Ventura, California, is a prime location for investing in restaurants, with its rich history, cultural attractions, and quality surfing conditions drawing tourists and locals alike. Restaurants in Ventura offer a unique opportunity to capitalize on the city's popularity, with a diverse range of cuisines and dining experiences available to suit various tastes and preferences. Whether you're looking to invest in a casual eatery, a fine dining establishment, or a specialty restaurant, Ventura provides an ideal setting for your business to thrive. The city's amenities, including the Ventura Harbor Village, Olivas Adobe museum, and Surfer's Point at Seaside Park, create a welcoming atmosphere that attracts visitors from nearby cities like Santa Barbara and Los Angeles. With a population of around 110,000, Ventura offers a sizable customer base, and its Mediterranean climate ensures a pleasant dining experience year-round.
Ventura's restaurants are just one aspect of the city's diverse commercial landscape, which also includes apartment buildings, shopping centers, specialty properties, and hotels. Apartment buildings in Ventura offer a range of options for residents, from luxury complexes to affordable housing. Shopping centers, such as the Ventura Harbor Village, provide a convenient location for retailers and restaurants alike. Specialty properties, like the Olivas Adobe, offer unique opportunities for businesses and events. Hotels, including those near the Ventura County Fairgrounds, cater to tourists and travelers. With 2 restaurants for sale in Ventura, investors have a wide range of options to choose from, each with its own unique characteristics and potential for success. From casual eateries to fine dining establishments, Ventura's restaurants offer a diverse range of investment opportunities in a city that is rich in history, culture, and natural beauty.
What is the average cost per square foot for a restaurant in Ventura?
The average cost per square foot for a restaurant in Ventura is $1,457 USD per square foot, with an average size of 10,346 square feet and a largest size of 17,406 square feet, among the 2 available listings of restaurants for sale in the area.
What factors determine the value of a restaurant for sale in Ventura?
The value of a restaurant for sale in Ventura is determined by a combination of factors, including:
- Location, with proximity to popular tourist attractions like the Ventura Harbor Village, Surfer's Point at Seaside Park, and the Ventura County Fairgrounds, as well as accessibility to major transportation hubs like the Ventura Freeway (U.S. Route 101) and the downtown Ventura Amtrak Station, playing a significant role in attracting customers.
- The restaurant's size, with an average size of 10,346 square feet, and a maximum size of 17,406 square feet, influencing the seating capacity, kitchen space, and overall operational efficiency.
- The restaurant's financial performance, including the average cap rate of 4.35%, which reflects the return on investment, and the average price per square foot of $1,457 USD, which indicates the market value of the property.
