585 E Thompson Blvd - Restaurant FOR SALE


Ventura, CA 93001- Downtown Ventura
$1,900,000 USD
714-714-7003
585 E Thompson Blvd, Ventura, CA for Sale
$1,900,000 USD
Restaurant - FOR SALE
1/33
null | 5% Cap Rate

585 E Thompson Blvd
Ventura, CA 93001
Downtown Ventura


HIGHLIGHTS

  • High visibility corner lot directly across from freeway onramp
  • Excellent traffic counts and pedestrian flow
  • Fully permitted high end build out and exception outdoor patio space

OVERVIEW

585 E Thompson Blvd is a prime downtown Ventura commercial property featuring exceptional street visibility with permitted outdoor patio seating, beautiful architecture, and dedicated parking. The ~$500k fully permitted buildout started in 2015 and was completed in 2017 including all new concrete flooring throughout with ADA accessible ramps and two restrooms, new parking apron, upgraded utility connections and panels, walk in cooler, tasting room with partition-able event space and newly permitted outdoor patio space (2025). The high visibility location boasts strong vehicular and foot traffic. The property is walking distance to beaches, hotels, Main Street retail, and the Ventura Pier! The property is surrounded by a strong mix of restaurants, coffee houses, and boutique retailers and is directly across from a vibrant well attended public park drawing residents and visitors alike. The building has been fully renovated and services upgraded (all permitted) and now hosts a craft brewery and tasting room. This offering presents an exceptional opportunity for investors or owner-users seeking a high-visibility coastal asset within one of Southern California’s most dynamic lifestyle markets. The property may be acquired as real estate only, or together with the operating brewery business, equipment, and licenses for an additional fee. With the extensive renovation and improvements, prime frontage road location, the asset delivers both immediate functionality and long-term appreciation potential. This property is priced well per sq foot making it the BEST OVERALL VALUE to come on the market in the Downtown area in years! Don't miss out on this once in a generation opportunity to own a part of one of Southern California's world class beach towns!

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$420 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Restaurant, Food Processing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

CROSS STREETS

S Chestnut St

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

DC

APN/PARCEL ID

073-0-131-050

ASK ABOUT THIS PROPERTY

James ElsonRC RealtyMore Info
714-714-7003

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

James ElsonRC RealtyMore Info
714-714-7003

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