24 East Main Street

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24 East Main Street

Ventura, CA 93001
Asking Price
$3.75M
Cap Rate
3.04%
Asset Type
Traditional Office Office
Class
Class B

What's Special

<p><strong>Trophy Downtown Ventura Location</strong></p><ul><li>​<ul><li>​Located directly on East Main Street, Ventura's premier retail and entertainment corridor.</li><li>​Highly visible storefront frontage in the center of Ventura's historic downtown district. </li></ul></li></ul><p><strong>Diversified Income Stream</strong></p><ul><li>​<ul><li>​Opportunity for multiple retail, restaurant, office, and service-oriented tenants.</li><li>​Reduces reliance on a single tenant and enhances income s

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NOI
$80,000
Cap Rate
2.13%
DSCR
0.36
Underwater
Cash-on-Cash
-12.68%
Monthly Payment
$18,552.954
Annual Cash Flow
$-142,635.447

Location & Travel Times