Under contract

Active Under Contract

2025 First Street

Simi Valley CA, 93065

$2,600,000


$530.61 per sqft

Under contract

Active Under Contract

4,900 sqft

Commercial

Built in 1974

Listed by Roy Belson with RE/MAX ONE (818) 620-2020

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.

224002018

MLS ID

May 23, 2024

Listed

November 22, 2024

Updated

Map

2025 First Street
Simi Valley CA, 93065

Interior Features

Total Stories

1


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Zoned

Exterior/Building Features

Lot Size

0.68 Acres


Lot Features

Lawn

Other Property Details

Area Name

SVW - West Simi


Days on Market

180


Garage

No


Parking Total

0


View

No


County

Ventura


Water Source

Private


Pool

No


Zoning

CPD

Listing History

Date

Event

Price

11/19/2024

Under contract

9/23/2024

Price change

$2,600,000

-4%

9/18/2024

Price change

$2,700,000

-4%

8/13/2024

Price change

$2,800,000

-14%

Listing Contact: (818) 346-7362 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/22/2024 at 6:37 PM UTC

 

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