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
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.