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
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.
More Information MLS# 246815
Property Description
Realtor.com Type: Commercial
Lot Size: .25 - .49 Acres
Construction Status: Existing
Lot Acres: 0.26
Flood Zone: No
List Price/SqFt: 288.96
Sold Price/SqFt: 273.55
Type of Property: Commercial
Main House SqFt: 5191
Building Description
Year Built: 1960
# Units: 3
Condition: Fair
Location, Legal and Taxes
APN: 021-051-008
Zoning
Commercial: 1
Possession
At Close of Escrow: 1
Income & Expenses
Net Operating Inc: 98052
Square Footages
Total Building SqFt: 5191
Retail SqFt: 5191
Business
Real Estate Included: Yes
Type of Use
Retail-Strip: 1
Store Front: 1
Existing Use
Retail Service: 1
Utilities
Circuit Breaker: 1
Electric: 1
Gas: 1
Telephone: 1
220 Volt: 1
Siding
Brick/Concrete: 1
Location
Central Business: 1
Corner Lot: 1
Foundation
Slab: 1
Construction
Masonry/Block: 1
Financing Terms
Cash: 1
Conventional: 1
Parking
1 - 10 Spaces: 1
On Site: 1
Paved: 1
Heating
Forced Air: 1
Natural Gas: 1
Exterior Amenities
Public Trans: 1
Sidewalks: 1
Flooring
Carpeted: 1
Sale Includes
Land & Building: 1
Listing Information
Status: Sold
List Date: 2017-01-13
List Price: $1,500,000
Current Price: $1,420,000
Sold Date: 2018-03-01
Sold Price: $1,420,000
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.
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.
