Property Listing No Longer Available for Sale

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
UpdatedMarch 11th, 2022
TypeOthers
Price$850,000
Building6,920 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.


Financials