507 2nd Street, Eureka, CA 95501 (MLS# 268509)

507 2nd Street, Eureka, CA 95501

$1,250,000

Virtual Tour

https://sarahwagnerphoto.hd.pics/507-2nd-St/idx

Property Type: Commercial Square Footage: 4,400 Lot Size (sq. ft.): 2,178 Status: Active

Current Price: $1,250,000 List Date: 1/19/2025 Last Modified: 3/25/2026

Overview

Description

The Pearl Building with Luxury Apartment and Restaurant Five Eleven. Welcome to The Pearl, a stunning property rich in history and architectural significance. Originally built in 1872 as the Crystal Palace salon, this iconic building underwent a transformative Art Deco renovation in the 1950's. In 2004, The Pearl was completely restored, blending the best of old-world charm with modern luxury. The front 2200 sqft of the building has been meticulously restored, including a new foundation and earthquake retrofit, with every detail upgraded to meet current commercial standards. New framing, plumbing, electrical, and a 2-hour fire-rated structure ensure both safety and longevity. The interior features poured concrete floors, both upstairs and down, with radiant heat.

Supplements: The rear 2,200 sqft of the building, also constructed in 2004, offers three stories of modern luxury, crowned by a penthouse and expansive roof deck that provides breathtaking views of the marina, redwoods, and the Pacific Ocean. The location is unbeatable, nestled in the heart of Historic Old Town, just one building off the gazebo and only a bloc ... (Read more)

Listing Details MLS# 268509

Property Description

Type of Property: Commercial
Realtor.com Type: Commercial
Construction Status: Existing
Accessory Dwelling Unit: Yes
Main House SqFt: 4400
Lot Acres: 0.05
Flood Zone: No
List Price/SqFt: 284.09

Location Legal and Taxes

Area: South Bay
House Number: 507
Street Name: 2nd
Street Suffix: Street
Sub-Area: Eureka
State: CA
Zip Code: 95501
Cross Street: F

Directions and Remarks

Directions: 507 2nd Street, Eureka

ADU Detail

Occupied Y/N: No
Permitted Y/N: Yes
Attached Y/N: Yes
Electric Meter: Yes
Gas Meter: Yes
Beds: 3
Entry Level: Lower/Street

APN#

CC& R's: No

More Information

Building Description

Year Built: 2004
Total Baths: 4
# Units: 2
Condition: Excellent

Square Footages

Total Building SqFt: 4400
Retail SqFt: 2200
Other SqFt: 2200

Business

Real Estate Included: Yes

Interior Amenities

Earthquake Retro: Yes

Location, Legal and Taxes

APN: 001-123-004

ADU Type

ADU: Yes

ADU Kitchen Features

Dishwasher: Yes
Gas Cooktop: Yes
Gas Range: Yes
Granite Slab: Yes
Range Hood: Yes
Refrigerator: Yes

Zoning

Commercial: Yes

Possession

At Close of Escrow: Yes

Existing Use

Other: Yes

Utilities

Circuit Breaker: Yes
Electric: Yes
Gas: Yes

Location

Other-Spec in Remark: Yes

Financing Terms

Cash: Yes
Conventional: Yes

Heating

Radiant: Yes

Exterior Amenities

Alley: Yes

Cooling

None: Yes

Flooring

Concrete: Yes

Sale Includes

Land & Building: Yes

Property Features

ADU Type: ADU ADU Kitchen Features: Dishwasher; Gas Cooktop; Gas Range; Granite Slab; Range Hood; Refrigerator Zoning: Commercial Existing Use: Other Location: Other-Spec in Remark Exterior Amenities: Alley Utilities: Circuit Breaker; Electric; Gas Heating: Radiant Cooling: None Flooring: Concrete Sale Includes: Land & Building Possession: At Close of Escrow Financing Terms: Cash; Conventional

Listing Office: Land X Real Estate Inc.

Last Updated: March - 25 - 2026

Broker Attribution: nathan@landxinc.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.