Flex Building with Retail and
1593 Market Street Ferndale, CA 95536
1593 Market Street, Ferndale, CA, 95536
$3,250,000
Pending
For Sale
$3,250,000
Pending
COMMERCIAL - Ferndale, CA
Property Size36,000 SF
Lot Size5.34 Acres
Days on Market241
Property Features for 1593 Market Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 3, Bathroom 1, Bathroom 2
- Parking
- 50
- Security features
- Security System
- Interior features
- Fire Sprinkler, Handicap Access, Handicap Restroom, Security System
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Pending
- Size
- 36,000 SF
- Lot size
- 5.34 Acres
Building Details
- Flooring type
- Carpet, Concrete, Vinyl
- Building materials
- Metal Siding, Wood Siding
- Roof type
- Metal
Listing Agency
Coldwell Banker Cutten Realty
(707) 445-8811
2120 Campton Road, Suite C, Eureka, CA
Listed by
Joe Matteoli · License #01227617
(707) 496-4561
Added: Nov 18, 2025 Checked: Jul 17 at 12:06 am
MLS# 271085
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 flex-style commercial building was constructed in 2006 and includes a combination of retail space, warehouse/storage areas, and office space. The property totals approximately 36,000 square feet and is designed to support multiple operating needs under one roof.
Set on 5.34 acres, the site features a large parking lot and outdoor areas previously developed for a garden center. The property is zoned Commercial, offering flexibility for a variety of business uses.
Offered for sale at 1593 Market Street in Ferndale, the building and site configuration provide a workable platform for owner-users or investors seeking an adaptable commercial asset.
Set on 5.34 acres, the site features a large parking lot and outdoor areas previously developed for a garden center. The property is zoned Commercial, offering flexibility for a variety of business uses.
Offered for sale at 1593 Market Street in Ferndale, the building and site configuration provide a workable platform for owner-users or investors seeking an adaptable commercial asset.
Key Highlights
- 5.3‑acre commercial site with a +/-36,000 sq. ft. building built in 2006
- Building layout includes retail space plus warehouse/storage and office space
- Large on‑site parking lot and outdoor areas previously developed for a garden center
Local Financial Insights For Warehouse
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 | $324.0k | $9.00 |
| − Vacancy | −$24.0k | −$0.67 |
| EGI | $300.0k | $8.33 |
| − OpEx | −$45.0k | −$1.25 |
| NOI | $255.0k | $7.08 |
36,000 SF · lease $9.00/SF/yr · vacancy 7.40% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$13.60M
$11.90M – $15.86M
NOI $951,659 @ 7.0% cap · market cap 29.28%
Second Best
Retail
$12.01M
$10.51M – $14.01M
NOI $840,884 @ 7.0% cap · market cap 25.87%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Nilsen Company
Pet Store & Service
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Built in 2006 with retail, warehouse/storage, and office space on 5.34 acres and a large parking lot.
Where is this flex space located?
The property is located at 1593 Market Street Ferndale, CA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: 5.3‑acre commercial site with a +/-36,000 sq. ft. building built in 2006; Building layout includes retail space plus warehouse/storage and office space; Large on‑site parking lot and outdoor areas previously developed for a garden center
