39 5th St, Eureka, CA

Others for Sale - $850,000 - 6,920 Sq. Ft. on 0.11 acres

Agent Info

Scott Pesch
Coldwell Banker Commercial Pacific Partners Real Estate

Property Info

  39 5th St
  Eureka CA 95501
UpdatedMarch 17th, 2021
Building6,920 Sq. Ft.
Land0.11 acres


Property Description

Well diversified investment asset that could be sold to a business owner - user who may need office space near downtown Eureka. The property is also located within cannabis zone. There are two office units on the ground floor (1,720 sf + 1,475 sf), a separate 625 sf office that was originally a residence and can be easily converted back which is above the two-car garage and three (3) large 1-bedroom apartments upstairs. Current gross rental income with proforma rent is $6,775 per month with appx. $2,725 in proforma expenses. The office tenant (all units) will be relocating out of the property on February 1, 2021.

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