Corner Retail Condo with Tall
101-2176 E Main St, Ventura, CA
For Sale
$750,000
Built in 2022 with installed HVAC and expansive street-facing windows.
Property Size1,585 SF
Price / SF$473.19
Days on Market572
Property Features for 101-2176 E Main St
General Information
Standard status
Size
Site & Location
Corner Location
Anchor Co-Tenants
Additional Details
Floor
Amenities
high ceilings
tall windows
HVAC system
Building Details
Year Built
Listing Agency:
LIV Sotheby's International Realty
(805) 641-0125
Listed By:
David Smolen
(805) 320-3090
Source:
Exprealty
Added: Apr 22, 2025
Changed: Nov 12
Last Checked: Nov 12 at 9:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LIV Sotheby's International Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,585-square-foot retail condo occupies a corner position within the Villa San Clemente Condo Complex, a mixed-use development completed in 2022. The interior features high ceilings, tall windows, abundant natural light, and an existing HVAC system that can support a streamlined build-out. The property is suited to retail, wellness, professional services, and creative office uses as stated in the property information.
The ground level contains three commercial condos, with ten two-story residential condos above. The unit is next to A Secret Place Beauty Salon, while a Boba Tea Cafe and Yoga Studio are identified as coming soon at the opposite end of the complex. The corner placement and window exposure provide prominent visibility from the surrounding streets.
The ground level contains three commercial condos, with ten two-story residential condos above. The unit is next to A Secret Place Beauty Salon, while a Boba Tea Cafe and Yoga Studio are identified as coming soon at the opposite end of the complex. The corner placement and window exposure provide prominent visibility from the surrounding streets.
Key Highlights
- 1,585 SF corner retail condo in the Villa San Clemente Condo Complex
- Completed in 2022
- High ceilings and tall windows provide abundant natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,056
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,120
$561.1K
Cap Rate 7%
$400,800
$400.8K
Cap Rate 9%
$311,733
$311.7K
Market Conditions
NOI Build-Up for 1,585 SF
Gross rent
$41.8K $26.40/SF
− Vacancy
−$4.4K −$2.80/SF
EGI
$37.4K $23.60/SF
− OpEx
−$9.4K −$5.90/SF
NOI
$28.1K $17.70/SF
Area
Ventura County, CA
Vacancy
10.60%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,120
Cap Rate 7%
$400,800
Cap Rate 9%
$311,733
Alternative Uses
Best Use
Office B
$400.8K
$350.7K – $467.6K
NOI $28,056 @ 7.0% cap · market cap 3.74%
Second Best
Retail
$362.5K
$317.2K – $422.9K
NOI $25,376 @ 7.0% cap · market cap 3.38%
Theoretical Best
Office A
$544.1K
$476.1K – $634.8K
NOI $38,089 @ 7.0% cap · market cap 5.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,393
Businesses Nearby
Explore this area
Business Placement
Market
Average Price Trend$/SF for Retail space in Ventura, CA
Properties on Market for Retail space in Ventura
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Retail space - Built in 2022 with installed HVAC and expansive street-facing windows.
Where is this retail space located?
The property is located at 101-2176 E Main St Ventura, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1,585 SF corner retail condo in the Villa San Clemente Condo Complex; Completed in 2022; High ceilings and tall windows provide abundant natural light
