419 E Main Street, Ventura, CA 93001
Commercial property
Sold January 2026
Listing Agent: Michael Hernandez (DRE #00317670) · Listing Office: Real Investments · Contact: katherine@realinvestments.com · Bought with: Emily DeArkland · Realty ONE Group Summit · MLS #V1-32639 · Source: CRMLS
How this sale compares
419 E Main Street sold for $4,600,000 in January 2026, 16% under its $5,450,000 list price, after 68 days on the market.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
Description
Unlock the Future of Downtown Ventura - Invest in 419 E. Main Street & 20 N. Oak Street! Real Investments is presenting an exceptional opportunity - not just a commercial building, but a cornerstone of the new Downtown Ventura. Welcome to 419 E. Main Street and 20 N. Oak Street, a prime multi-tenant property located right in the heart of one of Southern California's most charming and rapidly evolving coastal cities. This is more than real estate - it's a front-row seat to transformation and long-term value.Here's why this property stands out: Strategic Location within one of Downtown Ventura's most desirable blocks, this approx. 15,847 SF building sits on a 14,200 SF lot with valuable southern exposure with consistent foot traffic and visibility. You're investing in a high-demand, high-potential area -- the kind of location that rarely becomes available.Income + Flexibility, Unit A: Anchored by Rice by Mama, a well-established and beloved Thai restaurant - offering stable income from Day 1. Unit B & C: A vacant, fully-equipped restaurant and bar - plug-and-play ready for a savvy operator or tenant, spanning nearly 6,000 SF. Unit D: A stunning state-of-the-art office workspace, nearly 6,900 SF, ideal for a creative agency, tech firm, or co-working space. Whether you're an investor seeking upside or an owner-user looking to plant roots, this property offers unmatched flexibility and potential. Timeless Architecture with Modern UpgradesOne of the few original buildings downtown that's been extensively retrofitted for earthquakes and includes a modern fire suppressant system - an enormous value when you consider the cost and difficulty of bringing vintage buildings up to code. Built-in Equity and Bargain Pricing in today's market, the land value alone, combined with the cost of new construction, far exceeds the current asking price. You're not just buying square footage - you're buying instant equity and future appreciation. A City on the RiseThe City of Ventura has recently voted to transform Downtown Main Street into a vibrant, pedestrian-focused promenade, built around community events, seasonal attractions, and business engagement. Think of what happened in places like the San Diego Gaslamp District, Pasadena, or San Luis Obispo. That same wave is now hitting Ventura - and this building is right in the epicenter of it. The Bottom Line: This is a rare, high-potential investment in a charming coastal thriving community.
Listing description from the January 2026 sale, as reported to CRMLS.
Sale history