Downtown Ventura Mixed-Use
For Sale
$3,800,000
Pending
738 E Main Street, Ventura, CA 93001
Mixed-use property in downtown Ventura with retail and office spaces.
Property Size9,434 SF
Days on Market410
Property Features for 738 E Main Street
General Information
Standard status
Pending
Size
9,434 SF
Property subtype
Commercial/Industrial
Building Details
Year Built
1941
Listing Agency:
The Real Estate Company
(805) 652-0034
Listed By:
Linda Ward · License #01009934
(805) 340-7121
Source:
Exitrealty
Added: Aug 31, 2025
Changed: Sep 10
Last Checked: Sep 15 at 5:43AM
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 downtown Ventura, this property features a beauty salon, a book store, and office spaces. A gated atrium provides access to the office entrances, and there is an outside rear garden. The property also includes an adjoining parking lot.
Key Highlights
- Great downtown Ventura location
- Adjoining parking lot
- Gated atrium
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$166,993
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,339,860
$3.3M
Cap Rate 7%
$2,385,614
$2.4M
Cap Rate 9%
$1,855,478
$1.9M
Market Conditions
NOI Build-Up for 9,434 SF
Gross rent
$249.1K $26.40/SF
− Vacancy
−$26.4K −$2.80/SF
EGI
$222.7K $23.60/SF
− OpEx
−$55.7K −$5.90/SF
NOI
$167.0K $17.70/SF
Area
Ventura County, CA
Vacancy
10.60%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,339,860
Cap Rate 7%
$2,385,614
Cap Rate 9%
$1,855,478
Alternative Uses
Best Use
Office B
$2.39M
$2.09M – $2.78M
NOI $166,993 @ 7.0% cap · market cap 4.39%
Second Best
Retail
$2.16M
$1.89M – $2.52M
NOI $151,042 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$3.24M
$2.83M – $3.78M
NOI $226,706 @ 7.0% cap · market cap 5.97%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Under-served
Demand for This Use
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 Office in West region
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Frequently Asked Questions
What type of property is this?
Storefront property - Mixed-use property in downtown Ventura with retail and office spaces.
Where is this storefront property located?
The property is located at 738 E Main Street Ventura, CA.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Great downtown Ventura location; Adjoining parking lot; Gated atrium
