Waterfront Mixed-Use Industrial
For Sale
$5,999,000
4051 Broadway, Eureka, CA 95503
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 Market286
Property Features for 4051 Broadway
General Information
Standard status
Active
Size
67,500 SF
Lot size
25.13 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
10
Listing Agency:
Wells Commercial R.E. & Investment
(707) 444-3624
Listed By:
David Wells · License #01700566
(707) 832-9121
Source:
Exprealty
Added: Jan 9
Changed: Oct 17
Last Checked: Oct 20 at 9:24PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$478,163
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,563,260
$9.6M
Cap Rate 7%
$6,830,900
$6.8M
Cap Rate 9%
$5,312,922
$5.3M
Market Conditions
NOI Build-Up for 67,500 SF
Gross rent
$607.5K $9.00/SF
− Vacancy
−$45.0K −$0.67/SF
EGI
$562.5K $8.33/SF
− OpEx
−$84.4K −$1.25/SF
NOI
$478.2K $7.08/SF
Area
Humboldt County, CA
Vacancy
7.40%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,563,260
Cap Rate 7%
$6,830,900
Cap Rate 9%
$5,312,922
Alternative Uses
Best Use
Office B
$12.56M
$10.99M – $14.65M
NOI $879,174 @ 7.0% cap · market cap 14.66%
Second Best
Warehouse
$6.83M
$5.98M – $7.97M
NOI $478,163 @ 7.0% cap · market cap 7.97%
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 authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
10
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
197
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95503, CA
24,488
Population
10,738
Households
2.3
Avg Household Size
42
Median Age
29%
College-Educated
91%
High-School Grad
83.7 sq mi
ZIP Area
293
Density / Sq Mi
$76,708
Median Household Income
$36,822
Median Earnings
$1,485
Median Rent
$411,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Rainbow Self-Storage — 4055 Broadway St, Eureka, CA 95503
Frequently Asked Questions
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.
