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Two-Story Mixed-Use Building
For Sale
$775,000

4 7th Street, Eureka, CA 95501

Commercial Sale, Eureka, CA

Property Size6,480 SF
Lot Size0.16 Acres
Price / SF$119.60
Days on Market8

Property Features for 4 7th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Parking features Garage
Directions Corner of 7th and A
Subdivision South Bay
Standard status Active
APN 001-084-001
Size 6,480 SF
Lot size 0.16 Acres

Building Details

Floors in Building 2
Building materials Stucco
Roof type Membrane
Listing Agency: Coldwell Banker Cutten Realty · Coldwell Banker Real Estate
Listed By: Jill Macdonald · License #01386033
Added: Sep 28 Changed: Oct 2 Last Checked: Oct 5 at 6:06PM
MLS# 273448

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.

At 4 7th Street, this 6,480-square-foot mixed-use building dates to 1923 and sits on a 0.16-acre corner lot. The two-story property includes four ground-floor commercial spaces and four updated apartments above. Apartment improvements include replacement windows, refinished floors, and updated kitchens and baths; the commercial suites have also been refreshed. A roughly 900-square-foot garage with high ceilings and a side yard are not leased. The lower roof has been replaced.

All eight commercial and residential spaces are occupied. Tenants have separate electric and gas meters. The landlord covers water, sewer, and service for two shared trash containers. The property is zoned Commercial and is located at the corner of 7th and A in Eureka.

Key Highlights

  • Six residential and commercial spaces in a two‑story, 6,480‑square‑foot building
  • Four ground‑floor commercial suites and four updated upstairs apartments; all are occupied
  • 0.16‑acre corner parcel at 7th and A

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$65,610
Cap Rate
8.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,312,200 $1.3M
Cap Rate 7%
$937,286 $937.3K
Cap Rate 9%
$729,000 $729.0K
Market Conditions
NOI Build-Up for 6,480 SF
Gross rent
$116.6K $18.00/SF
− Vacancy
−$11.7K −$1.80/SF
EGI
$105.0K $16.20/SF
− OpEx
−$39.4K −$6.07/SF
NOI
$65.6K $10.13/SF
Area
Humboldt County, CA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,312,200
Cap Rate 7%
$937,286
Cap Rate 9%
$729,000

Alternative Uses

Best Use
Retail
$2.16M
$1.89M – $2.52M (±1% cap)
NOI $151,359 @ 7.0% cap · market cap 19.53%
Second Best
Apartment 5plus
$1.10M
$964.5K – $1.29M (±1% cap)
NOI $77,162 @ 7.0% cap · market cap 9.96%
Theoretical Best
Flex RnD
$2.45M
$2.14M – $2.85M (±1% cap)
NOI $171,299 @ 7.0% cap · market cap 22.10%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Redwood Recovery Center Medical Clinic

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Home Appliance Store Computer & Electronic Repair Pet Grooming Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,088
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four commercial suites and four updated apartments are fully occupied, with an additional garage and side yard outside the leased area.
Where is this mixed-use property located?
The property is located at 4 7th Street Eureka, CA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Six residential and commercial spaces in a two‑story, 6,480‑square‑foot building; Four ground‑floor commercial suites and four updated upstairs apartments; all are occupied; 0.16‑acre corner parcel at 7th and A
More about this property
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