Two-Story Mixed-Use
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 Market17
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
Utilities
Utilities
Phone Available
Building Details
Floors in Building
2
Building materials
Stucco
Roof type
Membrane
Listing Agency:
Coldwell Banker Cutten Realty · Coldwell Banker Real Estate
(707) 445-8811
Listed By:
Jill Macdonald · License #01386033
(707) 499-7049
Added: Sep 28
Changed: Oct 13
Last Checked: Oct 14 at 6:06AM
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 the corner of 7th and A, this 1923 mixed-use property contains 6,480 square feet on a 0.16-acre lot. The two-story building has four ground-floor commercial units and four updated apartments above; all eight spaces are occupied. Apartment improvements include replacement windows, refinished flooring, and updated kitchens and bathrooms. The commercial units have also been improved within the past decade.
A roughly 900-square-foot garage with high ceilings and a side yard are not leased. The garage and side yard are excluded from the current income. Tenants have separate electric and gas meters; the owner covers water, sewer, and service for two shared trash containers. The lower roof has been replaced.
A roughly 900-square-foot garage with high ceilings and a side yard are not leased. The garage and side yard are excluded from the current income. Tenants have separate electric and gas meters; the owner covers water, sewer, and service for two shared trash containers. The lower roof has been replaced.
Key Highlights
- Four commercial spaces and four apartments; all are currently occupied
- 6,480‑square‑foot, two‑story building on a 0.16‑acre corner parcel
- Built in 1923 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
NOI $151,359 @ 7.0% cap · market cap 19.53%
Second Best
Apartment 5plus
$1.10M
$964.5K – $1.29M
NOI $77,162 @ 7.0% cap · market cap 9.96%
Theoretical Best
Flex RnD
$2.45M
$2.14M – $2.85M
NOI $171,299 @ 7.0% cap · market cap 22.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
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
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four commercial suites and four occupied apartments combine retail and residential space in one property.
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: Four commercial spaces and four apartments; all are currently occupied; 6,480‑square‑foot, two‑story building on a 0.16‑acre corner parcel; Built in 1923 at 7th and A
