Retail Building with Apartment
For Sale
$395,000
2461 W Main St, Barstow, CA 92311
Retail building plus five apartment units on large lot.
Property Size1,000 SF
Lot Size1.04 Acres
Price / SF$395
Days on Market98
Property Features for 2461 W Main St
General Information
Standard status
Active
Size
1,000 SF
Lot size
1.04 Acres
Property subtype
Commercial
Building Details
Year Built
1971
Listing Agency:
Giving Tree Realty Group Inc
(714) 878-2335
Listed By:
Shannon Sung · License #DRE01290795
(714) 878-2335
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 29 at 6:58AM
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 Giving Tree Realty Group Inc
Investment Insights
Based on property information with market context.
This property features a freestanding retail building of approximately 1,000 square feet, which previously operated as a retail bar. Additionally, there is a five-unit apartment building. Both structures are in need of repair. The property is situated on a lot of approximately 45,302 square feet. According to public records, the current zoning is Commercial and Industrial. An attached parcel featuring a single-story home with 4 bedrooms and 2 bathrooms, measuring 1,380 square feet and also in need of repair, can be sold together with the main property. The bike score is 17, indicating it is somewhat bikeable. The walk score is 0, indicating car-dependent accessibility. The transit score is 29, indicating some transit options are available.
Key Highlights
- Large lot size: Approximately 45,302 sq ft of land.
- Commercial and Industrial Zoning: Offers versatile usage possibilities.
- Retail Building: Includes an existing approx. 1,000 sq ft free‑standing retail building (previously a bar).
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.6k | $21.60 |
| − Vacancy | −$1.1k | −$1.12 |
| EGI | $20.5k | $20.48 |
| − OpEx | −$6.1k | −$6.14 |
| NOI | $14.3k | $14.33 |
1,000 SF · lease $21.60/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$204.8K
$179.2K – $238.9K
NOI $14,334 @ 7.0% cap · market cap 3.63%
Second Best
Apartment 5plus
$126.5K
$110.7K – $147.6K
NOI $8,853 @ 7.0% cap · market cap 2.24%
Theoretical Best
Office A
$210.9K
$184.6K – $246.1K
NOI $14,765 @ 7.0% cap · market cap 3.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92311, CA
34,524
Population
13,707
Households
2.5
Avg Household Size
33
Median Age
11%
College-Educated
84%
High-School Grad
424.4 sq mi
ZIP Area
81
Density / Sq Mi
$59,338
Median Household Income
$38,871
Median Earnings
$1,081
Median Rent
$217,500
Median Home Value
Market
Vacancy Rate% for Multifamily 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?
Storefront property - Retail building plus five apartment units on large lot.
Where is this storefront property located?
The property is located at 2461 W Main St Barstow, CA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Large lot size: Approximately 45,302 sq ft of land.; Commercial and Industrial Zoning: Offers versatile usage possibilities.; Retail Building: Includes an existing approx. 1,000 sq ft free‑standing retail building (previously a bar).
