bayfront multi-use 13,000 sf building in old town 322,324 first … · 2018. 7. 3. · thepacific...
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P.O. Box 783 Bayside California 95524 •
voice: 707.444.3624 • cell: 707.832.9121 • info@wellscommercial.com
Two Million, One Hundred Thousand Dollars $2,100,000.00
Offered at 5.7% CAP Rate
Bayfront Multi-Use 13,000 sf Building in Old Town 322,324 First St. Eureka, CA 95501
P.O. Box 783 Bayside California 95524 •
voice: 707.444.3624 • cell: 707.832.9121 • info@wellscommercial.com
This building is a prime investment opportunity! Three stories of residential and
commercial units located in the the heart of Old Town Eureka, Humboldt County’s
cultural, social, and economic hot spot. This location features the best Old Town has
to offer; it is walking distance from the boardwalk, shops, restaurants, night life, and
leisure activities and has a splendid view of Humboldt Bay.
Built in 1990, the 13,000 sf building includes 1,300 sf of office space, eleven
residential apartments, and four garage stalls. Four of the apartments are set up for
vacation and corporate stay, generating a hearty boost in monthly income. Recently
renovated residential units can easily be transformed into additional vacation units
to increase the CAP Rate even more!
Conveniently located adjacent to city parking lot.
Call Wells Commercial Real Estate & Investments today for more details!
P.O. Box 783 Bayside California 95524 •
voice: 707.444.3624 • cell: 707.832.9121 • info@wellscommercial.com
First Floor Plan
P.O. Box 783 Bayside California 95524 •
voice: 707.444.3624 • cell: 707.832.9121 • info@wellscommercial.com
Second Floor Plan
P.O. Box 783 Bayside California 95524 •
voice: 707.444.3624 • cell: 707.832.9121 • info@wellscommercial.com
Third Floor Plan
P.O. Box 783 Bayside California 95524 •
voice: 707.444.3624 • cell: 707.832.9121 • info@wellscommercial.com
P.O. Box 783 Bayside California 95524 •
voice: 707.444.3624 • cell: 707.832.9121 • info@wellscommercial.com
P.O. Box 783 Bayside California 95524 •
voice: 707.444.3624 • cell: 707.832.9121 • info@wellscommercial.com
2017 APOD
P.O. Box 783 Bayside California 95524 •
voice: 707.444.3624 • cell: 707.832.9121 • info@wellscommercial.com
Commercial Waterfront Zoning
P.O. Box 783 Bayside California 95524 •
voice: 707.444.3624 • cell: 707.832.9121 • info@wellscommercial.com
Humboldt County Demographics2014 Total Population............................................................................................................................134,317
2014 Households....................................................................................................................................56,031
2014 Average Household Size....................................................................................................................2.36
2014 Median Household Income..........................................................................................................$31,226
< $15,000................................................................................................................................................28.4%
$15,000 - $24,999...................................................................................................................................22.4%
$25,000 - $34,999...................................................................................................................................20.1%
$35,000 - $49,999...................................................................................................................................25.7%
$50,000 - $74,999..................................................................................................................................30.2%
$75,000 - $99,999......................................................................................................................................18%
$100,000 - $149,000..................................................................................................................................15%
$150,000 - $199,999..................................................................................................................................7.7%
$200,000....................................................................................................................................................3.5$
2014 Families......................................................................................................................................... 53,296
2014 Average Family Size...........................................................................................................................2.44
2014 Housing Units................................................................................................................................61,692
Owner Occupied Housing Units...............................................................................................................55.9%
Renter Occupied Housing Units..............................................................................................................33.8%
Vacant Housing Units...............................................................................................................................10.3%
2014 Median Home Value..................................................................................................................$288,300
2014 Per Capita Income.......................................................................................................................$23,540
2014 Median Age........................................................................................................................................37.5
2014 Population by Age Total..............................................................................................................134,768
0 - 4..........................................................................................................................................................5.47%
5 - 9............................................................................................................................................................5.5%
10 - 14.........................................................................................................................................................5.2%
15 - 24.......................................................................................................................................................16.5%
25 - 34.......................................................................................................................................................14.2%
35 - 44........................................................................................................................................................5.3%
45 - 54.......................................................................................................................................................12.5%
55 - 64.......................................................................................................................................................14.4%
65 - 74.........................................................................................................................................................6.7%
65 - 74.............................................................................................................................................................................
P.O. Box 783 Bayside California 95524 •
voice: 707.444.3624 • cell: 707.832.9121 • info@wellscommercial.com
Eureka California is locatedapproximately 275 miles north of San Francisco on the coast of
thePacific Ocean & approximately 75
miles south of the Oregon border. Highways 101 and 299are the main arteries in and outof the region. Humboldt Bay is adeep water port with shipping
Old Town Eureka is a U.S. Historic district along the
Humboldt Bay waterfront. It is the cultural center of
Humboldt County. In addition to the Victorian-era
architecture such as the famed Carson Mansion, the area
is home to Humboldt’s finest shops and restaurants.
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