Sea Fresh Retail FOR SALE


Ojai, CA
$3,975,000 USD
805-207-3572
, Ojai, CA for Sale
$3,975,000 USD
Retail - FOR SALE
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Sea Fresh
Ojai, CA


HIGHLIGHTS

  • Landmark location since 1985
  • Renovated in 2015
  • Value add Laundromat

OVERVIEW

Two Income Producing Businesses on One Property • The offering includes two operating, turnkey businesses—Sea Fresh Restaurant and Launderland Laundromat—providing diversified, on-site income streams. • This combination reduces single tenant risk and creates stability through complementary uses (restaurant + necessity retail). Strong In-Place Cash Flow • Sea Fresh Restaurant has been established since 1985 and consistently grosses over $2 million annually, indicating a proven concept with long-term market acceptance. • The laundromat is absentee-owned and has consistent annual gross revenue exceeding $100,000, offering relatively passive income potential. Prime Corner Lot in a High-Barrier Market • The property sits on a ½+ acre corner lot along East Ojai Avenue, a main commercial corridor, offering high visibility and accessibility. • Ojai’s ban on chain retailers significantly limits new competition and increases the long-term value of well-located independent commercial assets. . Value-Add and Repositioning Potential • Both buildings were fully renovated in 2015, with newer roofs (restaurant in 2015, laundromat in 2024), reducing near-term capital expenditure needs. • The restaurant space is easily adaptable to multiple food concepts, offering upside through rebranding, operational improvements, or concept change. Attractive Demographics & Consumer Spending • The surrounding area shows high household incomes (average household income exceeding $112,000 within 2 miles) and substantial consumer spending, supporting discretionary dining and service uses. • A mature, affluent demographic aligns well with seafood dining, wine, wellness, and experiential retail offerings. Location in a Destination Lifestyle Market • Ojai is a regional destination known for tourism, wellness, arts, and outdoor recreation, which supports sustained restaurant traffic beyond the local population base. • The town attracts visitors, second-home owners, and high-income residents, enhancing top-line revenue potential for food and beverage concepts.

ASK ABOUT THIS PROPERTY

Steve BuengerBuenger Commercial Real Estate, Inc.More Info
805-207-3572

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Steve BuengerBuenger Commercial Real Estate, Inc.More Info
805-207-3572

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