Office and Creative
For Sale
$1,350,000
1094 East Main Street, Ventura, CA 93001
2,933 SF office/creative building with an open floor plan and ample natural light in Downtown Ventura.
Property Size2,933 SF
Price / SF$460.28
Days on Market114
Property Features for 1094 East Main Street
General Information
Standard status
Active
Size
2,933 SF
Class
A
Property subtype
Office
Building Details
Building Size
2,933 SF
Listing Agency:
The Becker Group Inc
Listed By:
Jeffrey R. Becker CCIM . CPM . RPA · License #01213236
(805) 653-6794
Source:
Beckergrp
Added: May 14
Changed: Sep 2
Last Checked: Sep 4 at 4:36AM
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 The Becker Group Inc
Investment Insights
Based on property information with market context.
Located at 1094 East Main Street in Downtown Ventura, this 2,933 SF building is offered for sale as an office and creative space. The interior is described as having a versatile layout with an open floor plan and ample natural light, supporting flexible configuration for a range of office or creative uses.
The property is positioned in Ventura’s downtown area, near a range of local businesses. It is presented as a multifunctional space suitable for office/creative investors seeking a layout that can be customized.
No additional unit breakdown, leasing history, or specific improvements are provided in the available information.
The property is positioned in Ventura’s downtown area, near a range of local businesses. It is presented as a multifunctional space suitable for office/creative investors seeking a layout that can be customized.
No additional unit breakdown, leasing history, or specific improvements are provided in the available information.
Key Highlights
- 1094 E Main St in Downtown Ventura
- 2,933 SF office/creative building
- Open floor plan designed for versatile office/creative use
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$103,180
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,063,600
$2.1M
Cap Rate 7%
$1,474,000
$1.5M
Cap Rate 9%
$1,146,444
$1.1M
Market Conditions
NOI Build-Up for 2,933 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$164.4K $56.04/SF
− Vacancy
−$26.8K −$9.13/SF
EGI
$137.6K $46.91/SF
− OpEx
−$34.4K −$11.73/SF
NOI
$103.2K $35.18/SF
Area
Santa Clara County, CA
Vacancy
16.30%
Lease Rate
$56.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,063,600
Cap Rate 7%
$1,474,000
Cap Rate 9%
$1,146,444
Alternative Uses
Best Use
Office B
$1.47M
$1.29M – $1.72M
NOI $103,180 @ 7.0% cap · market cap 7.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.77M
$1.55M – $2.07M
NOI $123,949 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 93001, CA
33,859
Population
14,705
Households
2.3
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
96.6 sq mi
ZIP Area
351
Density / Sq Mi
$86,310
Median Household Income
$45,023
Median Earnings
$1,881
Median Rent
$760,700
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Creative space - 2,933 SF office/creative building with an open floor plan and ample natural light in Downtown Ventura.
Where is this creative space located?
The property is located at 1094 East Main Street Ventura, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 1094 E Main St in Downtown Ventura; 2,933 SF office/creative building; Open floor plan designed for versatile office/creative use
