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    916 Main St Venice, CA 90012

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    For Sale
    $22,500,000

    Mixed-use property with retail and creative office potential.

    Property size:
    11,613 SF
    Lot size:
    0.49 Acres

    Property Features for 916 Main St

    General Information

    Size
    11,613 SF
    Lot size
    0.49 Acres

    Source: Newmark - Los Angeles Agent Andrew Jennison

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Investment Opportunity in Venice

    This mixed-use property presents an investment opportunity with potential for retail and creative office space. The building is currently 13.8% leased, offering immediate upside through lease-up, repositioning, or adaptive reuse. The property allows for 33% of the building to be retail space, with the remaining square footage suitable for creative office use. The property features on-site parking and exceptional visibility. The building has a size of 11,613 square feet.
    Location Intelligence

    Current Use by Public Records

    Creative space

    Suggested Use

    Realty agency Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Venice
    County
    Los Angeles
    State
    California
    Longitude
    -118.2554297
    Latitude
    34.0410785

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail and creative office potential.
    Where is this mixed-use property located?
    The property is located at 916 Main St Venice, CA.
    What is the asking price?
    The asking price for this property is $22,500,000.
    What are key features of this property?
    This property features: - Exceptional visibility; - Immediate upside through lease-up, repositioning, or adaptive reuse.; - Rare mixed-use investment opportunity.
    (310) 980-1208
    Request Owner's contact information
    916 Main St Venice, CA 90012
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    Venice, CA 90012
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    Realmo Value Estimation

    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.

    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.

    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
    916 Main St Venice, CA 90012
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