523 East Main Street

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523 East Main Street

Ventura, CA 93001
Asking Price
$170K
Asset Type
Business Only Hospitality
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Hospitality business opportunity located in Ventura, California
  • Prime downtown position at 523 East Main Street
  • Asset offered for sale at a price of 170000 dollars
  • Turnkey business-only sale focusing on restaurant operations
  • Submarket features consistent tourist and local visitor traffic

What's Special

Ventura serves as a vibrant coastal hub within Southern California, characterized by its steady tourism and local economic activity. This hospitality business opportunity at 523 East Main Street positions an operator in the heart of the city, benefiting from the consistent foot traffic associated with this prominent downtown corridor. The area remains a popular destination for visitors and residents alike, supporting a variety of food and beverage ventures. This business-only sale offers an established operational foundation for those seeking to enter the local market. The asset type is suited for restaurant owners or hospitality groups looking to leverage existing infrastructure in a high-visibility location. Prospective buyers can assess this opportunity for its potential to maintain a strong return on investment given the favorable submarket conditions.

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NOI
$80,000
Cap Rate
47.06%
DSCR
7.93
Strong
Cash-on-Cash
137.07%
Monthly Payment
$841.067
Annual Cash Flow
$69,907.193

Location & Travel Times