Major Sale & Transfer of Ownership in Downtown Ventura

Major Sale & Transfer of Ownership in Downtown Ventura

Real investments is proud to announce a major sale and transfer of ownership in the downtown Ventura property known as Palm Court. This multi-tenant commercial property that fronts East Main Street and South Palm Street starts at 278 and ends at 298 East Main Street. Currently the tenants are Capriccio, El Rey Cantina, Olive Ventura, Taqueria Vallarta and House of Stone. 

Real investments has managed the property for years with a pride of ownership and attention to detail. Preserving and growing the asset has been a top priority for the property owners. This location has a wonderful history and its tenants offer amazing food products. The present outdoor dining in the promenade also adds value to this excellent location. The new owners are seasoned investors who have an affinity and proactive vision for Downtown Main Street.

This block of restaurants is considered a hot spot for many residents and visitors of the city. Capriccio is widely considered one of the best Italian restaurants in Ventura and is conveniently located at the corner of Main and Palm streets. For a more casual dining experience, El Rey Cantina is next door and offers handmade tortillas along with an assortment of mixed drinks. Olive Ventura is a charming establishment that provides cooking oils to those foodies who prefer to be their own chefs. Taqueria Vallarta is further down and another great option for authentic Mexican food and drinks. For unique home decor and gift ideas, House of Stone resides next to Capriccio on Palm Street with essentials for any garden.

Palm Court is located across the street from the beautiful Mission Church and is centrally located near many other historic monuments in Ventura. Less than a mile from the promenade and Ventura pier, these businesses receive lots of foot traffic from people coming and going to enjoy the nearby picturesque beach. This block has been and continues to be a major contributor to the culture of Ventura as a whole. Down the street is the Museum of Ventura County with many pieces relevant to the city’s history. Palm Court serves as a great resting and refueling spot for travelers while they take in the beauty of the city. Sidewalk seating for the businesses faces the sweeping natural hillside where there are many great hiking spots including the Ventura Botanical Gardens.  

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If you are a commercial property owner, please reach out to us to learn how we can set up your next investment so that you can enjoy a burden-free annuity of your property’s income with our management style and approach. 805-985-1000 / [email protected]