Mid-Town Retail and Residential
For Sale
$1,100,000
1723 E Main St, Ventura, CA 93001
Retail spaces, studio apartment, and parking in mid-town Ventura.
Property Size3,000 SF
Price / SF$366.67
Days on Market320
Property Features for 1723 E Main St
General Information
Standard status
Active
Size
3,000 SF
Building Details
Year Built
1940
Listing Agency:
The Real Estate Company
Listed By:
Linda Ward · License #01009934
(805) 648-3707
Source:
Myfabuloushome
Added: Nov 28, 2025
Changed: Oct 3
Last Checked: Oct 7 at 1:42PM
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 Real Estate Company
Investment Insights
Based on property information with market context.
Located in the mid-town area of Ventura, this property includes a beauty salon and a dance studio. It also features a separate studio apartment and a parking lot located in the rear of the building. The property is suitable for retail and residential income purposes.
Key Highlights
- Includes a beauty salon and dance studio.
- Separate studio apartment included.
- Located in the mid‑town area of Ventura.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,031
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$960,620
$960.6K
Cap Rate 7%
$686,157
$686.2K
Cap Rate 9%
$533,678
$533.7K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$72.0K $24.00/SF
− Vacancy
−$3.4K −$1.13/SF
EGI
$68.6K $22.87/SF
− OpEx
−$20.6K −$6.86/SF
NOI
$48.0K $16.01/SF
Area
Ventura County, CA
Vacancy
4.70%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$960,620
Cap Rate 7%
$686,157
Cap Rate 9%
$533,678
Alternative Uses
Best Use
Retail
$686.2K
$600.4K – $800.5K
NOI $48,031 @ 7.0% cap · market cap 4.37%
Second Best
Apartment 5plus
$677.4K
$592.8K – $790.4K
NOI $47,421 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$1.03M
$901.2K – $1.20M
NOI $72,092 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Retail space - Retail spaces, studio apartment, and parking in mid-town Ventura.
Where is this retail space located?
The property is located at 1723 E Main St Ventura, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Includes a beauty salon and dance studio.; Separate studio apartment included.; Located in the mid‑town area of Ventura.
