507 2nd ST, Eureka, CA 95501
507 2nd ST, Eureka, CA 95501
507 2nd ST, Eureka, CA 95501
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$1,250,000
Est. payment /mo
4 Baths
4,400 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,400 sqft

Price per Sqft $284

MLS Listing ID 268509

Year Built 2004

Lot Size 2,178 Sqft

Acres 0.05

Property Sub-Type Commercial

Source Humboldt Association of REALTORS®

Property Description

The Pearl Building with Luxury Apartment and Restaurant Five Eleven.

Welcome to The Pearl, a stunning property rich in history and architectural significance. Originally built in 1872 as the Crystal Palace salon, this iconic building underwent a transformative Art Deco renovation in the 1950's. In 2004, The Pearl was completely restored, blending the best of old-world charm with modern luxury.

The front 2200 sqft of the building has been meticulously restored, including a new foundation and earthquake retrofit, with every detail upgraded to meet current commercial standards. New framing, plumbing, electrical, and a 2-hour fire-rated structure ensure both safety and longevity. The interior features poured concrete floors, both upstairs and down, with radiant heat. The rear 2,200 sqft of the building, also constructed in 2004, offers three stories of modern luxury, crowned by a penthouse and expansive roof deck that provides breathtaking views of the marina, redwoods, and the Pacific Ocean. The location is unbeatable, nestled in the heart of Historic Old Town, just one building off the gazebo and only a block from the waterfront.

The first floor showcases a sleek, modern design with custom finishes throughout, while the second floor is a spacious 2,200 sqft home, featuring 16-foot ceilings, glass railings, and exotic granite countertops. The primary bedroom boasts stunning bay views, making it the perfect sanctuary to enjoy the sights and sounds of this extraordinary location.

Included in the sale is Restaurant Five Eleven, a modern fine-dining restaurant and bar featuring farm-to-table North Pacific cuisine, an extensive wine selection, and a diverse menu of signature cocktails. This well-established dining destination enhances the property's value and offers exceptional potential for continued operation or creative reimagining. Learn more about the restaurant at www.fiveeleveneureka.com

The Pearl combines the grandeur of the past with the conveniences of modern living, offering a one-of-a-kind opportunity to own a piece of history in the most desirable part of town.

Short Term Vacation Rental Permit completed and approved!

Location

State CA

Area 4400.0

Zoning No

Direction 507 2nd Street, Eureka

Interior

Heating Radiant

Cooling None

Flooring Concrete

Heat Source Radiant

Exterior

Utilities Available Circuit Breaker, Gas

Present Use Other

Accessibility Other-Spec in Remark

Garage No

Building

New Construction No

Others

Senior Community No

Virtual Tour https://sarahwagnerphoto.hd.pics/507-2nd-St/idx


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Listed by Land X Real Estate Inc.

NEARBY SCHOOL & BUSINESS

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Reshell Gurney

Reshell Gurney

+1(707) 601-8994

Agent | License ID: 02195577

Agent License ID: 02195577

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