Gateway Plaza is the first shopping center you encounter coming into the Ojai Valley and is located on the main highway through Oak View and Ojai. It is adjacent to the local post office and a bank, is across the street from Oak View's main grocery store and is the home of Oak View's iconic Moose Lodge and barber shop. For more than 50 years, it has welcomed visitors to the valley and has become an icon itself with a bit of a famous past.
This shopping center for sale was built in 1962 by co-owners Johnny Cash, Sheb Wooley and a real estate developer friend.
Don't miss this rare opportunity to purchase a shopping center in Oak View!
Built in 1962, Gateway Plaza (previously known as Purple Wagon Square) has welcomed people to the Ojai Valley for more than 50 years. Gateway Plaza is next to the post office and bank and is across the street from Oak View's main grocery store at the first intersection leading into the Ojai Valley. All of this helps to ensure plenty of visitors, who are accommodated by a large parking lot.
Per the seller, the plaza is 100% occupied, and most are long-term occupants. The approximate ROI is 5 to 6%. The current owner is ready to retire and is offering seller financing for qualified buyers with 50% down payment.
To learn more about this Oak View shopping center for sale and its unique history, visit the property information page.
The Davis Group
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