Single-Story Retail/Office
924 East Main Street Santa Paula, CA 93060
924 East Main Street, Santa Paula, CA, 93060
$875,000
For Sale
$875,000
Single-story building with street-facing storefront windows and rear alley access in the CBD zone.
Property Size3,250 SF
Price / SF$269.23
Days on Market673
Property Features for 924 East Main Street
General Information
- Standard status
- Active
- Size
- 3,250 SF
- Property subtype
- Commercial Sale / Mixed Use
Listing agency
Century 21 Masters
(805) 256-5088
Listed by
Cynthia Aguilar · License #01839891
(805) 256-5088
Source
Compass
Added: Sep 19, 2024 Updated: Jul 23 at 2:48AM Checked: Jul 23 at 2:48AM
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 Century 21 Masters
Investment Insights
Based on property information with market context.
A single-story commercial building offers expansive street-facing windows and a versatile interior suited for retail, office, or specialty use. The property includes a rear alley entrance that provides an additional point of access.
The building is located in Santa Paula’s Downtown Historic District, within a commercial corridor that includes nearby museums and entertainment options. Public parking is available both in front of and behind the building.
Zoning is CBD per city records. The layout is designed to support a storefront presence while maintaining flexibility for multiple commercial uses.
The building is located in Santa Paula’s Downtown Historic District, within a commercial corridor that includes nearby museums and entertainment options. Public parking is available both in front of and behind the building.
Zoning is CBD per city records. The layout is designed to support a storefront presence while maintaining flexibility for multiple commercial uses.
Key Highlights
- 3,250 SF single‑story commercial building (per public records) in Downtown Santa Paula
- Street‑facing storefront windows provide expansive front visibility
- Zoned CBD (per city records) with flexible interior suited for retail, office, or specialty use
Local Financial Insights For Office B
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 | $85.8k | $26.40 |
| − Vacancy | −$9.1k | −$2.80 |
| EGI | $76.7k | $23.60 |
| − OpEx | −$19.2k | −$5.90 |
| NOI | $57.5k | $17.70 |
3,250 SF · lease $26.40/SF/yr · vacancy 10.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$821.8K
$719.1K – $958.8K
NOI $57,529 @ 7.0% cap · market cap 6.57%
Second Best
Retail
$743.3K
$650.4K – $867.2K
NOI $52,034 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$1.12M
$976.3K – $1.30M
NOI $78,100 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Servisony
Electronics Engineer
Similar For Sale Nearby
Similar Off Market Nearby
- Texis Flower Shop — 201 s 10th st unit f, santa paula, ca 93060
- Texis Flower Shop — 834 E Main St, Santa Paula, CA 93060
- Irma's Flowers — 17951 E Telegraph Rd B, Santa Paula, CA 93060
FAQs
What type of property is this?
Storefront property - Single-story building with street-facing storefront windows and rear alley access in the CBD zone.
Where is this storefront property located?
The property is located at 924 East Main Street Santa Paula, CA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 3,250 SF single‑story commercial building (per public records) in Downtown Santa Paula; Street‑facing storefront windows provide expansive front visibility; Zoned CBD (per city records) with flexible interior suited for retail, office, or specialty use
