1124-1140 S Seaward Ave - Storefront Retail/Residential FOR SALE


Ventura, CA 93001
$5,750,000 USD
281-825-1305
1124-1140 S Seaward Ave, Ventura, CA for Sale
$5,750,000 USD
Storefront Retail/Residential - FOR SALE
1/9
null | Request Cap Rate

1124-1140 S Seaward Ave
Ventura, CA 93001


HIGHLIGHTS

  • Just reduced $500,000!!! Motivated Seller!!!
  • One-of-a-kind mixed-use coastal asset just steps away from the sand.
  • Includes a dedicated parking lot adjacent to Duke's Beach Grill, offering 20 on-site parking spaces shared among the retail tenants.
  • Surrounded by significant new developments, further enhancing the area's growth and long-term value.
  • Consists of 3 ground-floor retail tenants - Duke's Beach Grill, Mystic Water Kava Bar, Spasso Cucina Italiana - as well as 2 residential units above.
  • Owner-user potential with two retail spaces on month-to-month leases, possible to deliver vacant.

OVERVIEW

Berkshire Hathaway Commercial is pleased to present 1124–1140 S Seaward Avenue, a premier mixed-use coastal investment opportunity located in Ventura's highly desirable Seaward Avenue Beach District. Positioned along one of Ventura's most vibrant beachside corridors, the property benefits from strong pedestrian activity and direct access to the sandy shoreline, Ventura Pier, local dining destinations, boutique retailers, and popular recreational attractions. . The property consists of three street-front retail suites currently occupied by Duke's Beach Grill, Mystic Water Kava Bar, and Spasso Cucina Italiana. Notably, Spasso Cucina Italiana operates on a month-to-month tenancy and may be delivered vacant, creating potential for an owner-user, lease-up strategy, or future repositioning. . Above the retail component are two updated residential units, providing additional income diversification and attractive live-work flexibility. The property is further enhanced by 20 dedicated surface parking spaces, a rare and highly valuable amenity in this beach-adjacent location, serving the retail tenants and their customers. . Situated just steps from Ventura's coastline and surrounded by a thriving mix of restaurants, entertainment, and outdoor recreation, 1124–1140 S Seaward Avenue offers investors a unique opportunity to acquire a trophy coastal asset with stable in-place income, future upside potential, and long-term appreciation prospects in one of Southern California's most desirable beachfront communities.

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/SF

$722 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

CROSS STREETS

SWC Pierpoint Blvd & Seaward Ave

LAND ACRES

0.34 AC

LAND SF

15,002 SF

ZONING

C-1A

APN/PARCEL ID

081-0-055-160

ASK ABOUT THIS PROPERTY

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281-825-1305

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Tom ParkKW CommercialMore Info
281-825-1305

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