Sale - Oak View, CA
Gateway Shopping Plaza is located at the main entrance to the Ojai Valley, with direct access off the main road. Gateway Plaza is so fitting since it is central located for locals and new comers to enjoy. With the 5 rentals 4 have been long term residents. The Gross income is approx. $116,520.00 with built-in annual increase per leases. Previously know as the Purple Wagon Square. Which as history has it Sheb Wooley, Johnny Cash and an acquaintance who was a real estate developer. Together they built the Purple Wagon Mail in Oak View, named commemoratively for Sheb's runaway bestselling purple song Flying, Purple People-Eater. As you enter to this Plaza you pass the near by Post office and Bank. Go to the Large parking lot, 100% occupied per seller. Approx. return on your money is 5.5%. Current owner is retiring. Seller financing available to qualified buyers.
Would you like more information regarding this property?
Please call (805) 646-7288.
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