Fortuna Restaurant Building For
For Sale
Contact for pricing
1206 Main Street, Fortuna, CA 95540
2,200 SF restaurant building on Main Street in Fortuna.
Property Size2,200 SF
Price / SF$406.82
Days on Market160
Property Features for 1206 Main Street
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Retail
Listing Agency:
Coldwell Banker Commercial Pacific Partners Real Estate
Listed By:
J.B. Mathers · License #CA
Source:
Crexi
Added: Mar 5
Changed: Aug 11
Last Checked: Aug 11 at 2:51PM
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 Commercial Pacific Partners Real Estate
Investment Insights
Based on property information with market context.
This 2,200 sq ft commercial building is located in Fortuna. Situated on Main Street at a signalized intersection, the property benefits from high traffic counts and exposure. An on-site parking lot is included. Currently leased, the tenant's lease expires at the end of the year, offering flexibility for an owner-user or re-tenanting. The site presents redevelopment potential due to its central location and corner positioning. The property is suitable for investors, developers, or operators seeking a high-profile location in downtown Fortuna. The property is currently used as a restaurant and may be suitable for continued restaurant or retail use.
Key Highlights
- Prime commercial location on a highly visible, signalized corner intersection along Main Street.
- 2,200 sq ft restaurant building with excellent traffic counts and exposure.
- On‑site parking lot included.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$55,058
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,101,160
$1.1M
Cap Rate 7%
$786,543
$786.5K
Cap Rate 9%
$611,756
$611.8K
Market Conditions
NOI Build-Up for 2,200 SF
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.
Gross rent
$81.8K $37.20/SF
− Vacancy
−$8.4K −$3.83/SF
EGI
$73.4K $33.37/SF
− OpEx
−$18.4K −$8.34/SF
NOI
$55.1K $25.03/SF
Area
Humboldt County, CA
Vacancy
10.30%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,101,160
Cap Rate 7%
$786,543
Cap Rate 9%
$611,756
Alternative Uses
Best Use
Specialty Retail
$786.5K
$688.2K – $917.6K
NOI $55,058 @ 7.0% cap · market cap 6.15%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$830.8K
$727.0K – $969.3K
NOI $58,157 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
563
Businesses Nearby
33k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Groceries 31%
Dining 10%
Home Improvements & Furnishings 8%
Ray's Food Place
Groceries
10,208 visits/mo
0.5 miles
Chevron
Shops & Services
7,218 visits/mo
0.3 miles
U.S. Bank
Shops & Services
4,400 visits/mo
0.2 miles
Little Caesars Pizza
Dining
3,396 visits/mo
0.2 miles
Forbusco True Value Lumber
Home Improvements & Furnishings
2,500 visits/mo
0.5 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
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Hunan Village — 1468 Main St, Fortuna, CA 95540
- Moonlight Catering — 1440 9th St, Fortuna, CA 95540
Frequently Asked Questions
What type of property is this?
Restaurant - 2,200 SF restaurant building on Main Street in Fortuna.
Where is this restaurant located?
The property is located at 1206 Main Street Fortuna, CA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Prime commercial location on a highly visible, signalized corner intersection along Main Street.; 2,200 sq ft restaurant building with excellent traffic counts and exposure.; On‑site parking lot included.
