1090 G Street, Arcata, CA 95521
$1,420,000
Property Type:
Commercial
Square Footage:
5,191
Lot Size (sq. ft.):
11,326
Status:
Sold
Current Price:
$1,500,000
List Date:
1/13/2017
Last Modified:
9/09/2024
Overview
Description
Excellent corner location for this downtown Arcata 3 unit commercial income property. Busy foot traffic full of HSU students and others walking to and from the downtown plaza. Not to mention the busy vehicle traffic on this 4-way stop sign intersection. Great exposure and visibility for excellent retail sales! Long term tenants include the Jogg'N Shoppe and Barnes Arcata Family Drugs with the recent addition of New World Water. All lease are on a NNN basis (tenant pays for property taxes, insurance and maintenance). 2017 rate of return is 6.5%; then 6.7% for 2018; and 6.86% for 2019. (The rate of returns do not include capital reserves or property management expenses.) Total SQ FT is 5,191 sf as per site plan provided by seller.
Listing Details MLS# 246815
Listing Information
- Pended Date
- 2018-02-02
- Sold Date
- 2018-03-01
Property Description
- Type of Property
- Commercial
- Realtor.com Type
- Commercial
- Construction Status
- Existing
- Main House SqFt
- 5191
- Lot Acres
- 0.26
- Flood Zone
- No
- List Price/SqFt
- 288.96
- Sold Price/SqFt
- 273.55
Location Legal and Taxes
- Area
- North Bay
- House Number
- 1090
- Street Name
- G
- Street Suffix
- Street
- Sub-Area
- Arcata
- State
- CA
- Zip Code
- 95521
- Cross Street
- 11th Street
Directions and Remarks
- Directions
- Two Blocks off of the Arcata Plaza. Corner of 11th and G Streets across from Wells Fargo and Umpqua Bank.
Building Description
- Year Built
- 1960
- # Units
- 3
- Condition
- Fair
Square Footages
- Total Building SqFt
- 5191
- Retail SqFt
- 5191
More Information
Business
- Real Estate Included
- Yes
Location, Legal and Taxes
- APN
- 021-051-008
Zoning
- Commercial
- Yes
Possession
- At Close of Escrow
- Yes
Income & Expenses
- Net Operating Inc
- 98052
Type of Use
- Retail-Strip
- Yes
- Store Front
- Yes
Existing Use
- Retail Service
- Yes
Utilities
- Circuit Breaker
- Yes
- Electric
- Yes
- Gas
- Yes
- Telephone
- Yes
- 220 Volt
- Yes
Siding
- Brick/Concrete
- Yes
Location
- Central Business
- Yes
- Corner Lot
- Yes
Foundation
- Slab
- Yes
Construction
- Masonry/Block
- Yes
Financing Terms
- Cash
- Yes
- Conventional
- Yes
Parking
- 1 - 10 Spaces
- Yes
- On Site
- Yes
- Paved
- Yes
Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Exterior Amenities
- Public Trans
- Yes
- Sidewalks
- Yes
Flooring
- Carpeted
- Yes
Sale Includes
- Land & Building
- Yes
Property Features
Zoning:
Commercial
Type of Use:
Retail-Strip; Store Front
Existing Use:
Retail Service
Location:
Central Business; Corner Lot
Foundation:
Slab
Construction:
Masonry/Block
Siding:
Brick/Concrete
Parking:
1 - 10 Spaces; On Site; Paved
Exterior Amenities:
Public Trans; Sidewalks
Utilities:
220 Volt; Circuit Breaker; Electric; Gas; Telephone
Heating:
Forced Air; Natural Gas
Flooring:
Carpeted
Sale Includes:
Land & Building
Possession:
At Close of Escrow
Financing Terms:
Cash; Conventional
Listing Office:
C.B. Commercial Pacific Partners Real Estate
Last Updated: September - 09 - 2024
Broker Attribution:
pacificpartnerscommercial@gmail.com
Based on information from the Humboldt Association of REALTORS® (alternatively, from the Humboldt MS), as of (date the AOR/MLS data was obtained on
.) All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2020 (year) Humboldt Association of Realtors®. All rights reserved.
