Mixed-Use Commercial
252 Loleta Drive Loleta, CA 95551
252 Loleta Drive, Loleta, CA, 95551
$785,000
For Sale
$785,000
COMMERCIAL - Loleta, CA
Property Size10,929 SF
Lot Size0.66 Acres
Price / SF$71.83
Days on Market191
Property Features for 252 Loleta Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 2, Bathroom 1
- Parking features
- Garage
- Standard status
- Active
- Size
- 10,929 SF
- Lot size
- 0.66 Acres
Building Details
- Floors in Building
- 2
- Flooring type
- Concrete, Laminate, Vinyl
- Building materials
- Wood Siding
- Roof type
- Membrane, Shingle
Listing Agency
Coldwell Banker Cutten Realty
(707) 445-8811
2120 Campton Road, Suite C, Eureka, CA
Listed by
Cathy Endert · License #01422345
(707) 845-1668
Added: Jan 7 Checked: Jul 17 at 3:06 am
MLS# 271322
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 commercial property includes a main 10,929-square-foot building configured with warehouse space on the ground floor, along with retail and office areas plus storage. The property also features an updated residential apartment of 1,544 square feet with 3 bedrooms and 2 baths. Reported improvements include newer laminate flooring and fresh paint, along with updated bathrooms and exterior siding. The apartment also includes an on-site west-side garden and lunch area.
The property is located at 252 Loleta Drive in Loleta, California, and sits on approximately 0.66 acres (23,770 square feet). The offering includes ample paved parking, supporting both customer access for the commercial components and practical use for the residential portion.
For an owner-operator or business that benefits from having staff on-site, the building’s combined warehouse, retail, and office layout can support multiple operational needs under one roof. The adjacent apartment provides a residential option next to the commercial space, which may appeal to tenants or buyers looking for a live/work setup. Overall, the property presents a single ownership platform for commercial use with an incorporated housing component.
The property is located at 252 Loleta Drive in Loleta, California, and sits on approximately 0.66 acres (23,770 square feet). The offering includes ample paved parking, supporting both customer access for the commercial components and practical use for the residential portion.
For an owner-operator or business that benefits from having staff on-site, the building’s combined warehouse, retail, and office layout can support multiple operational needs under one roof. The adjacent apartment provides a residential option next to the commercial space, which may appeal to tenants or buyers looking for a live/work setup. Overall, the property presents a single ownership platform for commercial use with an incorporated housing component.
Key Highlights
- Approximately 0.66‑acre (23,770 SF) mixed‑use property in Loleta with commercial and residential space
- Main commercial building totals 10,929 SF with warehouse, retail, and office space
- Ground floor includes ample warehouse area for storage or a manufacturing operation
Local Financial Insights For Industrial
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 | $98.4k | $9.00 |
| − Vacancy | −$7.3k | −$0.67 |
| EGI | $91.1k | $8.33 |
| − OpEx | −$27.3k | −$2.50 |
| NOI | $63.8k | $5.83 |
10,929 SF · lease $9.00/SF/yr · vacancy 7.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.65M
$3.19M – $4.25M
NOI $255,278 @ 7.0% cap · market cap 32.52%
Second Best
Office B
$2.03M
$1.78M – $2.37M
NOI $142,348 @ 7.0% cap · market cap 18.13%
Theoretical Best
Flex RnD
$4.13M
$3.61M – $4.82M
NOI $288,908 @ 7.0% cap · market cap 36.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Mixed-use property - Warehouse, retail, and office space combined with an updated on-site apartment on a paved-packing lot.
Where is this mixed-use property located?
The property is located at 252 Loleta Drive Loleta, CA.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Approximately 0.66‑acre (23,770 SF) mixed‑use property in Loleta with commercial and residential space; Main commercial building totals 10,929 SF with warehouse, retail, and office space; Ground floor includes ample warehouse area for storage or a manufacturing operation
