Conventional, 1031 Exchange, Submit

Listing Terms Cash, Conventional, 1031 Exchange, Submit

Special Listing Condition Standard, Trust

Virtual Tour https://listing.upmarket.media/sites/dwoogbr/unbranded

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CRMLS – RECore
Listed by Michael Hernandez Real Investments katherine@realinvestments.com
John Herkenrath

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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