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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.
Property Type(s):
Commercial
| Last Updated | 11/19/2024 | Year Built | 1974 |
|---|---|---|---|
| Community | West Simi | County | Ventura |
Price History
| Prior to Aug 13, '24 | $3,250,000 |
|---|---|
| Aug 13, '24 - Sep 18, '24 | $2,800,000 |
| Sep 18, '24 - Sep 23, '24 | $2,700,000 |
| Sep 23, '24 - Today | $2,600,000 |
Additional Details
| AREA | West Simi |
|---|---|
| CONSTRUCTION | Wood Siding |
| HEAT | Zoned |
| HOA DUES | 0 |
| LOT | 0.68 acre(s) |
| LOT DESCRIPTION | Lawn |
| STORIES | 1 |
| UTILITIES | Electric: Heavy |
| WATER | Private |
| ZONING | CPD |
Location
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Listed with RE/MAX ONE
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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