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
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%.
More Information MLS# 249277
Property Description
Realtor.com Type: Commercial
Lot Size: Oversized
Construction Status: Existing
Lot Acres: 0.3
Flood Zone: No
List Price/SqFt: 141.17
Sold Price/SqFt: 129.41
Type of Property: Commercial
Main House SqFt: 8500
Building Description
Year Built: 1991
# Units: 11
Condition: Excellent
# of Floors: 2
Location, Legal and Taxes
APN: 001-175-009
Zoning
Commercial: 1
Possession
At Close of Escrow: 1
Income & Expenses
Adjusted Gross Inc: 130992
Net Operating Inc: 87896
Total Expenses: 43096
Square Footages
Total Building SqFt: 8500
Office SqFt: 8500
Business
Real Estate Included: Yes
Type of Use
Free Standing B: 1
Office Building: 1
Existing Use
Professional: 1
Siding
Horizontal: 1
Wood: 1
Location
Central Business: 1
Corner Lot: 1
Foundation
Slab: 1
Construction
Wood Frame: 1
Roof
Other: 1
Financing Terms
Cash: 1
Conventional: 1
Parking
11 - 20 Spaces: 1
On Site: 1
Paved: 1
Heating
Forced Air: 1
Natural Gas: 1
Exterior Amenities
Alley: 1
Landscaping: 1
Major Road Access: 1
Public Trans: 1
Sidewalks: 1
Interior Amenities
Elevator: 1
Cooling
Air Conditioning: 1
Flooring
Carpeted: 1
Sale Includes
Land & Building: 1
Listing Information
Status: Sold
List Date: 2017-11-03
List Price: $1,200,000
Current Price: $1,100,000
Sold Date: 2018-01-22
Sold Price: $1,100,000
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.
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.
