Office Building with Private
2103 3rd Street, Eureka, CA 95501
For Sale
New
$480,000
Commercial Sale, Eureka, CA
Property Size1,927 SF
Lot Size0.15 Acres
Price / SF$249.09
Days on Market2
Property Features for 2103 3rd Street
General Information
Property type
Property subtype
Zoning
Zoning description
Bathrooms
Full bathrooms
Rooms
Parking
Security features
Interior features
Exterior features
Fencing
Lot features
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Property Use
Utilities
Heating system
Building Details
Floors in Building
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Coldwell Banker Sellers Realty · Coldwell Banker Real Estate
(707) 822-4337
Listed By:
Greg M Anderson · License #00448470
(707) 599-3400
Added: Nov 6
Changed: Nov 7
Last Checked: Nov 7 at 6:06PM
MLS# 273677
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.
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Investment Insights
Based on property information with market context.
This 1,927-square-foot office building is arranged with a reception and waiting area, open workstation space, two private offices, a conference room, breakroom, and two restrooms. A covered brick entry leads into the reception area, where vaulted pine ceilings reach 18 feet. The building has wood shingle siding with brick wainscot, dual-pane windows, and a wood-shingle roof. Interior finishes include vinyl, carpet, and tile flooring. Fire sprinklers, security cameras, a security system, perimeter fencing, and landscaping are among the property's features. The building is gated and has 11 striped parking spaces on a 0.15-acre parcel.
The property is zoned Commercial and has an existing lease running from July 1, 2018, through June 2028. Heating is provided by a heat pump.
The property is zoned Commercial and has an existing lease running from July 1, 2018, through June 2028. Heating is provided by a heat pump.
Key Highlights
- 1,927‑square‑foot office building on a 0.15‑acre parcel
- Office plan includes two private offices, open workstation area, conference room, breakroom, and two restrooms
- Reception area features vaulted pine ceilings reaching 18 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,099
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,980
$502.0K
Cap Rate 7%
$358,557
$358.6K
Cap Rate 9%
$278,878
$278.9K
Market Conditions
NOI Build-Up for 1,927 SF
Gross rent
$41.6K $21.60/SF
− Vacancy
−$8.2K −$4.23/SF
EGI
$33.5K $17.37/SF
− OpEx
−$8.4K −$4.34/SF
NOI
$25.1K $13.02/SF
Area
Humboldt County, CA
Vacancy
19.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,980
Cap Rate 7%
$358,557
Cap Rate 9%
$278,878
Alternative Uses
Best Use
Office B
$358.6K
$313.7K – $418.3K
NOI $25,099 @ 7.0% cap · market cap 5.23%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$727.7K
$636.8K – $849.0K
NOI $50,940 @ 7.0% cap · market cap 10.61%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
792
Businesses Nearby
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Business Placement
Demographics for 95501, CA
23,323
Population
10,577
Households
2.2
Avg Household Size
38
Median Age
34%
College-Educated
90%
High-School Grad
7.3 sq mi
ZIP Area
3,195
Density / Sq Mi
$55,076
Median Household Income
$34,476
Median Earnings
$1,151
Median Rent
$389,900
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in Humboldt County, CA
Properties on Market for Office buildings in Humboldt County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - A defined office layout includes reception, workstations, conference space, and support areas.
Where is this office building located?
The property is located at 2103 3rd Street Eureka, CA.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: 1,927‑square‑foot office building on a 0.15‑acre parcel; Office plan includes two private offices, open workstation area, conference room, breakroom, and two restrooms; Reception area features vaulted pine ceilings reaching 18 feet
