Main Street Commercial Property Ramona

Main Street Street, Ramona, CA 92065

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For Sale

$752,200

Commercial property in Ramona's Historic Old Town with investment potential.

Type:Retail

Property size:

3,500 SF

Price / SF:

$214/SF

Listing Contact

Jeff Gan

HighLights

Prime commercial property in the heart of Ramona's Commercial Core on Main Street.
Two units totaling 3,500 square feet, suitable for owner/users or investors.
RMV5 zoning: Highest Intensity Commercial.
On‑site parking with 10 spaces, plus street parking and rear alley access.
Located on the Main Street Promenade.
Includes 3 guest facilities.

Learn more

For Sale

$752,200

Commercial property in Ramona's Historic Old Town with investment potential.

Type:Retail

Property size:

3,500 SF

Price / SF:

$214/SF

Added:: Nov 29, 2023
Days on Market:: 925
Last Refresh:: May 12 at 8:43 pm

Property Features for Main Street Street

General Information

Standard status: Active
Size: 3,500 SF
Property subtype: Retail

Building Details

Year Built: 1950

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Listing Contact

Jeff Gan

Listing agent Jeff Gan

Listing office

Listing date Nov 29, 2023

Source Xome

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 Jeff Gan

HighLights

Prime commercial property in the heart of Ramona's Commercial Core on Main Street.
Two units totaling 3,500 square feet, suitable for owner/users or investors.
RMV5 zoning: Highest Intensity Commercial.
On‑site parking with 10 spaces, plus street parking and rear alley access.
Located on the Main Street Promenade.
Includes 3 guest facilities.

Overview

Located at 738/46 Main Street in Historic Old Town Ramona, this commercial property features two units totaling 3,500 square feet. Situated in the heart of Ramona's Commercial Core on the Main Street Promenade, it presents opportunities for owner-users or investors. The property benefits from rear alley access and on-site parking with 10 spaces, in addition to street parking. This versatile space is located in Ramona's thriving commercial district, offering a Main Street address for business and investment.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$84.0k	$24.00
− Vacancy	−$5.5k	−$1.56
EGI	$78.5k	$22.44
− OpEx	−$23.6k	−$6.73
NOI	$55.0k	$15.71

3,500 SF · lease $24.00/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use

Retail

$785.4K

$687.2K – $916.3K (±1% cap)

NOI $54,978 @ 7.0% cap · market cap 7.31%

Second Best

—

no second resolved use

Theoretical Best

Office A

$1.60M

$1.40M – $1.87M (±1% cap)

NOI $112,251 @ 7.0% cap · market cap 14.92%

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

Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Similar Places Nearby

Florist in Ramona CA — 677 Main St, Ramona, CA 92065
Gonzalez Flowers — 1158 Main St, Ramona, CA 92065
The Rusted Poppy — 621 Main St, Ramona, CA 92065
Albertsons Floral — 1459 Main St, Ramona, CA 92065
I Am Clover, Inc. — 1530 Main St Suite 2A, Ramona, CA 92065

Location Insight

Map
Local Demand

City: Ramona
County: San Diego
State: California
Longitude: -116.852
Latitude: 33.0538

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For sale
Storefront properties
CA
Ramona
92065
Main Street Street

What type of property is this?

Storefront property - Commercial property in Ramona's Historic Old Town with investment potential.

Where is this storefront property located?

The property is located at Main Street Street Ramona, CA.

What is the asking price?

The asking price for this property is $752,200.

What are key features of this property?

This property features: Prime commercial property in the heart of Ramona's Commercial Core on Main Street.; Two units totaling 3,500 square feet, suitable for owner/users or investors.; RMV5 zoning: Highest Intensity Commercial.