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