Industrial Flex Building with
1215 Giuntoli Lane Arcata, CA 95521
For Sale
$680,000
Three-unit, two-story industrial flex building with office, studio, and gym spaces plus an apartment and shop storage area.
Property Size10,000 SF
Price / SF$68
Days on Market509
Property Features for 1215 Giuntoli Lane
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Property subtype
- Commercial
Listing Agency:
WELLS COMMERCIAL R.E. & INVESTMENT
(707) 444-3624
Listed By:
ALISSA WOODS · License #02081729
Source:
Corcoran
Added: Mar 1, 2025
Changed: Jul 23
Last Checked: Jul 23 at 3:48AM
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 WELLS COMMERCIAL R.E. & INVESTMENT
Investment Insights
Based on property information with market context.
This mixed-use industrial flex building consists of three units in a two-story configuration totaling 10,000 sf. The main unit is set up with a reception area, kitchen, multiple private offices, gym and studio spaces, and two locker rooms. In addition, there is a residential 1 bed/1 bath apartment upstairs, along with a shop/storage area that includes an office, restroom, and a roll-up door.
The property is zoned Industrial Limited (IL) and is described as having most recently operated as a martial arts academy. The building is positioned for a continued fitness use or other compatible business uses, including carpentry, printing, and wholesale businesses.
A roll-up door supports the shop/storage area, while the combination of private offices, restroom facilities, and multiple room types makes the overall layout well-suited for flexible tenant configurations.
The property is zoned Industrial Limited (IL) and is described as having most recently operated as a martial arts academy. The building is positioned for a continued fitness use or other compatible business uses, including carpentry, printing, and wholesale businesses.
A roll-up door supports the shop/storage area, while the combination of private offices, restroom facilities, and multiple room types makes the overall layout well-suited for flexible tenant configurations.
Key Highlights
- 10,000 SF, three‑unit, two‑story mixed‑use industrial flex building
- Zoned Industrial Limited (IL)
- Main level includes reception area, kitchen, multiple private offices, gym and studio spaces, and 2 locker rooms
Financial Insights For Industrial
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 | $90.0k | $9.00 |
| − Vacancy | −$6.7k | −$0.67 |
| EGI | $83.3k | $8.33 |
| − OpEx | −$25.0k | −$2.50 |
| NOI | $58.3k | $5.83 |
10,000 SF · lease $9.00/SF/yr · vacancy 7.40% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$3.78M
$3.30M – $4.41M
NOI $264,350 @ 7.0% cap · market cap 38.88%
Second Best
Office B
$1.86M
$1.63M – $2.17M
NOI $130,248 @ 7.0% cap · market cap 19.15%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
MindBody Mastery Coaching
Life Coach
NorCal Massage
Alternative Medicine Practice
12
Restaurant
Fusion Bites
Take-out & Catering
Sun Yi's Academy ...
Training Center
Similar Off Market Nearby
- SoulFire Vitality — 5720 West End Rd Building 6 Unit 2, Arcata, CA 95521
FAQs
What type of property is this?
Fitness center & gym - Three-unit, two-story industrial flex building with office, studio, and gym spaces plus an apartment and shop storage area.
Where is this fitness center & gym located?
The property is located at 1215 Giuntoli Lane Arcata, CA.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: 10,000 SF, three‑unit, two‑story mixed‑use industrial flex building; Zoned Industrial Limited (IL); Main level includes reception area, kitchen, multiple private offices, gym and studio spaces, and 2 locker rooms
