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$2,600,000
Est. payment /mo
4,900 SqFt
UPDATED:
12/05/2024 02:12 AM
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,900 sqft
Price per Sqft $530
MLS Listing ID 224002018
HOA Y/N No
Year Built 1974
Lot Size 0.682 Acres
Property Description
We are pleased to present this great investment opportunity, ideal for investors/developers or owner/user looking to capture Simi Valley's thriving market. This property sits on a 29,708 SF lot with 4,900 SF restaurant space. Zoned for Commercial Planned Development, this property offers an opportunity for commercial use development.This high traffic location on 1st Street is a hub for new car dealerships and is also surrounded by national retail tenants.The restaurant recently closed its doors at the end of April. Country folks operated for a couple of decades at this site. The restaurant comes with equipment and furniture. Includes two walk-in refrigerators, One walk-in freezer, A full kitchen with several serving stations with full dining with tons of natural lighting. Several dining areas as well as a counter in the main dining area. Great catering and event location with tons of parking. This property offers high visibility and plenty of parking, featuring two entries on 1st, including a drive-thru and an additional entrance along E Los Angeles Avenue, accessible from the rear of the property.This location is surrounded by commercial centers and residential neighborhoods, ensuring a continuous flow of consumers. The area's good economy and growing community make it a great investment for long-term value. This area is a magnet for investors and consumers due to its close proximity to a variety of amenities such as dining, shopping, and recreational facilities, making it an incredible investment opportunity for owner/user or investor. Contact Roy Belson or Dan Murphy for showing request. Must provide pre-approval letter or proof of funds.Prime Restaurant Opportunity in Simi Valley, CaliforniaLocated at the busy intersection of First Street and E Los Angeles Avenue, this restaurant site offers exceptional visibility in a high-traffic area. Benefiting from the constant flow of both pedestrian and vehicular traffic in a location known for its accessibility and exposure. Ideal for both new and established restaurants, this space is strategically positioned near commercial centers and residential neighborhoods, ensuring a steady stream of customers. Don't miss out on this prime opportunity to launch or expand your dining business in Simi Valley's vibrant community. Easy access to freeways and Public Transportation. This location is known for its heavy traffic, indicating strong accessibility and high visibility.
Location
State CA
County Ventura
Area Svw - West Simi
Zoning CPD
Interior
Heating Zoned
Inclusions Property will include all furniture & equipment within the building.
Fireplace No
Building
Lot Description Lawn
Story 1
Water Private
Others
Tax ID 6300120085
Security Features Smoke Detector(s)
Acceptable Financing Cash to New Loan, Owner May Carry
Listing Terms Cash to New Loan, Owner May Carry
Special Listing Condition Standard
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Listed by Roy Belson • RE/MAX ONE