1700 Thompson BlvdVentura, CA 93001

Property Details for 1700 Thompson Blvd

Year built

1988

Lot size

1.17 AC

Property size (Sq ft)

15,543 SF

Zone code

C2

Property type

Retail properties

Property subtype

Strip malls

APN

075-0-070-610

APU

750070610

Description

This exceptional 3,000-square-foot retail space, encompassing Suites A and B, presents a unique investment opportunity in Ventura, California. Located at 1700 E Thompson Blvd, 93001, this single-tenant property boasts a prime location within a thriving commercial and residential neighborhood, experiencing significant growth with new residential developments nearby. The space underwent a complete renovation in 2021, featuring beautiful tiled floors and a recently completed vanilla shell. The property offers significant street frontage visibility, ensuring maximum exposure for your business. The interior includes a bathroom. This ground-level space is zoned for commercial use and is ideally suited for a variety of retail businesses, particularly those focused on consumer services or products

• CAP approach

  CAP return

  Valuation

  6%

  $6,843,058

  6.5%

  $6,316,670

  7%

  $5,865,478

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,448,256

  Geo Method

  $7,448,256

• Alternative Use

  Use

  Valuation

  Residential

  $5,328,347

  Hospitality

  $4,880,737

  Educational

  $4,060,716

  Medical

  $4,200,370

  Retail

  $6,316,670

Location Insight

City

Ventura

County

Ventura

State

California

Latitude

34.2749

Longitude

-119.275

CBSA code

37100

CBSA name

OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].