106 5Th StOxnard, CA 93030

Property Details for 106 5Th St

Year built

1920

Lot size

0.10 AC

Property size (Sq ft)

4,550 SF

Zone code

CBD

Property type

Strip malls

Property subtype

Neighborhood centers

APN

201-0-212-020

APU

2010212020

Description

This exceptional 4,550-square-foot retail property presents a compelling investment opportunity in Oxnard's vibrant Central Business District. Located at 106 5th Street, this fully occupied building boasts a strong tenant base eager to continue their leases. Built in 1920, the property retains significant historical character and charm, offering a unique blend of vintage aesthetics and modern functionality. Recent upgrades include a brand-new roof and newly renovated bathrooms, ensuring the building is well-maintained and ready for continued success. The property's CBD zoning provides flexibility for a variety of uses, making it ideal for owner-occupancy or continued operation as a multi-tenant retail space. The building's consistent occupancy history demonstrates its strong appeal to tenants and its potential for stable, long-term income generation. This is a rare chance to acquire a well-located, fully occupied retail property in a thriving downtown area, offering both immediate income and significant long-term growth potential. The property sits on a 0-acre lot and is priced at $1,195,000. Detailed financial information and tenant lease details are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $2,008,086

  6.5%

  $1,853,618

  7%

  $1,721,217

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,180,374

  Geo Method

  $2,180,374

• Alternative Use

  Use

  Valuation

  Residential

  $1,563,596

  Hospitality

  $1,432,246

  Educational

  $1,191,612

  Medical

  $1,232,593

  Retail

  $1,853,618

Location Insight

City

Oxnard

County

Ventura

State

California

Latitude

34.1974

Longitude

-119.177

CBSA code

37100

CBSA name

OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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