Historic Boutique
518 7th, Eureka, CA 95501
For Sale
$9,900,000
A Wyndham-affiliated lodging property combines guest rooms, dining, event facilities, and separate parking parcels.
Property Size93,000 SF
Lot Size1.81 Acres
Price / SF$106.45
Days on Market32
Property Features for 518 7th
General Information
Standard status
Size
Lot size
Zoning
Additional Details
Business Included
Liquor License
Currently Operating
Amenities
meeting and event space
two restaurants
on-site bar
separate beer bar
pool
business center
Building Details
Building Size
Year Built
Year Renovated
Buildings
Stories
Listing Agency:
IRN Realty
Listed By:
TANADOL AUEYONG · License #02121308
(626) 227-5994
Source:
Evrealestate
Added: Oct 9
Changed: Nov 8
Last Checked: Oct 11 at 4:32AM
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 IRN Realty
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Investment Insights
Based on property information with market context.
The Eureka Inn is a four-story, 115-room hotel totaling 93,000 square feet on approximately 1.81 acres across three parcels. Renovated in 2021, the property operates within the Trademark Collection by Wyndham. Guest amenities include two restaurants, an on-site bar, a separate beer bar beneath the kitchen, a pool, and a business center. Approximately 4,880 square feet of meeting and event space includes a largest room of about 2,700 square feet.
The hotel has operated in downtown Eureka since 1922 and is listed on the National Register of Historic Places. The property includes an adjacent parking lot with approximately 13 stalls and a detached lot with approximately 68 stalls. CC-LW zoning applies. The sale includes a California Type 47 On-Sale General – Eating Place liquor license.
The hotel has operated in downtown Eureka since 1922 and is listed on the National Register of Historic Places. The property includes an adjacent parking lot with approximately 13 stalls and a detached lot with approximately 68 stalls. CC-LW zoning applies. The sale includes a California Type 47 On-Sale General – Eating Place liquor license.
Key Highlights
- 115‑room hotel in a four‑story, 93,000‑square‑foot building
- Approximately 1.81 acres across three parcels
- Renovated in 2021; listed on the National Register of Historic Places
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$563,231
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,264,620
$11.3M
Cap Rate 7%
$8,046,157
$8.0M
Cap Rate 9%
$6,258,122
$6.3M
Market Conditions
NOI Build-Up for 93,000 SF
Gross rent
$1.40M $15.00/SF
− Vacancy
−$209.3K −$2.25/SF
EGI
$1.19M $12.75/SF
− OpEx
−$622.5K −$6.69/SF
NOI
$563.2K $6.06/SF
Area
Humboldt County, CA
Vacancy
15.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,264,620
Cap Rate 7%
$8,046,157
Cap Rate 9%
$6,258,122
Alternative Uses
Best Use
Hotel Hospitality
$8.05M
$7.04M – $9.39M
NOI $563,231 @ 7.0% cap · market cap 5.69%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$35.12M
$30.73M – $40.97M
NOI $2,458,453 @ 7.0% cap · market cap 24.83%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
2,091
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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Frequently Asked Questions
What type of property is this?
Hotel - A Wyndham-affiliated lodging property combines guest rooms, dining, event facilities, and separate parking parcels.
Where is this hotel located?
The property is located at 518 7th Eureka, CA.
What is the asking price?
The asking price for this property is $9,900,000.
What are key features of this property?
This property features: 115‑room hotel in a four‑story, 93,000‑square‑foot building; Approximately 1.81 acres across three parcels; Renovated in 2021; listed on the National Register of Historic Places
