Eureka Commercial Property with
2029 Broadway Eureka, CA 95501
2029 Broadway, Eureka, CA, 95501
$3,300,300
For Sale
$3,300,300
COMMERCIAL - Eureka, CA
Property Size22,000 SF
Lot Size1.49 Acres
Price / SF$150.01
Days on Market193
Property Features for 2029 Broadway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- Size
- 22,000 SF
- Lot size
- 1.49 Acres
Building Details
- Flooring type
- Concrete
- Building materials
- Metal Siding
- Roof type
- Membrane, Metal
Listing Agency
Ming Tree, Inc.
(707) 445-4500
509 J Street, Eureka, CA
Listed by
Larry O. Doss · License #01196417
(707) 599-3332
Added: Jan 5 Checked: Jul 17 at 12:06 am
MLS# 271312
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 commercial property in Eureka, California, features two buildings and paved parking on a 1.49-acre corner lot. The location benefits from 293 feet of frontage on Highway 101/Broadway and a lighted intersection. The main building exceeds 10,000 square feet and includes an attached 5,600 square foot metal warehouse. The main building has 400 amp/3-phase power. The 5,600 square foot metal building has multiple tenants. The property experiences approximately 40,000 or more daily vehicle views, offering significant exposure. This property is located along State Highway 101.
Key Highlights
- Two‑building commercial property on 1.59 acres in town along State Highway 101
- 293 ft of Highway 101/Broadway frontage with an intersection corner lot
- Main building over 10,000 SF plus an attached 5,600 SF metal warehouse
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 | $396.0k | $18.00 |
| − Vacancy | −$39.6k | −$1.80 |
| EGI | $356.4k | $16.20 |
| − OpEx | −$133.7k | −$6.07 |
| NOI | $222.8k | $10.13 |
22,000 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Retail
$7.34M
$6.42M – $8.56M
NOI $513,873 @ 7.0% cap · market cap 15.57%
Second Best
Mixed Use
$3.18M
$2.78M – $3.71M
NOI $222,750 @ 7.0% cap · market cap 6.75%
Theoretical Best
Flex RnD
$8.31M
$7.27M – $9.69M
NOI $581,570 @ 7.0% cap · market cap 17.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
Similar Off Market Nearby
- Sherlock Mini Storage — 901 W Del Norte St, Eureka, CA 95501
- Rainbow Self-Storage — 639 W Clark St, Eureka, CA 95501
- North American Van Lines — 1433 Broadway St Suite 100 B, Eureka, CA 95501
- Humboldt Moving & Storage — 1433 Broadway St Suite 100, Eureka, CA 95501
FAQs
What type of property is this?
Warehouse - Commercial property with two buildings and highway frontage in Eureka.
Where is this warehouse located?
The property is located at 2029 Broadway Eureka, CA.
What is the asking price?
The asking price for this property is $3,300,300.
What are key features of this property?
This property features: Two‑building commercial property on 1.59 acres in town along State Highway 101; 293 ft of Highway 101/Broadway frontage with an intersection corner lot; Main building over 10,000 SF plus an attached 5,600 SF metal warehouse