3775 Market St - Office FOR SALE


Ventura, CA 93003
$2,300,000 USD
805-653-6794
3775 Market St, Ventura, CA for Sale
$2,300,000 USD
Office - FOR SALE
1/7
null | 6.15% Cap Rate

3775 Market St
Ventura, CA 93003


HIGHLIGHTS

  • Rare Multi-Tenant M1 Zoned Industrial Building with Yard
  • Rayne Water leases 72.7% of the building on a NNN basis
  • Buyer may occupy second floor offices or add value through leasing
  • Close proximity to 101 Freeway, 126 Hwy and many restaurants and amenites
  • Corner location with drive-through yard
  • Building has significant Tenant Improvements for water softening & purification

OVERVIEW

3775 Market St, Ventura is a freestanding multi-tenant industrial building with significant tenant improvements supporting water treatment use. Rayne Water (https://www.raynewater.com/), occupies the entire ground floor and yard. They renewed for five years in June 2025. The second floor (Unit B) is leased to The Merito Foundation (https://www.meritofoundation.org/) and Blue Ocean Productions (https://www.blueoceanproductions.com/). Recent building improvements include second floor patio waterproofing, new landscaping, second floor gated entry, new second floor HVAC, and second floor office build-out. Upcoming building improvements include a new roof coating by 2026 & new concrete yard (will be completed by Rayne Water). A rare opportunity to purchase one of the few multi-tenant M1 Industrial Buildings in the City of Ventura with secured yard. 3775 Market Street, Ventura is an approximately 8,427sf industrial building (built 1984) on 18,702sf lot and is located on the corner of Fleet Ave and Market St with close proximity to the 101 Freeway and 126 Highway. There are numerous surrounding amenities including restaurants, retail and financial institutions. The M1 zoning is a flexible industrial zoning allowing for a number of uses not permitted by right in the more restrictive MPD zoning (Buyer to complete their own investigations with the City of Ventura).

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$274 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Manufacturing, Warehouse, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

M1D

APN/PARCEL ID

138-0-140-210

ASK ABOUT THIS PROPERTY

Matthew KingsleyThe Becker GroupMore Info
805-653-6794

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Matthew KingsleyThe Becker GroupMore Info
805-653-6794

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