39 5th Street, Eureka, CA 95501

$895,000
6,920
SqFt
List Price
$895,000
MLS#
258017
Sq. Ft
6,920
Acres
0.11
Year Built
1897

Property Description

Well diversified investment asset that could be sold to a business owner - user who may need office space near downtown Eureka. The property is also located within cannabis zone. There are two office units on the ground floor (1,720 sf + 1,475 sf), a separate 625 sf office that was originally a residence and can be easily 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. The office tenant (all units) will be relocating out of the property on February 1, 2021.

Additional Information

Style
Other - Spec in Remarks
Stories
2 Story
Exterior
Wood
Construction
Wood Frame
Foundation
Slab
Lot Description
Corner, In Town
Garage Spaces
2
Garage Type
Attached
Garage Description
1 - 10 Spaces, Garage, On Site
Heating
Forced Air, Natural Gas, Wall
Water
Public
Sewer
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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