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326 I Street, Eureka, CA 95501

$595,000
: 4,070
SqFt

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List Price: $595,000
MLS#: 271903
Sq. Ft: 4,070
Acres: 0.15

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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.

(707) 616-7509

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Additional Information

County: South Bay
City: Eureka
Exterior Features: Public Trans
Lot Description: Central Business, Interior Lot, Other-Spec in Remark
Garage Description: 1 - 10 Spaces, On Site, Paved