Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    974 East Main St Santa Paula, CA 93060

    View on Map
    Sponsored
    For Sale
    $1,150,000

    Retail - Santa Paula, CA

    Type:Retail
    Days on Market:
    17
    Last Refresh:
    Mar 17 at 2:06 pm

    Property Features for 974 East Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    1030113085

    Building Details

    Year built
    1930
    Architectural style
    Other

    We can help!

    Listing Contact
    David Barajas

    RE/MAX Gold Coast (805) 339-3500

    Listing agent David Barajas (805) 339-3500 License #02023911

    Listing date Feb 28, 2026

    MLS# V1-33476 Listing URL

    Copyright © 2026 California Regional MLS - Pasadena-Foothills and Ventura County Coastal. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Downtown Santa Paula Retail Opportunity

    Located in the heart of historic Downtown Santa Paula, this commercial property offers a prime opportunity on Main Street. The property features two stand-alone commercial buildings situated on a single parcel. Each building has separate meters. The larger building is currently operating as a restaurant, featuring a spacious open floor plan, high ceilings, and a wrap-around loft that overlooks the main dining area. This layout offers flexibility for various concepts. The second building is vacant and presents potential for retail, food service, office, or specialty use. The property benefits from strong street visibility and steady foot traffic, surrounded by thriving local businesses. This location is suitable for long-term growth, offering flexibility and opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Paula
    County
    Ventura
    State
    California
    Longitude
    -119.060334
    Latitude
    34.353531

    Nearby Similar for Sale

    • $749,900
      3,080 SF

      Santa Paula Retail Opportunity

      3,080 sq ft commercial building in high-traffic area.
      933 Yale St, Santa Paula, CA 93060
      View Details
    • $599,000

      Downtown Santa Paula Retail Opportunity

      Commercial property in revitalizing downtown Santa Paula, Ventura County.
      1020 East Main St, Santa Paula, CA 93060
      View Details
    • $1,895,000

      Historic Santa Paula Retail Opportunity

      Landmark building in Santa Paula's historic Main Street corridor.
      948 East Main St, Santa Paula, CA 93060
      View Details
    • $575,000
      Pending

      Santa Paula Office Building For Sale

      Charming downtown Santa Paula office building with on-site parking.
      134 Davis St, Santa Paula, CA 93060
      View Details
    • $899,999
      Pending

      Landmark 1930 Brick Building

      Multi-story building with redevelopment potential in downtown Santa Paula.
      102 North 7Th St, Santa Paula, CA 93060
      View Details
    • $850,000
      Pending

      Santa Paula Multifamily Investment Opportunity

      Five-unit property in a thriving neighborhood with high rental occupancy.
      317 North Ojai St, Santa Paula, CA 93060
      View Details
    • $489,000

      Downtown Santa Paula Commercial Property

      Commercial property in Santa Paula's Downtown District with unique features.
      122 N 11Th St, Santa Paula, CA 93060
      View Details
    • $899,999
      Pending

      Landmark Multi-Story Brick Building

      1930 multi-story brick building with redevelopment potential.
      102 N 7Th St, Santa Paula, CA 93060
      View Details
    • $7,600,000

      Santa Paula Multi-Unit Investment Opportunity

      Multi-unit industrial investment property with shop, office, and rental home.
      905-917 Corporation St, Santa Paula, CA 93060
      View Details
    • $1,600,000

      Versatile Building Near Downtown

      Multi-use building with office spaces, fellowship hall, and kitchen.
      203 S 8Th St, Santa Paula, CA 93060
      View Details
    • $699,000

      Versatile Office Building For Sale

      Single-story office building with flexible layout and income potential.
      811 W Telegraph Rd, Santa Paula, CA 93060
      View Details

    FAQs

    What type of property is this?
    Retail property - Two commercial buildings in historic downtown Santa Paula.
    Where is this retail property located?
    The property is located at 974 East Main St Santa Paula, CA.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - Prime Main Street location in historic Downtown Santa Paula with high visibility and foot traffic.; - Two stand-alone commercial buildings on one parcel, each with separate meters.; - Larger building currently operating as a restaurant with a spacious open floor plan and high ceilings.
    (805) 794-6665
    Request Owner's contact information
    974 East Main St Santa Paula, CA 93060
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    974 East Main St
    Santa Paula, CA 93060
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    974 East Main St Santa Paula, CA 93060
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    David Barajas
    Real Estate License ID: 02023911
    (805) 794-6665 (805) 339-3500
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!