Mixed-Use Investment in Fortuna,
1055 Main Street Fortuna, CA 95540
1055 Main Street, Fortuna, CA, 95540
$1,100,000
For Sale
$1,100,000
MULTI_FAMILY - Other - 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
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Commercial
- Bedrooms
- 12
- Bathrooms
- 6
- Rooms
- Bathroom 6, Bedroom 6, Bedroom 3, Bathroom 8, Bathroom 1, Bedroom 10, Bedroom 2, Bathroom 10, Bathroom 5, Bathroom 9, Bedroom 7, Bedroom 4, Bedroom 8, Bathroom 12, Bedroom 5, Bedroom 11, Bedroom 12, Bathroom 2, Bathroom 3, Bathroom 7, Bathroom 11, Bathroom 4, Bedroom 9, Bedroom 1
- Standard status
- Active
- Size
- 9,462 SF
- Lot size
- 0.15 Acres
Utilities
- Sewer type
- Public Sewer
Building Details
- Year built
- 1916
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Tile, Vinyl, Carpet, Laminate
- Architectural style
- Other
Listing Agency
Coldwell Banker Cutten Realty
(707) 445-8811
2120 Campton Road, Suite C, Eureka, CA
Listed by
Tina Christensen · License #00476701
(707) 445-8811
Added: Apr 30 Checked: Jul 17 at 3:06 am
MLS# 272179
Listing URL
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, on the corner of Main Street and 11th. The commercial-zoned property offers 19 total units, with 14 currently occupied and 5 vacant. The property provides immediate income with upside potential. The unit mix includes residential and commercial spaces, offering flexibility for investors or owner-users. The property has over 9,400 square feet and excellent street exposure. It is close to local businesses and amenities. The property is ideal for portfolio growth or long-term hold. The lot size is 0.15 acres.
Key Highlights
- Commercial‑zoned mixed‑use property in Fortuna on the high‑visibility corner of Main Street and 11th
- 19 total units with 14 currently occupied and 5 vacant
- Over 9,400 sq ft of space
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
NOI $221,012 @ 7.0% cap · market cap 20.09%
Second Best
Apartment 5plus
$1.61M
$1.41M – $1.88M
NOI $112,671 @ 7.0% cap · market cap 10.24%
Theoretical Best
Flex RnD
$3.57M
$3.13M – $4.17M
NOI $250,128 @ 7.0% cap · market cap 22.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
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FAQs
What type of property is this?
Mixed-use property - High-visibility mixed-use property with income and value-add potential.
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: Commercial‑zoned mixed‑use property in Fortuna on the high‑visibility corner of Main Street and 11th; 19 total units with 14 currently occupied and 5 vacant; Over 9,400 sq ft of space
