507 2nd Street, Eureka, CA 95501
$1,250,000
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:
10/29/2025
Description
The Pearl Building with Luxury Apartment.
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 block from the waterfront. The first floor showcases a sleek, modern design with custom finishes throughout, while the second floor is a spacious 2,200 sqft home, featuring 16-foot ceilings, glass railings, and exotic granite countertops. The primary bedroom boasts stunning bay views, making it the perfect sanctuary to enjoy the sights and sounds of this extraordinary location. The Pearl combines the grandeur of the past with the conveniences of modern living, offering a one-of-a-kind opportunity to own a piece of history in the most desirable part of town. Short Term Vacation Rental Permit completed and approved!
More Information MLS# 268509
Property Description
Realtor.com Type: Commercial
Lot Size: City
Construction Status: Existing
Accessory Dwelling Unit: Yes
Lot Acres: 0.05
Flood Zone: No
List Price/SqFt: 284.09
Type of Property: Commercial
Main House SqFt: 4400
Building Description
Year Built: 2004
Total Baths: 4
# Units: 2
Condition: Excellent
Location, Legal and Taxes
APN: 001-123-004
ADU Type
ADU: 1
ADU Detail
Occupied Y/N: No
Permitted Y/N: Yes
Attached Y/N: Yes
Electric Meter: Yes
Gas Meter: Yes
Beds: 3
Baths: 2
Entry Level: Lower/Street
ADU Kitchen Features
Dishwasher: 1
Gas Cooktop: 1
Gas Range: 1
Granite Slab: 1
Range Hood: 1
Refrigerator: 1
APN#
CC& R's: No
Zoning
Commercial: 1
Possession
At Close of Escrow: 1
Square Footages
Total Building SqFt: 4400
Retail SqFt: 2200
Other SqFt: 2200
Business
Real Estate Included: Yes
Existing Use
Other: 1
Utilities
Circuit Breaker: 1
Electric: 1
Gas: 1
Location
Other-Spec in Remark: 1
Financing Terms
Cash: 1
Conventional: 1
Heating
Radiant: 1
Exterior Amenities
Alley: 1
Interior Amenities
Earthquake Retro: Yes
Cooling
None: 1
Flooring
Concrete: 1
Sale Includes
Land & Building: 1
Listing Information
Status: Active
List Date: 2025-01-19
List Price: $1,250,000
Current Price: $1,250,000
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
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: October - 29 - 2025
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.
