533 F Street, Eureka, CA 95501

Property Description

Distinct Multi-Tenant Commercial Building in Eureka's Downtown & Cultural Arts District. This fully leased property situated in a Opportunity Zone (QOZ) will be an excellent addition to your real estate portfolio, providing $92,000 in annual gross rents and a +6.5% rate of return. Long term tenants include Partrick's Candy, Tina's Photography, and other professional and personal services. Eight units of varying sizes and configurations provide for a flexible tenant mix. Potential for owner occupancy as well. The ground floor totals 8,651 sf, the upper level 2,700 sf, and the useable below grade work space, receiving, and storage areas provide an additional 2,812 sf. Newer exterior paint, murals, the covered awning, and iconic signage lend a unique flair to this well cared for building.