Waterfront Mixed-Use Industrial
4051 Broadway Eureka, CA 95503
4051 Broadway, Eureka, CA, 95503
$5,999,000
For Sale
$5,999,000
Multi-use asset on Humboldt Bay with retail, office suites, and 11-unit industrial space plus surplus land for yard storage.
Property Size67,500 SF
Lot Size25.13 Acres
Price / SF$88.87
Days on Market193
Property Features for 4051 Broadway
General Information
- Standard status
- Active
- Size
- 67,500 SF
- Lot size
- 25.13 Acres
Listing agency
Wells Commercial R.E. & Investment
(707) 832-9121
Listed by
David Wells · License #01700566
(707) 832-9121
Source
Exprealty
Added: Jan 9 Updated: Jul 21 at 7:14AM Checked: Jul 21 at 7:14AM
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 Wells Commercial R.E. & Investment
Investment Insights
Based on property information with market context.
This multi-use waterfront property totals approximately 25.13 acres along Humboldt Bay and includes approximately 67,500 SF of improvements. The improvements comprise a 12,148 SF retail building occupied by The United States Bakery, a one-story office building with 10 suites totaling 2,353 SF, and 53,000 SF of industrial space arranged across 11 units.
The property is positioned between Arcata and Eureka and offers access and visibility from US 101. Additional connectivity is supported via State Route 299 to I-5.
An estimated 10 acres of surplus land is included for yard and storage use, with portions currently leased. Financial information is available upon request.
The property is positioned between Arcata and Eureka and offers access and visibility from US 101. Additional connectivity is supported via State Route 299 to I-5.
An estimated 10 acres of surplus land is included for yard and storage use, with portions currently leased. Financial information is available upon request.
Key Highlights
- Multi‑use waterfront property totaling approx. 25.13 acres along Humboldt Bay, with access and visibility from US 101 between Arcata & Eureka.
- Approx. 67,500 SF of improvements: 12,148 SF retail building occupied by The United States Bakery.
- One‑story office building with 10 suites totaling approx. 2,353 SF.
Local Financial Insights For Warehouse
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 | $607.5k | $9.00 |
| − Vacancy | −$45.0k | −$0.67 |
| EGI | $562.5k | $8.33 |
| − OpEx | −$84.4k | −$1.25 |
| NOI | $478.2k | $7.08 |
67,500 SF · lease $9.00/SF/yr · vacancy 7.40% · expense 15.00%
Alternative Uses
Best Use
Retail
$22.52M
$19.71M – $26.28M
NOI $1,576,657 @ 7.0% cap · market cap 26.28%
Second Best
Office B
$12.56M
$10.99M – $14.65M
NOI $879,174 @ 7.0% cap · market cap 14.66%
Theoretical Best
Flex RnD
$25.49M
$22.30M – $29.74M
NOI $1,784,361 @ 7.0% cap · market cap 29.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
Similar Off Market Nearby
- Rainbow Self-Storage — 4055 Broadway St, Eureka, CA 95503
FAQs
What type of property is this?
Warehouse - Multi-use asset on Humboldt Bay with retail, office suites, and 11-unit industrial space plus surplus land for yard storage.
Where is this warehouse located?
The property is located at 4051 Broadway Eureka, CA.
What is the asking price?
The asking price for this property is $5,999,000.
What are key features of this property?
This property features: Multi‑use waterfront property totaling approx. 25.13 acres along Humboldt Bay, with access and visibility from US 101 between Arcata & Eureka.; Approx. 67,500 SF of improvements: 12,148 SF retail building occupied by The United States Bakery.; One‑story office building with 10 suites totaling approx. 2,353 SF.
