Here is a partial list of commercial properties that have become REO (Real Estate Owned) properties within the past couple of months or so. Each transaction is different, but ultimately the lender will want to sell the asset. If you are looking to buy commercial property, either as an investor or owner/user, call me.  To see other new REO properties, click and read the rest of this article.

The above historic home was last used as a professional office for attorneys. Located in vibrant downtown Ventura, it’s a single story building with a very large attic that housed “back office” filing cabinets, copy machines, secretarial work stations and such. The duplex in back was built in 2002 and also has a large storage basement that could be rented. Use the front office for your professional company and staff and generate rent from the duplex for your retirement!

This building was formerly used by a moving company. A new roof was installed in 2007 and the front portion of the building was converted into executive suites. An investor or owner/user probably could buy this building for less $$ than what it would cost to build today.

Very nice location on very heavily traffic highway 33 up to Ojai. Well suited for small professional office.

Great location for the guy who wants to own his own shop – especially with great SBA financing with only 10% down!

Financing on commercial properties for owner/users can be accomplished with as little as 10% down payment through the Small Business Administration 504 loan program. This is long term, fixed rate financing, and the owner/user must occupy at least 51% of the property for your business, but the excess space can be leased for additional revenue and/or future expansion needs. Call me now for more detail on these properties or financing questions!