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326 I St 3,500 SF 100% Leased Office Building Eureka, CA 95501 $595,000 ($170/SF)
Investment Highlights
- 4 Units, 4,070 SF Mixed-Use Building
- Great Visibility
- On-Site Parking
Executive Summary
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 $35,000 annually. Zoned Central Commercial (CC), the property supports a variety of professional and retail uses.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,500 SF
Building Class
C
Year Built
1910
Price
$595,000
Price Per SF
$170
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,750 SF
Building FAR
0.54
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
CC-LW - Central Commercial (CC)
Parking
13 Spaces (3.14 Spaces per 1,000 SF Leased)
1 1
Very walkable
80/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 001-135-003-000 | Improvements Assessment | $318,718 |
| Land Assessment | $147,097 | Total Assessment | $465,815 |
Property Taxes
Parcel Number
001-135-003-000
Land Assessment
$147,097
Improvements Assessment
$318,718
Total Assessment
$465,815
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326 I St
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