Mixed-Use Investment in
For Sale
$1,100,000
1055 Main Street, Fortuna, CA 95540
High-visibility corner property with income and value-add potential.
Property Size9,462 SF
Price / SF$116.25
Days on Market153
Property Features for 1055 Main Street
General Information
Standard status
Active
Size
9,462 SF
Property subtype
Commercial
Amenities
Carpeted Flooring
Listing Agency:
COLDWELL BANKER CUTTEN REALTY
(707) 445-8811
Listed By:
TINA CHRISTENSEN · License #00476701
(707) 845-2070
Source:
Corcoran
Added: May 16
Changed: Oct 1
Last Checked: Oct 14 at 10:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER CUTTEN REALTY
Investment Insights
Based on property information with market context.
Located in Fortuna, this mixed-use property is positioned on the corner of Main Street and 11th. The commercial-zoned property offers a total of 19 units, with 14 units currently occupied and 5 vacant. The property provides immediate income with upside potential. The unit mix includes both residential and commercial spaces. The property offers over 9,400 square feet of space and excellent street exposure. It is located in close proximity to local businesses and amenities. This centrally located asset is suitable for portfolio growth or long-term hold.
Key Highlights
- Prime corner location on Main Street offering high visibility.
- Mixed‑use property featuring both residential and commercial units.
- Income‑producing asset: 14 of 19 units are currently occupied.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,803
Cap Rate
8.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,916,060
$1.9M
Cap Rate 7%
$1,368,614
$1.4M
Cap Rate 9%
$1,064,478
$1.1M
Market Conditions
NOI Build-Up for 9,462 SF
Gross rent
$170.3K $18.00/SF
− Vacancy
−$17.0K −$1.80/SF
EGI
$153.3K $16.20/SF
− OpEx
−$57.5K −$6.07/SF
NOI
$95.8K $10.13/SF
Area
Humboldt County, CA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,916,060
Cap Rate 7%
$1,368,614
Cap Rate 9%
$1,064,478
Alternative Uses
Best Use
Retail
$3.16M
$2.76M – $3.68M
NOI $221,012 @ 7.0% cap · market cap 20.09%
Second Best
Apartment 5plus
$1.61M
$1.41M – $1.88M
NOI $112,671 @ 7.0% cap · market cap 10.24%
Theoretical Best
Flex RnD
$3.57M
$3.13M – $4.17M
NOI $250,128 @ 7.0% cap · market cap 22.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
556
Businesses Nearby
Explore this area
Business Placement
Demographics for 95540, CA
14,055
Population
6,087
Households
2.3
Avg Household Size
40
Median Age
24%
College-Educated
88%
High-School Grad
34.1 sq mi
ZIP Area
412
Density / Sq Mi
$62,346
Median Household Income
$37,309
Median Earnings
$1,135
Median Rent
$362,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - High-visibility corner property with income and value-add potential.
Where is this mixed-use property located?
The property is located at 1055 Main Street Fortuna, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Prime corner location on Main Street offering high visibility.; Mixed‑use property featuring both residential and commercial units.; Income‑producing asset: 14 of 19 units are currently occupied.
