Live-Work Office Building with
For Sale
$384,900
231 H Street, Blue Lake, CA 95525
COMMERCIAL - Blue Lake, CA
Property Size2,303 SF
Lot Size0.23 Acres
Price / SF$167.13
Days on Market48
Property Features for 231 H Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Single Family
Subdivision
North Bay
Standard status
Active
Size
2,303 SF
Lot size
0.23 Acres
Building Details
Flooring type
Carpet
Building materials
Wood Siding
Roof type
Shingle
Listing Agency:
Coldwell Banker Cutten Realty · Coldwell Banker Real Estate
(707) 445-8811
Listed By:
Tracy Helard-Shumard · License #01204587
(707) 845-2448
Added: Jun 16
Last Checked: Aug 2 at 6:06PM
MLS# 272604
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.
This well-built, versatile live-work style property is currently operating as a preschool and includes approximately 2,303 square feet of usable interior space. The layout provides three private offices, a reception area, a full kitchen, a bathroom, and a dedicated storage room, along with additional storage throughout the building.
The property sits on more than 0.23 acres and is described as enjoying views of Blue Lake and the surrounding hills. The listing notes an adjacent parcel where a church is also for sale, with the opportunity to purchase both together.
For buyers or operators, the existing room configuration supports professional office use, community space, or other creative adaptations beyond the current preschool operation. The combination of reception space, multiple private offices, and on-site kitchen facilities can help support a range of day-to-day workflows for education, professional services, or gathering-focused uses, subject to applicable approvals. The property’s substantial storage also supports organizations that need back-of-house space for materials and supplies.
The property sits on more than 0.23 acres and is described as enjoying views of Blue Lake and the surrounding hills. The listing notes an adjacent parcel where a church is also for sale, with the opportunity to purchase both together.
For buyers or operators, the existing room configuration supports professional office use, community space, or other creative adaptations beyond the current preschool operation. The combination of reception space, multiple private offices, and on-site kitchen facilities can help support a range of day-to-day workflows for education, professional services, or gathering-focused uses, subject to applicable approvals. The property’s substantial storage also supports organizations that need back-of-house space for materials and supplies.
Key Highlights
- Over 2,300 sq ft of usable space currently operating as a preschool
- Flexible interior layout with three private offices, reception area, full kitchen, bathroom, and storage room
- Wood siding construction with shingle roof
Financial Insights For Office B
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 | $49.7k | $21.60 |
| − Vacancy | −$9.7k | −$4.23 |
| EGI | $40.0k | $17.37 |
| − OpEx | −$10.0k | −$4.34 |
| NOI | $30.0k | $13.02 |
2,303 SF · lease $21.60/SF/yr · vacancy 19.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$428.5K
$375.0K – $499.9K
NOI $29,996 @ 7.0% cap · market cap 7.79%
Second Best
Mixed Use
$333.1K
$291.5K – $388.6K
NOI $23,318 @ 7.0% cap · market cap 6.06%
Theoretical Best
Flex RnD
$869.7K
$761.0K – $1.01M
NOI $60,880 @ 7.0% cap · market cap 15.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Office units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
129
Businesses Nearby
Explore this area
Business Placement
Demographics for 95525, CA
1,701
Population
860
Households
2
Avg Household Size
46
Median Age
37%
College-Educated
96%
High-School Grad
92.7 sq mi
ZIP Area
18
Density / Sq Mi
$65,250
Median Household Income
$36,818
Median Earnings
$1,221
Median Rent
$489,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Flexible building currently used as a preschool, featuring private offices, reception, and a full kitchen.
Where is this office units located?
The property is located at 231 H Street Blue Lake, CA.
What is the asking price?
The asking price for this property is $384,900.
What are key features of this property?
This property features: Over 2,300 sq ft of usable space currently operating as a preschool; Flexible interior layout with three private offices, reception area, full kitchen, bathroom, and storage room; Wood siding construction with shingle roof
