Listed by Buenger Commercial Real Estate, Inc.
$3,975,000
Sea Fresh
Details
APN 023-0-141-340
Property Type Retail
Sub Type Restaurant
Square Footage 4,886
Net Rentable (SqFt) 4,886
Units 2
Occupancy 100%
Tenancy Single
Price per SqFt $814
Broker Co-Op Yes
Class B
Year Built 1970
Year Renovated 2015
Buildings 2
Stories 1
Acreage 0.550
Zoning C-2
Investment Type Owner/User
Occupancy Date 06/01/2026
Ownership Fee simple
Recently renovated turn-key Restaurant on highly visible corner
Marketing description
Landmark Restaurant & Retail at 531–539 E Ojai Ave, Ojai, CA 93023 offers a rare opportunity to acquire a high-profile, corner-lot commercial asset in the heart of Ojai. Situated on approximately 0.55 acre, the property features two freestanding buildings totaling approximately 4,886 SF, fully renovated in 2015, with the restaurant roof replaced in 2015 and the laundromat roof replaced in 2024.
Anchoring the property is the established Sea Fresh Restaurant, a long-standing local destination since 1985 featuring a fresh fish market, sushi bar, full-service dining, full bar, and expansive covered, heated patio seating. The restaurant is fully fixtured, currently operating, and adaptable to a variety of food concepts. Also included is Launderland Laundromat, a value-add component with all-new equipment installed in 2015 and consistent revenue generation.
Offered at $3,975,000, plus ABC license and inventory, this turn-key investment combines real estate, business operations, and strong in-place income in one of Southern California’s most charming and supply-constrained communities. A standout opportunity for investors or owner-users seeking an iconic Ojai property with proven performance and long-term upside.
Investment highlights
Two Income‑Producing Businesses on One Property
- The offering includes two operating, turnkey businesses—Sea Fresh Restaurant and Launderland Laundromat—providing diversified, on-site income streams.
- This combination reduces single‑tenant risk and creates stability through complementary uses (restaurant + necessity retail).
Strong In-Place Cash Flow
- Sea Fresh Restaurant has been established since 1985 and consistently grosses over $2 million annually, indicating a proven concept with long-term market acceptance.
- The laundromat is absentee-owned and has consistent annual gross revenue exceeding $100,000, offering relatively passive income potential.
Value-Add and Repositioning Potential
- Both buildings were fully renovated in 2015, with newer roofs (restaurant in 2015, laundromat in 2024), reducing near-term capital expenditure needs.
- The restaurant space is easily adaptable to multiple food concepts, offering upside through rebranding, operational improvements, or concept change.
Listing Contacts
Listed by Buenger Commercial Real Estate, Inc.
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