39 5th St, Eureka, CA
Others for Sale - $850,000 - 6,920 Sq. Ft.
Property Info
CIMLS# | 1086561 |
Location 39 5th St Eureka CA 95501 | |
Updated | March 11th, 2022 |
Type | Others |
Price | $850,000 |
Building | 6,920 Sq. Ft. |
Property Description
Well diversified investment asset that could be sold to a business owner who may need office space near downtown Eureka or investor. The property is also located within cannabis zone. There are two office units on the ground floor (1,720 sf that is leased + 1,475 sf which is vacant), a separate 625 sf office that was originally a residence and can be 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.