326 I Street, Eureka, CA 95501

Property Description

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 $36,500 annually. Zoned Central Commercial (CC), the property supports a variety of professional and retail uses. Plus with mixed zoning, upstairs units could be converted into residential units.