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
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
More Information MLS# 253665
Property Description
Realtor.com Type: Commercial
Lot Size: .5 - .74 Acres
Construction Status: Existing
Lot Acres: 0.57
Road Frontage: 222
Flood Zone: No
Surveyed: No
List Price/SqFt: 154.99
Cap Rate: 7
Sold Price/SqFt: 135.54
Type of Property: Commercial
Main House SqFt: 5484
Building Description
Year Built: 1983
Total Baths: 3
# Units: 1
Condition: Excellent
# of Floors: 2
Location, Legal and Taxes
APN: 016-241-056
Zoning
Commercial: 1
Neighborhood Comm: 1
Possession
At Close of Escrow: 1
Income & Expenses
Lease Expires: 2023-03-31
Signage: Yes
Renewal Options: Yes
Annual Income: 76500
Net Operating Inc: 60000
Square Footages
Total Building SqFt: 5484
Office SqFt: 5484
Business
Real Estate Included: Yes
Type of Use
Free Standing B: 1
Office Building: 1
Existing Use
Medical: 1
Utilities
Circuit Breaker: 1
Electric: 1
Gas: 1
Telephone: 1
Location
Corner Lot: 1
Neighborhood: 1
Office Park: 1
Financing Terms
Cash: 1
Conventional: 1
Owner Carry 1st: 1
Owner Carry 2nd: 1
Parking
11 - 20 Spaces: 1
On Site: 1
Paved: 1
Heating
Forced Air: 1
Natural Gas: 1
Exterior Amenities
Landscaping: 1
Sidewalks: 1
Flooring
Carpeted: 1
Vinyl: 1
Sale Includes
Land & Building: 1
Listing Information
Status: Sold
List Date: 2019-04-29
List Price: $850,000
Current Price: $743,333
Sold Date: 2019-08-30
Sold Price: $743,333
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.
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.
