Historic Mixed-Use Victorian Rose
896 E Main Street Ventura, CA 93001
896 E Main Street, Ventura, CA, 93001
$1,450,000
For Sale
$1,450,000
Unique mixed-use property in Downtown San Buenaventura, near the beach.
Property Size5,307 SF
Price / SF$273.22
Days on Market458
Property Features for 896 E Main Street
General Information
- Standard status
- Active
- Size
- 5,307 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1888
Listing Agency
BHHS California Properties
(805) 479-2772
Listed by
Domonique Rodriguez · License #01493429
(805) 479-2772
Source
Exitrealty
Added: Apr 15, 2025 Checked: Jul 16 at 7:37 am
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 BHHS California Properties
Investment Insights
Based on property information with market context.
This rare, historic mixed-use property, formerly known as the Victorian Rose, is located on East Main Street in Downtown San Buenaventura, blocks from the beach, shopping, entertainment, and restaurants. The property features significant architecture and historical merit, with exquisite details such as stained glass windows, 26 ft high ceilings, hand-carved arches and wood details, and hardwood flooring. The Victorian-style sanctuary includes 5 suites and 5 bathrooms. The lower level includes 3 bedrooms, 1.5 bathrooms, a commercial-size kitchen, a common laundry room, a storage room, and a basement. Additionally, the property includes the 'pink Herbert House' at 27 S. Kalorama, a California Bungalow with 1 bedroom, 1 bathroom, a kitchen, and a private patio. The total property size is 5307 square feet and includes 9 bedrooms and 8.5 bathrooms. Potential uses include a residence, bed and breakfast, or income-producing business venture.
Key Highlights
- Historic Victorian building with significant architectural details, including stained glass, high ceilings, and hand‑carved wood.
- Mixed‑use property offering multiple possibilities: residence, Bed and Breakfast, or income‑producing business.
- Prime Downtown San Buenaventura location, close to the beach, shopping, entertainment, and restaurants.
Local Financial Insights For Mixed Use
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 | $159.2k | $30.00 |
| − Vacancy | −$12.7k | −$2.40 |
| EGI | $146.5k | $27.60 |
| − OpEx | −$54.9k | −$10.35 |
| NOI | $91.5k | $17.25 |
5,307 SF · lease $30.00/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$1.31M
$1.14M – $1.53M
NOI $91,546 @ 7.0% cap · market cap 6.31%
Second Best
Hotel Hospitality
$570.4K
$499.1K – $665.5K
NOI $39,930 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$3.20M
$2.80M – $3.74M
NOI $224,274 @ 7.0% cap · market cap 15.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bed & breakfasts
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Unique mixed-use property in Downtown San Buenaventura, near the beach.
Where is this mixed-use property located?
The property is located at 896 E Main Street Ventura, CA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Historic Victorian building with significant architectural details, including stained glass, high ceilings, and hand‑carved wood.; Mixed‑use property offering multiple possibilities: residence, Bed and Breakfast, or income‑producing business.; Prime Downtown San Buenaventura location, close to the beach, shopping, entertainment, and restaurants.
