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
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.
More Information MLS# 258018
Property Description
Realtor.com Type: Commercial
Lot Size: City
Construction Status: Existing
Lot Acres: 0.11
Flood Zone: No
List Price/SqFt: 122.83
Sold Price/SqFt: 110.36
Type of Property: Commercial
Main House SqFt: 6920
Building Description
Year Built: 1897
# Units: 7
Location, Legal and Taxes
APN: 001-072-007
Zoning
Commercial: 1
Other: 1
Possession
At Close of Escrow: 1
Square Footages
Total Building SqFt: 6920
Business
Real Estate Included: Yes
Type of Use
Other-Spec in Remark: 1
Existing Use
Other: 1
Location
Central Business: 1
Corner Lot: 1
Financing Terms
Cash: 1
Conventional: 1
Sale Includes
Land & Building: 1
Listing Information
Status: Sold
List Date: 2020-12-18
List Price: $850,000
Current Price: $763,700
Sold Date: 2023-05-08
Sold Price: $763,700
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.
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.
