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Property profile & analytics
FOR LEASE
Commercial real estate

1062 G St Arcata, CA 95521

0.3 ac lot
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-3224247
Property summary
AI-generated overview

The Allen Building offers a unique opportunity to lease 3,000 square feet of versatile office space in the heart of Arcata. This 12,000 square foot, two-story building, constructed in 1960, is classified as Class C and sits on a 0.3-acre lot (APN 021-051-009). The space is ideal for coworking, creative office uses, or traditional office setups, offering flexibility for various business needs. Located just two blocks from the Arcata Plaza and conveniently close to the Cal Poly Humboldt campus, this location provides excellent accessibility and visibility. The available space is part of a multi-tenant building, and includes six reserved parking spaces—a significant advantage in downtown Arcata. A key benefit is that utilities are included in the base rent, minimizing operational costs. While the building does not have elevators, the two-story structure offers convenient access to the available space. The maximum contiguous space available is 3,000 square feet, making it suitable for a single tenant or a smaller group of businesses. This property presents a compelling opportunity for businesses seeking a well-located, amenity-rich office space in a vibrant Arcata setting.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.3 ac (13,149 SF)
Zoning code CC
APN 021-051-009-000
UPID US09-3224247
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • SHN Consulting Engineers & Geologists Engineering Consultant
  • Streamline Planning Consultants Environmental Consultant
  • Fast Roof Concepts Roofing Company General Contractor
  • Redfield Caroline Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.67M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.22M
Owner & transaction history
Michael Baradarian · 4 yrs held
Michael Baradarian
since 2021
Last sale
$1.8M
7 recorded transactions
2021
$1.8M
2021
Price N/A
2017
Price N/A
2015
Price N/A
2001
Price N/A
2000
$66,000
1999
Price N/A
Zoning & alternative use
CC · Arcata, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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