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495 H St 2,000 SF 100% Leased Retail Building Crescent City, CA 95531 $400,000 ($200/SF) 3.69% Cap Rate
Investment Highlights
- Ocean view
- Includes a yard
- Full sized garage
- Building equipped with water, electrical, and sewage
Executive Summary
495 H St presents a rare opportunity to own a mixed-use property in the heart of Crescent City’s downtown corridor. The first floor offers a highly visible retail space ideal for a boutique, café, or professional office, benefiting from steady foot traffic and direct proximity to the county courthouse.
Above the retail level, an unfinished upper floor offers significant potential for customization. This space can be transformed into an office suite, storage area, or even a residential loft, allowing an owner or investor to maximize income streams.
Above the retail level, an unfinished upper floor offers significant potential for customization. This space can be transformed into an office suite, storage area, or even a residential loft, allowing an owner or investor to maximize income streams.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,000 SF
Building Class
C
Year Built/Renovated
1919/2021
Price
$400,000
Price Per SF
$200
Cap Rate
3.69%
NOI
$14,760
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.73
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
RP - Residential-Professional
Frontage
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 118-120-001-000 | Improvements Assessment | $88,216 |
| Land Assessment | $64,945 | Total Assessment | $153,161 |
Property Taxes
Parcel Number
118-120-001-000
Land Assessment
$64,945
Improvements Assessment
$88,216
Total Assessment
$153,161
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Presented by
Hooper Investments
495 H St
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