324 Central Ave - Storefront Retail/Office FOR SALE


Fillmore, CA 93015
$460,000 USD
805-524-2121
324 Central Ave, Fillmore, CA for Sale
$460,000 USD
Storefront Retail/Office - FOR SALE
1/34
null | 5.99% Cap Rate

324 Central Ave
Fillmore, CA 93015


HIGHLIGHTS

  • Heavy Daytime Foot Traffic
  • Historic Downtown
  • Expanding Area Development

OVERVIEW

324 Central Ave is a freestanding commercial building located in the center of Downtown Fillmore. Built in 1912, the building has around 2,000 square feet of interior space and sits on a 2,178 square foot lot. It offers historic character with a flexible open layout that works well for retail, office, or other small business uses. The property is zoned C3, allowing for a wide variety of commercial possibilities. The building is positioned right along Central Avenue within Fillmore’s walkable downtown corridor, surrounded by local shops, restaurants, and civic buildings. It benefits from strong visibility and steady local foot traffic. The city has been actively investing in its downtown area, and the 2022 Downtown Revitalization Partnership Executive Summary & Key Findings (attached in documents below) highlights Fillmore’s steady population and business growth, increasing household income levels, and a shift toward attracting new residents and entrepreneurs while preserving the city’s historic character and small town charm. Known as “The Last, Best Small Town,” Fillmore embraces its small town atmosphere and community centered values. Its classic architecture, historic train station, and timeless main street have made it a popular backdrop for film and television productions, giving the downtown area a familiar cinematic charm that draws visitors and supports local businesses. Fillmore’s location along Highway 126 makes it easily accessible from both Ventura and Santa Clarita, and the city offers support for new businesses through its official Business Start Up Guide (attached in documents below). The property is currently tenant occupied, and the tenants split the water, sewer, and electric bills equally each month. Copies of the July and August utility bills, as well as the city’s start up guide and the Downtown Revitalization Partnership report, can be accessed once singed into your account. This is a rare opportunity to own a piece of Central Ave Fillmore, an established building in a growing market with small town character and a supportive business climate.

FOR SALE DETAILS

PRICE

$460,000 USD

PRICE/SF

$230 USD /SF

CAP RATE

5.99%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,500 SF

ZONING

C3

APN/PARCEL ID

053-0-071-120

ASK ABOUT THIS PROPERTY

805-524-2121

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805-524-2121

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