1103/1109 Main Street, Fortuna, CA 95540
$494,000
Property Type:
Commercial
Square Footage:
6,116
Lot Size (sq. ft.):
6,534
Status:
Sold
Current Price:
$550,000
List Date:
4/09/2024
Last Modified:
9/09/2024
Description
Prime commercial investment opportunity located in downtown Fortuna, perfect for savvy investors seeking steady rental income. This real estate property consists of three separately metered units with established tenants: The Playroom Bar, Main Fitness Studio, and Bliss Salon. The units are in excellent condition, and the exterior has recently been updated. With a gross rent of $4,150 per month, this property is a lucrative investment. Positioned at the corner of 11th & Main, the businesses benefit from high visibility during the city's numerous events and festivals. Convenient access to city parking and off-street parking adds to the property's appeal. Investing in Fortuna's business-friendly community is a smart move for long-term financial growth.
More Information MLS# 266456
Property Description
Realtor.com Type: Commercial
Lot Size: City
Construction Status: Existing
Accessory Dwelling Unit: No
Lot Acres: 0.15
Road Frontage: 60
Flood Zone: Unknown
Surveyed: No
List Price/SqFt: 89.93
Sold Price/SqFt: 80.77
Type of Property: Commercial
Main House SqFt: 6116
Building Description
Year Built: 1943
# Units: 3
Location, Legal and Taxes
APN: 040-203-017
Zoning
Commercial: 1
Possession
At Close of Escrow: 1
Income & Expenses
Signage: No
Gross Income: 47400
Square Footages
Total Building SqFt: 6116
Business
Real Estate Included: Yes
Existing Use
None: 1
Siding
Other: 1
Location
Corner Lot: 1
Roof
Membrane: 1
Financing Terms
Cash: 1
Conventional: 1
Parking
None: 1
Flooring
Laminate: 1
Sale Includes
Land & Building: 1
Listing Information
Status: Sold
List Date: 2024-04-08
List Price: $550,000
Current Price: $494,000
Sold Date: 2024-06-11
Sold Price: $494,000
Location Legal and Taxes
Area: Mid County
House Number: 1103/1109
Street Name: Main
Street Suffix: Street
Sub-Area: Fortuna
State: CA
Zip Code: 95540
Cross Street: 11th
Directions and Remarks
Directions: Corner of 11th and Main Fortuna
Property Features
Zoning: Commercial
Existing Use: None
Location: Corner Lot
Siding: Other
Roof: Membrane
Parking: None
Flooring: Laminate
Sale Includes: Land & Building
Possession: At Close of Escrow
Financing Terms: Cash; Conventional
Listing Office:
Corcoran Icon Properties Arcata
Last Updated: September - 09 - 2024
Broker Attribution:
Joshua.cook@corcoranicon.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.
