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$595,000
Est. payment /mo
4,070 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,070 sqft
Price per Sqft $146
MLS Listing ID 271903
Year Built 1910
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Commercial
Source Humboldt Association of REALTORS®
Property Description
326 I Street offers a well-maintained mixed-use office/retail building in the heart of Downtown Eureka. The property features four units totaling approximately 4,070 square feet on a 0.15-acre parcel, along with secured on-site parking and alley access. Three units are currently occupied with established tenants, while one unit is vacant, providing immediate lease-up potential and added upside. Current rents are below market, with projected income of approximately $3,950/month at stabilization. Historical financials show consistent performance with NOI around $36,500 annually. Zoned Central Commercial (CC), the property supports a variety of professional and retail uses. Plus with mixed zoning, upstairs units could be converted into residential units.
Location
State CA
Area 4070.0
Zoning No
Direction 4th St and I St.
Interior
Flooring Carpeted, Vinyl
Exterior
Parking Features 1 - 10 Spaces, On Site, Paved
Utilities Available Gas
Present Use Professional,Retail Service
Accessibility Interior Lot, Other-Spec in Remark, Central Business
Garage No
Building
New Construction No
Others
Senior Community No
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Listed by C.B. Commercial Pacific Partners Real Estate
NEARBY SCHOOL & BUSINESS
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