39 5th Street, Eureka, CA 95501 (MLS# 258018)


$763,700
39 5th Street
Eureka, CA 95501
MLS# 258018
Status: Sold
6920 sqft


39 5th Street, Eureka, CA 95501
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39 5th Street, Eureka, CA 95501

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 office 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.

Details
Documents
Listing Information
Status: Sold
List Date: 2020-12-18
List Price: $850,000
Current Price: $763,700
Sold Date: 2023-05-08
Sold Price: $763,700
Property Description
Type of Property: Commercial
Realtor.com Type: Commercial
Construction Status: Existing
Main House SqFt: 6920
Lot Size: City
Lot Acres: 0.11
Flood Zone: No
List Price/SqFt: 122.83
Sold Price/SqFt: 110.36
Location, Legal and Taxes
Area: South Bay
House Number: 39
Street Name: 5th
Street Suffix: Street
Sub-Area: Eureka
State: CA
Zip Code: 95501
Cross Street: B Street
APN: 001-072-007
Directions and Remarks
Directions: Hwy. 101 Northbound / 5th Street and cross street is B Street.
Building Description
Year Built: 1897
# Units: 7
Square Footages
Total Building SqFt: 6920
Business
Real Estate Included: Yes
Property Features
Zoning: Commercial; Other
Type of Use: Other-Spec in Remark
Existing Use: Other
Location: Central Business; Corner Lot
Sale Includes: Land & Building
Possession: At Close of Escrow
Financing Terms: Cash; Conventional

Listing Office: C.B. Commercial Pacific Partners Real Estate

Office Phone: 707-442-2222

Office Email: pacificpartnerscommercial@gmail.com

Listing Agent: Scott Pesch

Agent Phone: 707-442-2222

Agent Email: pacificpartnerscommercial@gmail.com

Agent Website: www.pacificpartnerscommercial.com

Last Updated: May - 22 - 2023

39 5th Street, Eureka, CA 95501 - MLS# 258018
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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.


Broker Attribution: pacificpartnerscommercial@gmail.com