417 S Street, Eureka, CA 95501
$1,875,000
Property Type:
Commercial
Square Footage:
2,624
Lot Size (sq. ft.):
28,750
Status:
Sold
Current Price:
$2,097,731
List Date:
9/06/2011
Last Modified:
9/09/2024
Overview
Description
Excellent investment opportunity with a full NNN lease where all expenses are paid for by Tenant. There is 8+ years remaining on the 15 year lease and the Tenant has 1 X 20 year option. The parcel size is .66 acres with a drive-through and the restaurant is 2,624 sq ft. Pricing reflects a 7% return on the income. Contact agent for more details. Business is not for sale.
Listing Details MLS# 234097
Listing Information
- Pended Date
- 2012-05-24
- Sold Date
- 2012-08-31
Property Description
- Type of Property
- Commercial
- Realtor.com Type
- Commercial
- Construction Status
- Existing
- Main House SqFt
- 2624
- Lot Acres
- 0.66
- Road Frontage
- 180
- Flood Zone
- No
- List Price/SqFt
- 799.44
- Sold Price/SqFt
- 714.55
Location Legal and Taxes
- Area
- South Bay
- House Number
- 417
- Street Name
- S
- Street Suffix
- Street
- Sub-Area
- Eureka
- State
- CA
- Zip Code
- 95501
- Cross Street
- Hwy. 1010
Directions and Remarks
- Directions
- Located on the corner of Hwy. 101 (Northbound) and S Streets.
Building Description
- Year Built
- 1980
- Total Baths
- 2
- # Units
- Yes
- Condition
- Excellent
Square Footages
- Total Building SqFt
- 2624
- Other SqFt
- 2624
More Information
Business
- Real Estate Included
- Yes
Location, Legal and Taxes
- APN
- 002-071-009
Zoning
- Commercial
- Yes
Possession
- Negotiable
- Yes
Type of Use
- Food Service
- Yes
Existing Use
- Retail Service
- Yes
- Other
- Yes
Location
- Central Business
- Yes
- Corner Lot
- Yes
Financing Terms
- Cash
- Yes
- Conventional
- Yes
Parking
- Over 20 Spaces
- Yes
- On Site
- Yes
- Paved
- Yes
Exterior Amenities
- Landscaping
- Yes
- Major Road Access
- Yes
- Public Trans
- Yes
- Sidewalks
- Yes
Sale Includes
- Land & Building
- Yes
Property Features
Zoning:
Commercial
Type of Use:
Food Service
Existing Use:
Retail Service; Other
Location:
Central Business; Corner Lot
Parking:
Over 20 Spaces; On Site; Paved
Exterior Amenities:
Landscaping; Major Road Access; Public Trans; Sidewalks
Sale Includes:
Land & Building
Possession:
Negotiable
Financing Terms:
Cash; Conventional
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.
