922 3rd Street, Eureka, CA 95501
$1,100,000
Property Type:
Commercial
Square Footage:
8,500
Lot Size (sq. ft.):
13,068
Status:
Sold
Current Price:
$1,200,000
List Date:
11/06/2017
Last Modified:
9/09/2024
Overview
Description
Very nice professional office building located in downtown Eureka. Excellent location within 1 block of County Courthouse / County Offices and 2 blocks from City Hall. Enjoy this well-kept office building that is an investors dream. State of CA is occupying the entire downstairs with 6+ years remaining on their lease who has been there since the property was built in the 1991. Upstairs has 10 separate offices with 6 tenants (some have multiple offices) to help diversify the income. Property has had only one owner who has taken excellent care of the position. Includes an elevator and its own adjacent parking lot. The rate of return is over 7%.
Listing Details MLS# 249277
Listing Information
- Pended Date
- 2017-12-21
- Sold Date
- 2018-01-22
Property Description
- Type of Property
- Commercial
- Realtor.com Type
- Commercial
- Construction Status
- Existing
- Main House SqFt
- 8500
- Lot Acres
- 0.3
- Flood Zone
- No
- List Price/SqFt
- 141.17
- Sold Price/SqFt
- 129.41
Location Legal and Taxes
- Area
- South Bay
- House Number
- 922
- Street Name
- 3rd
- Street Suffix
- Street
- Sub-Area
- Eureka
- State
- CA
- Zip Code
- 95501
- Cross Street
- K Street
Directions and Remarks
- Directions
- Corner of 3rd and K Streets in downtown Eureka.
Building Description
- Year Built
- 1991
- # Units
- 11
- Condition
- Excellent
- # of Floors
- 2
Square Footages
- Total Building SqFt
- 8500
- Office SqFt
- 8500
More Information
Business
- Real Estate Included
- Yes
Location, Legal and Taxes
- APN
- 001-175-009
Zoning
- Commercial
- Yes
Possession
- At Close of Escrow
- Yes
Income & Expenses
- Adjusted Gross Inc
- 130992
- Net Operating Inc
- 87896
- Total Expenses
- 43096
Type of Use
- Free Standing B
- Yes
- Office Building
- Yes
Existing Use
- Professional
- Yes
Siding
- Horizontal
- Yes
- Wood
- Yes
Location
- Central Business
- Yes
- Corner Lot
- Yes
Foundation
- Slab
- Yes
Construction
- Wood Frame
- Yes
Roof
- Other
- Yes
Financing Terms
- Cash
- Yes
- Conventional
- Yes
Parking
- 11 - 20 Spaces
- Yes
- On Site
- Yes
- Paved
- Yes
Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Exterior Amenities
- Alley
- Yes
- Landscaping
- Yes
- Major Road Access
- Yes
- Public Trans
- Yes
- Sidewalks
- Yes
Interior Amenities
- Elevator
- Yes
Cooling
- Air Conditioning
- Yes
Flooring
- Carpeted
- Yes
Sale Includes
- Land & Building
- Yes
Property Features
Zoning:
Commercial
Type of Use:
Free Standing B; Office Building
Existing Use:
Professional
Location:
Central Business; Corner Lot
Foundation:
Slab
Construction:
Wood Frame
Siding:
Horizontal; Wood
Roof:
Other
Parking:
11 - 20 Spaces; On Site; Paved
Exterior Amenities:
Alley; Landscaping; Major Road Access; Public Trans; Sidewalks
Heating:
Forced Air; Natural Gas
Cooling:
Air Conditioning
Interior Amenities:
Elevator
Flooring:
Carpeted
Sale Includes:
Land & Building
Possession:
At Close of Escrow
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.
