1385 8th Street Arcata, CA 95521
COMMERCIAL - Arcata, CA
Property Features for 1385 8th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Interior features
- Handicap Access, Handicap Restroom
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- Size
- 54,523 SF
- Lot size
- 5.33 Acres
Building Details
- Floors in Building
- 2
- Flooring type
- Concrete, Carpet
- Building materials
- Metal Siding
- Roof type
- Metal
Listing agent David Wells License #01700566 (707) 832-9121
Listing office Wells Commercial R.E. & Investment P O Box 783, Bayside, CA (707) 444-3624
Listing date Aug 26, 2024
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.
The property is fully leased and the public remarks indicate over $54,000 in monthly income. Nearby establishments named in the remarks include Holly Yashi, The Pub at The Creamery, and the Arcata Playhouse. The listing also notes the property could be suitable for a 1031 exchange.
Key Highlights
- 54,523 SF mixed‑use building with office, medical, and warehouse space
- 5.33 acres on three parcels within the Arcata Gateway Project, offering additional development options
- Fully leased property with over $54,000 in monthly income
Local Financial Insights For Mixed Use
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 | $981.4k | $18.00 |
| − Vacancy | −$98.1k | −$1.80 |
| EGI | $883.3k | $16.20 |
| − OpEx | −$331.2k | −$6.07 |
| NOI | $552.0k | $10.13 |
