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516 2nd Street, Eureka, CA 95501

$825,000
Property Type: Commercial Square Footage: 4,145 Lot Size (sq. ft.): 34,848 Status: Sold
Current Price: $849,000 List Date: 11/28/2022 Last Modified: 9/09/2024

Overview

Description

This historical piece of Eureka is looking for new owners. Built in 1878, this building has seen its share of uses. Since 2008 it has been run as Oberon Grill at which point the building went through major renovations and is built to last. A 60 year metal roof was put on at that time and is ready for solar. Features inside include the large dining and bar area with a capacity of 89. There is a mezzanine known as The Ruby Room which is often used for events and has a capacity of 49. The kitchen has been updated with new equipment within the last year and a half and there is a studio unit upstairs as well. The space is versatile and open, allowing for a variety of uses. Its location within sight of the gazebo is ideal for foot traffic and travelers. Outside seating established as well.

Listing Details MLS# 263295

Listing Information

Pended Date
2022-12-21
Sold Date
2023-03-06
Concession Remarks
Seller paid $36,000 to construction company for repair work.

Property Description

Type of Property
Commercial
Realtor.com Type
Commercial
Construction Status
Existing
Accessory Dwelling Unit
No
Main House SqFt
4145
Lot Acres
0.8
Flood Zone
No
List Price/SqFt
204.82
Sold Price/SqFt
199.03

Location Legal and Taxes

Area
South Bay
House Number
516
Street Name
2nd
Street Suffix
Street
Sub-Area
Eureka
State
CA
Zip Code
95501
Cross Street
F Street

Building Description

Year Built
1878
# Units
Yes
Condition
Very Good
# of Floors
2

Square Footages

Total Building SqFt
4145

Business

Business Description
Bar and Grill
Business Name
Oberon Grill
Real Estate Included
Yes
Inventory Included
Yes
Equip Included
Yes
License Incl
Yes

More Information

Location, Legal and Taxes

APN
001-091-002

Zoning

Commercial
Yes
Coastal
Yes

Possession

At Close of Escrow
Yes

Type of Use

Food Service
Yes

Existing Use

Other
Yes

Utilities

Electric
Yes
Gas
Yes
220 Volt
Yes

Siding

Wood
Yes

Location

Central Business
Yes
Interior Lot
Yes

Foundation

Concrete Perimeter
Yes
Post/Piers
Yes

Construction

Wood Frame
Yes

Roof

Metal
Yes

Insulation

Partially Insulated
Yes

Financing Terms

Cash
Yes
Conventional
Yes

Parking

None
Yes

Heating

Forced Air
Yes

Exterior Amenities

Alley
Yes
Sidewalks
Yes

Cooling

Air Conditioning
Yes

Flooring

Carpeted
Yes
Tile
Yes

Storage

100 + SqFt
Yes
Inside
Yes

Sale Includes

Land & Building
Yes
Other-Spec in Remark
Yes

Property Features

Zoning: Commercial; Coastal Type of Use: Food Service Existing Use: Other Location: Central Business; Interior Lot Foundation: Concrete Perimeter; Post/Piers Construction: Wood Frame Siding: Wood Roof: Metal Insulation: Partially Insulated Parking: None Exterior Amenities: Alley; Sidewalks Utilities: 220 Volt; Electric; Gas Heating: Forced Air Cooling: Air Conditioning Flooring: Carpeted; Tile Storage: 100 + SqFt; Inside Sale Includes: Land & Building; Other-Spec in Remark Possession: At Close of Escrow Financing Terms: Cash; Conventional
Listing Office: Coldwell Banker Cutten Realty
IDX
Last Updated: September - 09 - 2024
Broker Attribution: Nickbartlett113@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.