Description
RemarksGateway 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. 5% returnRemarks 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.
-
0BEDS
-
0.79ACRES
-
0BATHS
-
01/2 BATHS
-
7,363SQFT
-
$228$/SQFT
School Ratings & Info
Description
RemarksGateway 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. 5% returnRemarks 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.
© 2019 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2019-06-18T08:46:54.407. 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, 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. Data last updated 2019-06-18T08:46:54.407.