Back to Search
Mixed-Use Investment in Fortuna, CA

1055 Main Street Fortuna, CA 95540

1055 Main Street, Fortuna, CA, 95540
$1,100,000
For Sale
$1,100,000

COMMERCIAL - Fortuna, CA

Property Size9,462 SF
Lot Size0.15 Acres
Price / SF$116.25
Days on Market79

Property Features for 1055 Main Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Standard status
Active
Size
9,462 SF
Lot size
0.15 Acres

Building Details

Floors in Building
2
Flooring type
Carpet
Building materials
Wood Siding
Listing Agency Coldwell Banker Cutten Realty
2120 Campton Road, Suite C, Eureka, CA
Listed by Tina Christensen · License #00476701
Added: Apr 30 Checked: Jul 17 at 4:06 am
MLS# 272180

Copyright © 2026 Humboldt Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This mixed-use property is located in the heart of Fortuna, California, positioned on the corner of Main Street and 11th. The commercial-zoned property features 19 total units, with 14 currently occupied and 5 vacant. The property provides immediate income with upside potential. The unit mix includes both residential and commercial spaces. The property offers 9,462 square feet of space and excellent street exposure. It is located close to local businesses and amenities. The property is suitable for portfolio growth or long-term hold. The lot size is 0.15 acres.

Key Highlights

  • Prime mixed‑use property in central Fortuna location.
  • High‑visibility corner lot on Main Street.
  • Immediate income from 14 occupied units out of 19 total units.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $170.3k $18.00
− Vacancy −$17.0k −$1.80
EGI $153.3k $16.20
− OpEx −$57.5k −$6.07
NOI $95.8k $10.13
9,462 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 37.50%

Alternative Uses

Best Use
Retail
$3.16M
$2.76M – $3.68M (±1% cap)
NOI $221,012 @ 7.0% cap · market cap 20.09%
Second Best
Apartment 5plus
$1.61M
$1.41M – $1.88M (±1% cap)
NOI $112,671 @ 7.0% cap · market cap 10.24%
Theoretical Best
Flex RnD
$3.57M
$3.13M – $4.17M (±1% cap)
NOI $250,128 @ 7.0% cap · market cap 22.74%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Action Reality- Katie ... Real Estate Agency Action Realty Real Estate Agency The Law Office of Callie ... Law Firm Northern Pacific Mortgage Loan Service Lori Reiki Pathways Alternative Medicine Practice

Suggested Use

HVAC Service Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Home Appliance Store Auto Parts Store Veterinary Clinic (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Mixed-use property with income and upside potential in Fortuna.
Where is this mixed-use property located?
The property is located at 1055 Main Street Fortuna, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Prime mixed‑use property in central Fortuna location.; High‑visibility corner lot on Main Street.; Immediate income from 14 occupied units out of 19 total units.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message