2828 O'Neil Lane, Eureka, CA 95503
$743,333
Property Type:
Commercial
Square Footage:
5,484
Lot Size (sq. ft.):
24,829
Status:
Sold
Current Price:
$850,000
List Date:
4/29/2019
Last Modified:
9/09/2024
Overview
Description
Enjoy the investor side of this beautiful professional office building located in a 'park-like' setting in the medical district. The 5,484 square feet (1st floor - 4,092sf + 2nd floor - 1,392sf) building has a great floor plan with 8 exam rooms and 8 offices, kitchen / lounge, receptionist area and separate receptionist office, 3 restrooms, large and open waiting area and an upstairs conference room. New heating units were put in about one year ago and new interior paint and flooring will be going in by September. There is a 5-year lease with St. Joseph Heritage Healthcare that expires on March 31, 2023 with a 3-year option. Great investment property for your investor and the owners will carry back the note. Escrow has been opened with Roxanne Bennett at Humboldt Land Title #167631
Listing Details MLS# 253665
Listing Information
- Pended Date
- 2019-06-26
- Sold Date
- 2019-08-30
Property Description
- Type of Property
- Commercial
- Realtor.com Type
- Commercial
- Construction Status
- Existing
- Main House SqFt
- 5484
- Lot Acres
- 0.57
- Road Frontage
- 222
- Flood Zone
- No
- Surveyed
- No
- Cap Rate
- 7
- List Price/SqFt
- 154.99
- Sold Price/SqFt
- 135.54
Location Legal and Taxes
- Area
- South Bay
- House Number
- 2828
- Street Name
- O'Neil
- Street Suffix
- Lane
- Sub-Area
- Eureka
- State
- CA
- Zip Code
- 95503
- Cross Street
- Harris Street
Directions and Remarks
- Directions
- Located on O'Neil Lane (off of Harris Street) behind Granada Senior Center.
Building Description
- Year Built
- 1983
- Total Baths
- 3
- # Units
- Yes
- Condition
- Excellent
- # of Floors
- 2
Square Footages
- Total Building SqFt
- 5484
- Office SqFt
- 5484
More Information
Business
- Real Estate Included
- Yes
Location, Legal and Taxes
- APN
- 016-241-056
Zoning
- Commercial
- Yes
- Neighborhood Comm
- Yes
Possession
- At Close of Escrow
- Yes
Income & Expenses
- Lease Expires
- 2023-03-31
- Signage
- Yes
- Renewal Options
- Yes
- Annual Income
- 76500
- Net Operating Inc
- 60000
Type of Use
- Free Standing B
- Yes
- Office Building
- Yes
Existing Use
- Medical
- Yes
Utilities
- Circuit Breaker
- Yes
- Electric
- Yes
- Gas
- Yes
- Telephone
- Yes
Location
- Corner Lot
- Yes
- Neighborhood
- Yes
- Office Park
- Yes
Financing Terms
- Cash
- Yes
- Conventional
- Yes
- Owner Carry 1st
- Yes
- Owner Carry 2nd
- Yes
Parking
- 11 - 20 Spaces
- Yes
- On Site
- Yes
- Paved
- Yes
Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Exterior Amenities
- Landscaping
- Yes
- Sidewalks
- Yes
Flooring
- Carpeted
- Yes
- Vinyl
- Yes
Sale Includes
- Land & Building
- Yes
Property Features
Zoning:
Commercial; Neighborhood Comm
Type of Use:
Free Standing B; Office Building
Existing Use:
Medical
Location:
Corner Lot; Neighborhood; Office Park
Parking:
11 - 20 Spaces; On Site; Paved
Exterior Amenities:
Landscaping; Sidewalks
Utilities:
Circuit Breaker; Electric; Gas; Telephone
Heating:
Forced Air; Natural Gas
Flooring:
Carpeted; Vinyl
Sale Includes:
Land & Building
Possession:
At Close of Escrow
Financing Terms:
Cash; Conventional; Owner Carry 1st; Owner Carry 2nd
Documents
Other - Public ›
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.
