Turnkey Corner Office
3106 School Street Fortuna, CA 95540
For Sale
$299,000
Renovated office with a reception area, two private offices, and efficient heating and air plus off-street parking.
Property Size660 SF
Price / SF$453.03
Days on Market127
Property Features for 3106 School Street
General Information
Standard status
Active
Size
660 SF
Property subtype
Commercial
Listing Agency:
EXP REALTY OF CALIFORNIA, INC.
(888) 584-9427
Listed By:
CODY MICHAEL HURST · License #02097302
Source:
Corcoran
Added: Mar 25
Changed: Jul 10
Last Checked: Jul 28 at 6:33AM
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 EXP REALTY OF CALIFORNIA, INC.
Investment Insights
Based on property information with market context.
This turnkey commercial office property has been thoughtfully renovated for both functionality and presentation. The space opens into a welcoming reception area, supported by an efficient layout that includes two private offices. One of the offices can serve well as a conference space or for client meetings, depending on how you run your day-to-day operations. Heating and air conditioning are provided by two mini split systems.
Located at a high-visibility corner at School and Ronald (3106 School Street, Fortuna, CA 95540), the building is positioned to support client access and brand presence. Off-street parking is included, which helps reduce friction for visits and appointments.
With a ready-to-use configuration and professional interior flow, this property can fit a range of service-based and professional businesses looking for an easy move-in space. The combination of reception space, private offices, and efficient climate control is practical for meeting with clients and managing work in a focused office setting.
Located at a high-visibility corner at School and Ronald (3106 School Street, Fortuna, CA 95540), the building is positioned to support client access and brand presence. Off-street parking is included, which helps reduce friction for visits and appointments.
With a ready-to-use configuration and professional interior flow, this property can fit a range of service-based and professional businesses looking for an easy move-in space. The combination of reception space, private offices, and efficient climate control is practical for meeting with clients and managing work in a focused office setting.
Key Highlights
- Renovated commercial office layout with a reception area and two private offices
- One private office can be used for conference space or client meetings
- Equipped with two mini split systems for efficient heating and air conditioning
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 | $14.3k | $21.60 |
| − Vacancy | −$2.8k | −$4.23 |
| EGI | $11.5k | $17.37 |
| − OpEx | −$2.9k | −$4.34 |
| NOI | $8.6k | $13.02 |
660 SF · lease $21.60/SF/yr · vacancy 19.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$122.8K
$107.5K – $143.3K
NOI $8,596 @ 7.0% cap · market cap 2.87%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$249.2K
$218.1K – $290.8K
NOI $17,447 @ 7.0% cap · market cap 5.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Renovated office with a reception area, two private offices, and efficient heating and air plus off-street parking.
Where is this office units located?
The property is located at 3106 School Street Fortuna, CA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Renovated commercial office layout with a reception area and two private offices; One private office can be used for conference space or client meetings; Equipped with two mini split systems for efficient heating and air conditioning
