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31660431
31660432

127 E 6th St, Oxnard, CA 93030

CS
CA CA 00973712
eXp Commercial
CS
CA 02212074
DT
TX 698576
EXP Commercial
Listed by eXp Commercial, EXP Commercial
$650,000
51 days on market
Updated 35 days ago
Opportunity zone

127 E 6th Street

Details
APN 201-0-212-140
Property Type Retail
Sub Type Storefront
Square Footage 3,189
Net Rentable (SqFt) 3,189
Units 2
Occupancy 50%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 7.08%
Pro-Forma NOI $46,051
Price per SqFt $204
Broker Co-Op Yes
Class C
Year Built 1939
Year Renovated 2020
Buildings 1
Stories 1
Lot Size (SqFt) 7,405
Zoning CBD
Parking Spaces 10 spaces
Parking Per SqFt 3.14
Investment Type Owner/User
Ownership Fee Simple
Sale Condition 1031 exchange

Retail | 3,189 SqFt

Marketing description

Owner user or Investment Property. Occupy 51% and receive income from 2nd unit. Rear Lot with ample parking. Located in the heart of Oxnard, CA, this vibrant area offers a prime location for retail investment. Just steps away from the bustling Oxnard Transit Center, the location provides high foot traffic and visibility. The property is surrounded by a variety of retail shops, dining options, and entertainment venues, offering a dynamic and diverse customer base. Nearby attractions include Heritage Square, Plaza Park, and the Carnegie Art Museum, drawing in locals and visitors alike. With its excellent street retail potential and proximity to popular destinations, the area presents an exciting opportunity for retail investors seeking a thriving market with strong growth potential.

Investment highlights

Property is 50% Occupied by Ocotlan Restaurant. Proforma NOI is $46,051.00. Has 10 parking spaces at rear. Great owner/user building to qualify for SBA financing.

Listing Contacts

CS
CA CA 00973712
eXp Commercial
CS
CA 02212074
DT
TX 698576
EXP Commercial
Listed by eXp Commercial, EXP Commercial

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Additional Information

Name
Charles Swanberg
License
CA 00973712
Name
Claire Salvador
License
02212074
Brokerage
eXp Commercial of California Inc
Brokerage Phone
5625376067
Title
Senior Associate
Brokerage Address
2603 Camino Ramon
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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