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860 10th St 4,760 SF 100% Leased Retail Building Arcata, CA 95521 $995,000 ($209.03/SF) 5.15% Cap Rate
Executive Summary
This is an historic structure in Arcata, home to Cal Poly and close to downtown. Downstairs is a long time restaurant and upper floor is an apartment with a long term tenant. New perimeter foundation, new roof and paint. This has been upgraded last year. This is held by a family trust and the trustee are out of the area
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,760 SF
Building Class
C
Year Built/Renovated
1902/2025
Price
$995,000
Price Per SF
$209.03
Cap Rate
5.15%
NOI
$51,243
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.98
Lot Size
0.11 AC
Zoning
C - Commercial
Very walkable
80/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 021-104-016-000 | Improvements Assessment | $163,163 |
| Land Assessment | $74,409 | Total Assessment | $237,572 |
Property Taxes
Parcel Number
021-104-016-000
Land Assessment
$74,409
Improvements Assessment
$163,163
Total Assessment
$237,572
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Presented by
Disiere & Associates
860 10th St
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