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Listed by Krikor Garabedian • Keller Williams R. E. Services
$ 1,750,000
Est. payment | /mo
6,262 SqFt
$ 1,750,000
Est. payment | /mo
6,262 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 6,262 sqft
Price per Sqft $279
MLS Listing ID CRGD24226140
HOA Y/N No
Lot Size 9,147 Sqft
Property Sub-Type Comm Ind For Sale
Source Datashare California Regional
Property Description
We are pleased to present a rare mixed-use property consisting of 11 single unit residential units and 1 large retail property with 80 feet of frontage on Pleasant Valley Road in Port Hueneme, California. The property is well located just one block away from the Port Hueneme Entrance Gate. The Port of Hueneme is the only deepwater port between the Port of Los Angeles and the Port of San Francisco, and the only Navy-controlled harbor between San Diego Bay and Puget Sound, Washington. This makes the port an extremely important and vital trade port specializing in automobile and agricultural Import and Export. The 11 single unit residential units have significant room for rental growth as the demand for single occupancy units continues to rise and is generally in great demand being so close to the port. The retail portion, which is approximately 1,900 square feet use to be a bar before it was occupied by a recreational cannabis business called Emerald Perspective. Emerald Perspective has spent a considerable amount on Tenant Improvements and enjoys great reviews and a following on Google and Yelp Reviews. This mixed-use property represents a unique investment opportunity, balancing the steady cash flow of residential units with the added value of a commercial retail space, perfect f
Location
State CA
County Ventura
Interior
Fireplace No
Building
Water Public
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