Mixed-Use Property with Expansion
815 J Street Arcata, CA 95521
815 J Street, Arcata, CA, 95521
$1,300,000
For Sale
$1,300,000
COMMERCIAL - Arcata, CA
Property Size5,600 SF
Lot Size0.17 Acres
Price / SF$232.14
Days on Market275
Property Features for 815 J Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- Size
- 5,600 SF
- Lot size
- 0.17 Acres
Building Details
- Floors in Building
- 2
- Flooring type
- Vinyl, Concrete, Carpet
- Building materials
- Wood Siding
- Roof type
- Shingle
Listing agency
Disiere & Associates, Real Estate Services
(707) 845-1215
Listed by
Linda Disiere · License #00603876
(707) 845-1215
Added: Oct 20, 2025 Updated: Jun 8 at 10:07PM Checked: Jul 21 at 1:06PM
MLS# 270902
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 includes multiple income-producing units within a single project and offers an area for additional construction. The total property size is approximately 5,600 square feet, and the configuration supports both commercial and residential use.
The project is located at 815 J Street in Arcata, CA, with separate street addresses noted for the current tenants. The mix includes restaurant space at 835 J Street and a tavern at 815–819 J Street, along with an upstairs apartment and a smaller space at 1020 8th Street.
Current tenancy totals four tenants. The restaurant at 835 J Street is on a three-year lease at $3,250 per month. The tavern at 815–819 J Street is on a ten-year lease with stated rent terms of $3,433 per month, increasing to $3,500 in January 2026, with the lease ending in 2034. The upstairs apartment is rented at $2,500 per month on a one-year lease scheduled to terminate in July 2026. A small space at 1020 8th Street operates on a month-to-month basis at $475 per month. The combination of an expansion area and multiple existing tenants can support a range of ownership and operating strategies based on the lease timing.
The project is located at 815 J Street in Arcata, CA, with separate street addresses noted for the current tenants. The mix includes restaurant space at 835 J Street and a tavern at 815–819 J Street, along with an upstairs apartment and a smaller space at 1020 8th Street.
Current tenancy totals four tenants. The restaurant at 835 J Street is on a three-year lease at $3,250 per month. The tavern at 815–819 J Street is on a ten-year lease with stated rent terms of $3,433 per month, increasing to $3,500 in January 2026, with the lease ending in 2034. The upstairs apartment is rented at $2,500 per month on a one-year lease scheduled to terminate in July 2026. A small space at 1020 8th Street operates on a month-to-month basis at $475 per month. The combination of an expansion area and multiple existing tenants can support a range of ownership and operating strategies based on the lease timing.
Key Highlights
- Mixed‑use project with space for additional construction
- 4 tenants total: restaurant at 835 J Street, tavern at 815–819 J Street, upstairs apartment, and a small space at 1020 8th Street
- Restaurant lease: $3,250/month with a 3‑year term
Local Financial Insights For Apartment 5plus
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 | $130.4k | $23.28 |
| − Vacancy | −$9.1k | −$1.63 |
| EGI | $121.2k | $21.65 |
| − OpEx | −$54.6k | −$9.74 |
| NOI | $66.7k | $11.91 |
5,600 SF · lease $23.28/SF/yr · vacancy 7.00% · expense 45.00%
Alternative Uses
Best Use
Specialty Retail
$2.00M
$1.75M – $2.34M
NOI $140,147 @ 7.0% cap · market cap 10.78%
Second Best
Retail
$1.87M
$1.64M – $2.18M
NOI $130,804 @ 7.0% cap · market cap 10.06%
Theoretical Best
Flex RnD
$2.11M
$1.85M – $2.47M
NOI $148,036 @ 7.0% cap · market cap 11.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dead Reckoning Tavern
Bar & Pub
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use asset with existing restaurant and tavern income plus an upstairs apartment and a small retail space.
Where is this mixed-use property located?
The property is located at 815 J Street Arcata, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Mixed‑use project with space for additional construction; 4 tenants total: restaurant at 835 J Street, tavern at 815–819 J Street, upstairs apartment, and a small space at 1020 8th Street; Restaurant lease: $3,250/month with a 3‑year term
