922 3rd Street, Eureka, CA 95501 - Commercial

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Description:

Very nice professional office building located in downtown Eureka. Excellent location within 1 block of County Courthouse / County Offices and 2 blocks from City Hall. Enjoy this well-kept office building that is an investors dream. State of CA is occupying the entire downstairs with 6+ years remaining on their lease who has been there since the property was built in the 1991. Upstairs has 10 separate offices with 6 tenants (some have multiple offices) to help diversify the income. Property has had only one owner who has taken excellent care of the position. Includes an elevator and its own adjacent parking lot. The rate of return is over 7%.

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Quick Facts

Area:
8500 sq ft
Lot Size:
0.30 acres
Asking Price:
Sold
Days on Market:
49
Listing Office:
C.B. Commercial Pacific Partners Real Estate
Listing Agent:
Scott Pesch
Contact:
Ming Tree, Realtors
707-445-4500

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    Location Features:

  • Gated Entry: No
  • Walk Score®: 89 Very Walkable - Most errands can be accomplished on foot
  • Transit Score®: 29 Some Transit - A few nearby public transportation options
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Neighborhood details for 922 3rd Street, Eureka, CA 95501 - Neighborhood: Old Town

HousingNear HereNeighborhoodZip Code
Total Households5531719932
Median Age of Home193919421951
Median Property Value$351,724$325,462$298,234
Homes Owner Occupied14.29%14.54%39.65%
Homes Rented85.71%85.46%60.35%
Homes Vacant6.33%6.91%6.5%
Median Rent$ 605$ 620$ 719
Crime Risk (national avg is 100)Near HereNeighborhoodZip Code
Overall Crime Risk169172148
Murder Risk175177153
Assault Risk106122130
Burglary Risk163171162
Vehicle Theft Risk193194180
PeopleNear HereNeighborhoodZip Code
Population153948122469
Male64.91%64.42%52.23%
Female35.09%35.58%47.77%
Median Age33.033.937.0
People Per Household2.112.112.4
Households with Children35.91%36.62%50.76%
Median Household Income$24,371$28,316$38,037
EducationNear HereNeighborhoodZip Code
Some High School19.75%16.72%10.19%
High School26.3%33.03%26.72%
Associate Degree6.37%8.51%8.52%
Bachelors Degree4.4%4.26%14.69%
Masters Degree6.1%4.45%4.96%
Graduate Degree6.1%5.06%6.86%
Professional Degree0.0%0.61%1.07%
Doctorate Degree0.0%0.0%0.84%
CommutingNear HereNeighborhoodZip Code
Average commute time18 minutes16 minutes15 minutes
Travel by Car60.55%64.59%83.88%
Travel by Public Transportation0.0%0.0%1.06%
Travel by Walking23.86%20.84%7.27%
Travel by Other4.14%3.01%1.02%
Work from Home6.9%7.46%3.81%
WeatherNear HereNeighborhoodZip Code
Average Annual temperature52 degrees52 degrees52 degrees
Average Annual minimum45 degrees45 degrees45 degrees
Average Annual maximum58 degrees59 degrees59 degrees
January Average Low39 degrees39 degrees39 degrees
July Average High62 degrees62 degrees62 degrees
Sunny Days per Year186 days186 days186 days
Partly Clear Days per Year78 days78 days78 days
Cloudy Days per Year7 days7 days7 days
Rainy Days per Year117 days117 days117 days
Snowy Days per Year0 days0 days0 days
Annual Rainfall40.0 in.40.61 in.40.74 in.
Annual Snowfall0 in.0 in.0 in.
Environmental (national avg is 100)Near HereNeighborhoodZip Code
Pollution Index979797
Earthquake Index646646646
Wind Index000
Hurricane Index000
Tornado Index111
Hail Index000

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Based on information from the Humboldt Association of REALTORS®, as of 04/15/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker or MLS for accuracy. All information should be independently reviewed and verified of accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright ©2024 Humboldt Association of Realtors®. All rights reserved.