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5232 Mad River Parkway, Arcata, CA 95521

$2,735,000
Property Type: Commercial Square Footage: 900 Lot Size (sq. ft.): 21,344 Status: Sold
Current Price: $2,735,000 List Date: 5/03/2023 Last Modified: 9/09/2024

Description

Entered for comp purposes only. Brand New Dutch Bros coffee with a 15 year lease. Seller developed the property. Seller developed the property for tenant. Sold at a 4.35% cap rate.

More Information MLS# 264119

Property Description

Realtor.com Type: Commercial Lot Size: .25 - .49 Acres Construction Status: New Accessory Dwelling Unit: No Lot Acres: 0.49 Flood Zone: Unknown List Price/SqFt: 3038.88 Cap Rate: 4 Sold Price/SqFt: 3038.88 Type of Property: Commercial Main House SqFt: 900

Building Description

Year Built: 2023 # Units: 1

Location, Legal and Taxes

APN: 507-531-018

Zoning

Commercial: 1

Possession

At Close of Escrow: 1

Square Footages

Total Building SqFt: 900

Business

Real Estate Included: Yes

Type of Use

Food Service: 1

Existing Use

Retail Service: 1

Location

Central Business: 1 Corner Lot: 1

Financing Terms

Conventional: 1

Parking

1 - 10 Spaces: 1

Sale Includes

Land & Building: 1

Listing Information

Status: Sold List Date: 2023-05-03 List Price: $2,735,000 Current Price: $2,735,000 Sold Date: 2023-05-03 Sold Price: $2,735,000

Location Legal and Taxes

Area: North Bay House Number: 5232 Street Name: Mad River Street Suffix: Parkway Sub-Area: Arcata State: CA Zip Code: 95521 Cross Street: Giuntoli

Property Features

Zoning: Commercial Type of Use: Food Service Existing Use: Retail Service Location: Central Business; Corner Lot Parking: 1 - 10 Spaces Sale Includes: Land & Building Possession: At Close of Escrow Financing Terms: Conventional
Listing Office: C.B. Commercial Pacific Partners Real Estate
IDX
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.