Mixed-Use Property with
New
For Sale
$1,999,000
4611 Central Avenue, McKinleyville, CA 95519
McKinleyville, CA
Property Size7,000 SF
Lot Size1.42 Acres
Price / SF$285.57
Days on Market6
Property Features for 4611 Central Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
12
Bathrooms
12
Full bathrooms
10
Half bathrooms
2
Rooms
Bedroom 12, Bathroom 12, Bathroom 6, Bedroom 6, Bathroom 10, Laundry Room, Bathroom 1, Bedroom 9, Bathroom 5, Bedroom 7, Bathroom 11, Bedroom 10, Bedroom 5, Bathroom 9, Bedroom 1, Bathroom 2, Bedroom 11, Bedroom 8, Bathroom 4, Bathroom 7, Bathroom 3, Bedroom 4, Bathroom 8, Bedroom 3, Bedroom 2
Parking
1
Lot features
Level with Street, 2-5 Units/ Acre
Elementary school district
ABC Unified
Middle school district
ABC Unified
High school district
ABC Unified
Directions
Central Ave by the Clam Beach exit
Standard status
Active
APN
511331018000
Size
7,000 SF
Lot size
1.42 Acres
Utilities
Sewer type
Unknown
Heating system
Natural Gas
Water source
Public
Building Details
Year built
1990
Floors in Building
1
Number of units
12
Listing Agency:
Fortune Real Estate Enterprise
(714) 791-6060
Listed By:
Franco Pepe · License #01391797
(831) 417-1000
Added: Oct 1
Changed: Oct 6
Last Checked: Oct 6 at 10:06PM
MLS# SW26213850
Copyright © 2026 California Regional Multiple Listing Service, Inc. 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.
This 7,000-square-foot mixed-use property occupies 1.4158 acres and combines residential units with commercial space. The site includes a three-bedroom, one-bath residence with central heating and a great-room fireplace, plus nine smaller units historically used as rentals. Two-bedroom, one-bath layouts are noted among the smaller units, which have off-street parking and updated interiors. The commercial component includes the Clam Beach Tavern and adjacent mini-market areas; 5,000 square feet is currently available for lease. Refrigerators and equipment are included.
The property is at 4611 Central Avenue in McKinleyville, Humboldt County. The building was constructed in 1990, and the water source is public. Uses identified for the commercial space include tavern or lounge, retail, and event venue, subject to permitted uses.
The property is at 4611 Central Avenue in McKinleyville, Humboldt County. The building was constructed in 1990, and the water source is public. Uses identified for the commercial space include tavern or lounge, retail, and event venue, subject to permitted uses.
Key Highlights
- Mixed‑use property on 1.4158 acres
- 7,000 square feet of total property area
- 5,000 square feet of commercial space currently available for lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$175,184
Cap Rate
8.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,503,680
$3.5M
Cap Rate 7%
$2,502,629
$2.5M
Cap Rate 9%
$1,946,489
$1.9M
Market Conditions
NOI Build-Up for 7,000 SF
Gross rent
$260.4K $37.20/SF
− Vacancy
−$26.8K −$3.83/SF
EGI
$233.6K $33.37/SF
− OpEx
−$58.4K −$8.34/SF
NOI
$175.2K $25.03/SF
Area
Humboldt County, CA
Vacancy
10.30%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,503,680
Cap Rate 7%
$2,502,629
Cap Rate 9%
$1,946,489
Alternative Uses
Best Use
Specialty Retail
$2.50M
$2.19M – $2.92M
NOI $175,184 @ 7.0% cap · market cap 8.76%
Second Best
Retail
$2.34M
$2.04M – $2.73M
NOI $163,505 @ 7.0% cap · market cap 8.18%
Theoretical Best
Flex RnD
$2.64M
$2.31M – $3.08M
NOI $185,045 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
10
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Explore this area
Business Placement
Demographics for 95519, CA
18,421
Population
8,240
Households
2.2
Avg Household Size
41
Median Age
38%
College-Educated
94%
High-School Grad
53.8 sq mi
ZIP Area
342
Density / Sq Mi
$66,687
Median Household Income
$38,291
Median Earnings
$1,442
Median Rent
$432,600
Median Home Value
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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 - A combination of residential units and commercial areas includes space currently available for lease.
Where is this mixed-use property located?
The property is located at 4611 Central Avenue McKinleyville, CA.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Mixed‑use property on 1.4158 acres; 7,000 square feet of total property area; 5,000 square feet of commercial space currently available for lease
