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1385 8th Street, Arcata, CA 95521

$8,490,000
Property Type: Commercial Square Footage: 54,523 Lot Size (sq. ft.): 232,175 Status: Active
Current Price: $8,490,000 List Date: 8/26/2024 Last Modified: 12/28/2024

Description

The subject property is a 54,523 SF building mixed in use, ranging from office, medical and warehouse. The property is situated on 5.33 acres on three parcels, and located within the Arcata Gateway Project, allowing for additional development options. Nearby establishments include Holly Yashi, The Pub at The Creamery and the Arcata Playhouse. The property is fully leased with over $54,000 in monthly income, and could make a superb 1031 exchange.

More Information MLS# 267659

Listing Information

Status: Active List Date: 2024-08-26 List Price: $8,490,000 Current Price: $8,490,000

Property Description

Type of Property: Commercial Realtor.com Type: Commercial Construction Status: Existing Accessory Dwelling Unit: No Main House SqFt: 54523 Lot Size: 5 - 9.99 Acres Lot Acres: 5.33 Flood Zone: No List Price/SqFt: 155.71

Location Legal and Taxes

Area: North Bay House Number: 1385 Street Name: 8th Street Suffix: Street Sub-Area: Arcata State: CA Zip Code: 95521 Cross Street: N Street

Building Description

Year Built: 1988 Baths - Handicap Acc: Yes # Units: 11 Basement: None Condition: Good Historic Registry: No # of Floors: 2

Square Footages

Total Building SqFt: 54523

Business

Real Estate Included: Yes

Property Features

Zoning: Commercial; Light Industrial; Coastal Type of Use: Dist. Facility; Free Standing B; Light Manuf; Office Building; Warehouse Existing Use: Medical; Professional; Other Location: Central Business; Other-Spec in Remark Foundation: Slab Construction: Metal Roof: Metal Parking: Over 20 Spaces; On Site; Paved Exterior Amenities: Landscaping; Loading Dock; Major Road Access; Sidewalks Utilities: Electric; Gas; Internet; Telephone; Underground Utility Heating: Forced Air; Natural Gas Interior Amenities: Handicap Access; Handicap Restroom Flooring: Carpeted; Concrete Storage: Inside Sale Includes: Land & Building Possession: At Close of Escrow Financing Terms: Cash; Conventional
Listing Office: Wells Commercial R.E. & Investment
Last Updated: December - 28 - 2024
1385 8th Street, Arcata, CA 95521- MLS# 267659
Broker Attribution: 707.444.3624

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.