424 Main Street Ferndale, CA 95536
COMMERCIAL - Ferndale, CA
Property Features for 424 Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Yes
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 3, Bathroom 1
- Interior features
- Handicap Access, Handicap Restroom
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- Size
- 3,335 SF
- Lot size
- 0.06 Acres
Building Details
- Floors in Building
- 2
- Flooring type
- Wood, Carpet, Tile
- Building materials
- Wood Siding
- Roof type
- Shingle
Listing agent Sarah Pichulo License #02118250 (707) 223-2213
Listing office EXP Realty of California, Inc. 2603 Camino Ramon Ste 200, San Ramon, CA (888) 584-9427
Listing date Feb 6, 2026
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.
Two residential apartments are located down an alley and accessed via stairs. One is a one-bedroom, one-bath unit with windows overlooking Main Street and an updated kitchen and bathroom. The second apartment is a two-bedroom, one-bath unit with an open floor plan, tile kitchen floors, granite countertops, and a classic clawfoot tub.
The commercial storefront has a strong long-term rental history, supporting the building’s mixed-income design.
Key Highlights
- Built in 1914, Victorian mixed‑use building listed on the National Register of Historic Places (Mullady Building).
- 3,335 SF total property with a 1,955 SF commercial storefront featuring tall ceilings and a glass storefront.
- Commercial storefront includes five office spaces and a laundry room, plus handicap‑accessible bathroom.
Local Financial Insights For Office B
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 | $72.0k | $21.60 |
| − Vacancy | −$14.1k | −$4.23 |
| EGI | $57.9k | $17.37 |
| − OpEx | −$14.5k | −$4.34 |
| NOI | $43.4k | $13.02 |
