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Mixed-Use Property with Private Rooms
For Sale
$329,000

514 12th Street, Fortuna, CA 95540

Commercial Sale, Fortuna, CA

Property Size1,060 SF
Lot Size0.07 Acres
Price / SF$310.38
Days on Market9

Property Features for 514 12th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Directions Located across the street from Bob's footlongs on 12th Street.
Subdivision Mid County
Standard status Active
APN 040-202-004
Size 1,060 SF
Lot size 0.07 Acres

Amenities

two private rooms
full kitchen
full bathroom
two open common areas
off-street parking
fully fenced backyard
low-maintenance grounds

Building Details

Flooring type Carpet, Laminate
Building materials Stucco
Roof type Shingle
Listing Agency: EXP Realty of California, Inc.
Listed By: Cody Michael Hurst · License #02097302
Added: Sep 28 Changed: Oct 6 Last Checked: Oct 6 at 10:06PM
MLS# 273449

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.

This 1,060-square-foot mixed-use property has two private rooms, a full kitchen, a full bathroom, and two open common areas. The building is finished with stucco and has a shingle roof; carpet is listed among its flooring materials.

The 0.07-acre parcel includes off-street parking at the rear and a fenced backyard. The property is located on 12th Street in Fortuna.

Key Highlights

  • 1,060‑square‑foot property on a 0.07‑acre parcel
  • Two private rooms, kitchen, full bathroom, and two open common areas
  • Rear off‑street parking and a fenced backyard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,759
Cap Rate
7.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$495,180 $495.2K
Cap Rate 7%
$353,700 $353.7K
Cap Rate 9%
$275,100 $275.1K
Market Conditions
NOI Build-Up for 1,060 SF
Gross rent
$39.4K $37.20/SF
− Vacancy
−$4.1K −$3.83/SF
EGI
$35.4K $33.37/SF
− OpEx
−$10.6K −$10.01/SF
NOI
$24.8K $23.36/SF
Area
Humboldt County, CA
Vacancy
10.30%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$495,180
Cap Rate 7%
$353,700
Cap Rate 9%
$275,100

Alternative Uses

Best Use
Retail
$353.7K
$309.5K – $412.7K (±1% cap)
NOI $24,759 @ 7.0% cap · market cap 7.53%
Second Best
Mixed Use
$153.3K
$134.2K – $178.9K (±1% cap)
NOI $10,733 @ 7.0% cap · market cap 3.26%
Theoretical Best
Flex RnD
$400.3K
$350.3K – $467.0K (±1% cap)
NOI $28,021 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

595
Businesses Nearby
46k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 34% Shops & Services 33% Groceries 22% Dining 7%
Fortuna Ace Hardware & Garden Inc Home Improvements & Furnishings
13,087 visits/mo 0.5 miles
Ray's Food Place Groceries
10,208 visits/mo 0.4 miles
Chevron Shops & Services
7,218 visits/mo 0.3 miles
U.S. Bank Shops & Services
4,400 visits/mo 0.1 miles
Little Caesars Pizza Dining
3,396 visits/mo 0.3 miles

Demographics for 95540, CA

14,055
Population
6,087
Households
2.3
Avg Household Size
40
Median Age
24%
College-Educated
88%
High-School Grad
34.1 sq mi
ZIP Area
412
Density / Sq Mi
$62,346
Median Household Income
$37,309
Median Earnings
$1,135
Median Rent
$362,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The interior includes a kitchen, bathroom, and two shared areas, with rear parking and a fenced yard.
Where is this mixed-use property located?
The property is located at 514 12th Street Fortuna, CA.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: 1,060‑square‑foot property on a 0.07‑acre parcel; Two private rooms, kitchen, full bathroom, and two open common areas; Rear off‑street parking and a fenced backyard
More about this property
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