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Corner Storefront with Expansion Potential
For Sale
$440,000

1302 2nd Street, Crescent City, CA 95531

An occupied retail building sits beside a utility-served lot that could support a larger footprint.

Property Size1,100 SF
Price / SF$400
Days on Market9

Property Features for 1302 2nd Street

General Information

Standard status Active
Size 1,100 SF
Property subtype Business

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Corner Location Yes

Amenities

landscaped
handicap accessible
sidewalks

Building Details

Building Size 1,100 SF
Year Built 2004
Buildings 1
Tenancy Single
Listing Agency: FINIGAN REAL ESTATE
Listed By: DAVID FINIGAN · License #00977187
Source: Greenpacificrealestate
Added: Oct 19 Changed: Oct 27 Last Checked: Oct 26 at 3:53PM

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 FINIGAN REAL ESTATE

Rey
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Investment Insights

Based on property information with market context.

Built in 2004, the 1,100-square-foot storefront is occupied by a Verizon retail tenant with approximately 2.5 years remaining on the lease. The property includes an adjacent lot with utilities stubbed in, providing a basis for expanding the building footprint to twice its current size. The site is landscaped, handicap accessible, and includes parking and sidewalks.

The corner property fronts Highway 101 N and is near fast-food businesses and markets. Its existing storefront, lease term, and adjoining expansion area offer several distinct components for consideration.

Key Highlights

  • 1,100‑square‑foot retail storefront built in 2004
  • Verizon tenant has approximately 2.5 years remaining on the lease
  • Adjacent lot has utilities stubbed in for expansion to twice the current building footprint

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Verizon Mobile Phone Store

Suggested Use

Top Pick HVAC Service Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Dental Office Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

713
Businesses Nearby
Well-served
Demand for This Use

Demographics for 95531, CA

23,223
Population
8,708
Households
2.7
Avg Household Size
39
Median Age
23%
College-Educated
85%
High-School Grad
189.4 sq mi
ZIP Area
123
Density / Sq Mi
$66,817
Median Household Income
$38,355
Median Earnings
$1,202
Median Rent
$323,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

  • En Vogue The Studio — 265 I St, Crescent City, CA 95531
  • Enchanted Florist — 299 I St, Crescent City, CA 95531

Frequently Asked Questions

What type of property is this?
Storefront property - An occupied retail building sits beside a utility-served lot that could support a larger footprint.
Where is this storefront property located?
The property is located at 1302 2nd Street Crescent City, CA.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 1,100‑square‑foot retail storefront built in 2004; Verizon tenant has approximately 2.5 years remaining on the lease; Adjacent lot has utilities stubbed in for expansion to twice the current building footprint
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