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
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.
More Information MLS# 234097
Property Description
Realtor.com Type: Commercial
Lot Size: .5 - .74 Acres
Construction Status: Existing
Lot Acres: 0.66
Road Frontage: 180
Flood Zone: No
List Price/SqFt: 799.44
Sold Price/SqFt: 714.55
Type of Property: Commercial
Main House SqFt: 2624
Building Description
Year Built: 1980
Total Baths: 2
# Units: 1
Condition: Excellent
Location, Legal and Taxes
APN: 002-071-009
Zoning
Commercial: 1
Possession
Negotiable: 1
Square Footages
Total Building SqFt: 2624
Other SqFt: 2624
Business
Real Estate Included: Yes
Type of Use
Food Service: 1
Existing Use
Retail Service: 1
Other: 1
Location
Central Business: 1
Corner Lot: 1
Financing Terms
Cash: 1
Conventional: 1
Parking
Over 20 Spaces: 1
On Site: 1
Paved: 1
Exterior Amenities
Landscaping: 1
Major Road Access: 1
Public Trans: 1
Sidewalks: 1
Sale Includes
Land & Building: 1
Listing Information
Status: Sold
List Date: 2011-09-06
List Price: $2,097,731
Current Price: $1,875,000
Sold Date: 2012-08-31
Sold Price: $1,875,000
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.
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.
