39 5th Street, Eureka, CA 95501
$763,700
Property Type:
Commercial
Square Footage:
6,920
Lot Size (sq. ft.):
4,792
Status:
Sold
Current Price:
$850,000
List Date:
5/03/2021
Last Modified:
9/09/2024
Overview
Description
Well diversified investment asset that could be sold to a business owner who may need office space near downtown Eureka or investor. The property is also located within cannabis zone. There are two office units on the ground floor (1,720 sf office is leased + 1,475 sf which is vacant), a separate 625 sf office that was originally a residence and can be converted back which is above the two-car garage and three (3) large 1-bedroom apartments upstairs. Current gross rental income with proforma rent is $6,775 per month with appx. $2,725 in proforma expenses.
Listing Details MLS# 258018
Listing Information
- Pended Date
- 2022-09-06
- Sold Date
- 2023-05-08
Property Description
- Type of Property
- Commercial
- Realtor.com Type
- Commercial
- Construction Status
- Existing
- Main House SqFt
- 6920
- Lot Acres
- 0.11
- Flood Zone
- No
- List Price/SqFt
- 122.83
- Sold Price/SqFt
- 110.36
Location Legal and Taxes
- Area
- South Bay
- House Number
- 39
- Street Name
- 5th
- Street Suffix
- Street
- Sub-Area
- Eureka
- State
- CA
- Zip Code
- 95501
- Cross Street
- B Street
Directions and Remarks
- Directions
- Hwy. 101 Northbound / 5th Street and cross street is B Street.
Building Description
- Year Built
- 1897
- # Units
- 7
Square Footages
- Total Building SqFt
- 6920
More Information
Business
- Real Estate Included
- Yes
Location, Legal and Taxes
- APN
- 001-072-007
Zoning
- Commercial
- Yes
- Other
- Yes
Possession
- At Close of Escrow
- Yes
Type of Use
- Other-Spec in Remark
- Yes
Existing Use
- Other
- Yes
Location
- Central Business
- Yes
- Corner Lot
- Yes
Financing Terms
- Cash
- Yes
- Conventional
- Yes
Sale Includes
- Land & Building
- Yes
Property Features
Zoning:
Commercial; Other
Type of Use:
Other-Spec in Remark
Existing Use:
Other
Location:
Central Business; Corner Lot
Sale Includes:
Land & Building
Possession:
At Close of Escrow
Financing Terms:
Cash; Conventional
Form (BPPP) ›
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.
