Eureka Retail Property For
2626 Myrtle Avenue Eureka, CA 95501
For Sale
$995,000
Retail property available for purchase in Eureka, California.
Property Size1,262 SF
Price / SF$788.43
Days on Market102
Property Features for 2626 Myrtle Avenue
General Information
- Standard status
- Active
- Size
- 1,262 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1903
Listing Agency:
Arcata
(707) 267-5656
Listed By:
Sarah Coleman · License #02070076
(707) 267-5656
Source:
Corcoran
Added: Apr 14
Changed: Jul 10
Last Checked: Jul 24 at 2:54PM
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 Arcata
Investment Insights
Based on property information with market context.
A commercial property located at 2626 Myrtle Avenue in Eureka, California, is available for purchase. The property offers 1262 square feet of space.
Key Highlights
- Historic Charm: Built in 1903, offering unique character and architectural details.
- Prime Location on Myrtle Avenue in Eureka, CA.
- Established Residence with a history.
Financial Insights For Retail
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 | $46.9k | $37.20 |
| − Vacancy | −$4.8k | −$3.83 |
| EGI | $42.1k | $33.37 |
| − OpEx | −$12.6k | −$10.01 |
| NOI | $29.5k | $23.36 |
1,262 SF · lease $37.20/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$421.1K
$368.5K – $491.3K
NOI $29,478 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$476.6K
$417.0K – $556.0K
NOI $33,361 @ 7.0% cap · market cap 3.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
FAQs
What type of property is this?
Storefront property - Retail property available for purchase in Eureka, California.
Where is this storefront property located?
The property is located at 2626 Myrtle Avenue Eureka, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Historic Charm: Built in 1903, offering unique character and architectural details.; Prime Location on Myrtle Avenue in Eureka, CA.; Established Residence with a history.
