19-Unit Mixed-Use
For Sale
$1,100,000
1055 Main Street, Fortuna, CA 95540
Commercial Sale, Fortuna, CA
Property Size9,462 SF
Lot Size0.15 Acres
Price / SF$116.25
Days on Market168
Property Features for 1055 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Directions
Corner of Main & 11th Street
Subdivision
Mid County
Standard status
Active
Size
9,462 SF
Lot size
0.15 Acres
Building Details
Floors in Building
2
Flooring type
Carpet
Building materials
Wood Siding
Listing Agency:
Coldwell Banker Cutten Realty · Coldwell Banker Real Estate
(707) 445-8811
Listed By:
Tina Christensen · License #00476701
(707) 845-2070
Added: Apr 30
Changed: Oct 13
Last Checked: Oct 14 at 4:06PM
MLS# 272180
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 contains 19 units across 9,462 square feet, with residential and commercial space in the unit mix. Fourteen units are occupied and five are vacant. The property sits on a 0.15-acre lot and carries Commercial zoning.
The building is located at the corner of Main Street and 11th Street in Fortuna, California. Its combination of residential and commercial units is reflected in the existing configuration.
The building is located at the corner of Main Street and 11th Street in Fortuna, California. Its combination of residential and commercial units is reflected in the existing configuration.
Key Highlights
- 19 total units: 14 occupied and 5 vacant
- 9,462 square feet on a 0.15‑acre lot
- Residential and commercial unit mix
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
Apartment 5plus
$1.61M
$1.41M – $1.88M
NOI $112,671 @ 7.0% cap · market cap 10.24%
Second Best
Mixed Use
$1.37M
$1.20M – $1.60M
NOI $95,803 @ 7.0% cap · market cap 8.71%
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
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Residential and commercial spaces share a commercially zoned property at a Main Street and 11th Street corner.
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: 19 total units: 14 occupied and 5 vacant; 9,462 square feet on a 0.15‑acre lot; Residential and commercial unit mix
