Mixed-Use Investment in Fortuna,
For Sale
$1,100,000
1055 Main Street, Fortuna, CA 95540
MULTI_FAMILY - Other - Fortuna, CA
Property Size9,462 SF
Lot Size0.15 Acres
Price / SF$116.25
Days on Market92
Property Features for 1055 Main Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Commercial
Bedrooms
12
Bathrooms
6
Full bathrooms
12
Half bathrooms
11
Rooms
Bathroom 6, Bedroom 6, Bedroom 3, Bathroom 8, Bathroom 1, Bedroom 10, Bedroom 2, Bathroom 10, Bathroom 5, Bathroom 9, Bedroom 7, Bedroom 4, Bedroom 8, Bathroom 12, Bedroom 5, Bedroom 11, Bedroom 12, Bathroom 2, Bathroom 3, Bathroom 7, Bathroom 11, Bathroom 4, Bedroom 9, Bedroom 1
Lot features
Flat
Directions
Corner of Main & 11th
Subdivision
Mid County
Standard status
Active
Size
9,462 SF
Lot size
0.15 Acres
Utilities
Sewer type
Public Sewer
Building Details
Year built
1916
Floors in Building
2
Number of units
3
Flooring type
Tile, Vinyl, Carpet, Laminate
Architectural style
Other
Listing Agency:
Coldwell Banker Cutten Realty · Coldwell Banker Real Estate
(707) 445-8811
Listed By:
Tina Christensen · License #00476701
(707) 445-8811
Added: Apr 30
Changed: Jun 8
Last Checked: Jul 30 at 6:06PM
MLS# 272179
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 is located in the heart of Fortuna, California, on the corner of Main Street and 11th. The commercial-zoned property offers 19 total units, with 14 currently occupied and 5 vacant. The property provides immediate income with upside potential. The unit mix includes residential and commercial spaces, offering flexibility for investors or owner-users. The property has over 9,400 square feet and excellent street exposure. It is close to local businesses and amenities. The property is ideal for portfolio growth or long-term hold. The lot size is 0.15 acres.
Key Highlights
- Commercial‑zoned mixed‑use property in Fortuna on the high‑visibility corner of Main Street and 11th
- 19 total units with 14 currently occupied and 5 vacant
- Over 9,400 sq ft of space
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 | $170.3k | $18.00 |
| − Vacancy | −$17.0k | −$1.80 |
| EGI | $153.3k | $16.20 |
| − OpEx | −$57.5k | −$6.07 |
| NOI | $95.8k | $10.13 |
9,462 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 37.50%
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.
Property Analytics
Property Profile
Current Use
Lease Details
73.7%
Occupancy
Location Intelligence
Trade Area within ½ mile
556
Businesses Nearby
20k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 77%
Dining 17%
Electronics 6%
Chevron
Shops & Services
7,218 visits/mo
0.1 miles
U.S. Bank
Shops & Services
4,400 visits/mo
0.2 miles
Little Caesars Pizza
Dining
3,396 visits/mo
0.1 miles
Umpqua Bank
Shops & Services
2,475 visits/mo
0.2 miles
Verizon
Electronics
1,260 visits/mo
0.1 miles
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
Market
Properties on Market for Mixed-use properties in Humboldt County
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - High-visibility mixed-use 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: Commercial‑zoned mixed‑use property in Fortuna on the high‑visibility corner of Main Street and 11th; 19 total units with 14 currently occupied and 5 vacant; Over 9,400 sq ft of space
