1280 S Victoria Ave - Office FOR SALE


Ventura, CA 93003
$6,800,000 USD
805-410-0420
1280 S Victoria Ave, Ventura, CA for Sale
$6,800,000 USD
Office - FOR SALE
1/7
null | Request Cap Rate

1280 S Victoria Ave
Ventura, CA 93003


HIGHLIGHTS

  • Owner User or Investment Opportunity
  • Versatile Multi-Tenant Layout
  • Highly Visible and Accessible Ventura Location
  • Exceptional Parking Capacity
  • Near Complete Condo Conversion Entitlements
  • Offered Below Replacement Cost

OVERVIEW

Ideally situated along Ventura’s premier Victoria Corridor, this multi-tenant office building delivers unmatched visibility, access, and value. The property combines a flexible layout, ideal for office, medical, and professional uses, with elevator access, operable windows, separately metered electrical, and one of the strongest parking packages in the region, including roughly 130 covered spaces plus additional surface parking. Minutes from the County Government Center, VA Medical Clinic, major freeways (101 & 126), retail, dining, and key employment hubs, the building sits at the center of Ventura’s most reliable demand drivers and boasts a traffic count of over 47,000 per day. Nearly completed condo conversion entitlements add a rare layer of optionality, giving future ownership multiple ways to unlock value, whether through individual suite sales, phased dispositions, or long-term hold strategies. Most importantly, the asset is being offered at a price point far below replacement cost, an opportunity that’s increasingly hard to find in coastal California. For investors seeking immediate value, long term appreciation potential, and a strategic foothold in a supply constrained market, this property is currently over 90% leased and checks every box.

FOR SALE DETAILS

PRICE

$6,800,000 USD

PRICE/SF

$219 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Victoria Office Plaza

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

130

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

RPD7U, Ventura

APN/PARCEL ID

136-0-010-500

ASK ABOUT THIS PROPERTY

Nick NardoniEquity Commercial Real Estate ServicesMore Info
805-410-0420

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Nick NardoniEquity Commercial Real Estate ServicesMore Info
805-410-0420

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.