115-Room Historic
For Sale
$9,900,000
518 7th, Eureka, CA 95501
Commercial Sale, Eureka, CA
Property Size93,000 SF
Lot Size1.81 Acres
Price / SF$106.45
Days on Market64
Property Features for 518 7th
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
South of 7th St & East of F St
Standard status
Active
APN
001156001000
Lot size
1.81 Acres
Tenancy & Operations
Currently Operating
Yes
Business Included
Yes
Amenities
meeting and event space
two restaurants
on-site bar
separate beer bar
pool
business center
Building Details
Buildings
1
Listing Agency:
IRN REALTY
(626) 447-5100
Listed By:
TANADOL AUEYONG · License #02121308
(626) 227-5994
Added: Sep 2
Changed: Nov 2
Last Checked: Nov 4 at 8:06PM
MLS# WS26220178
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.
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.
The Eureka Inn is a 115-room hotel in a four-story, 93,000-square-foot building, renovated in 2021. Its operations are affiliated with Trademark Collection by Wyndham. The property includes two restaurants, an on-site bar, a separate beer bar below 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 approximately 1.81-acre site spans three parcels: the hotel parcel and two separate parking parcels. Zoning is CC-LW. The adjacent parking lot has approximately 13 stalls, while the detached lot has approximately 68.
The sale also 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 approximately 1.81-acre site spans three parcels: the hotel parcel and two separate parking parcels. Zoning is CC-LW. The adjacent parking lot has approximately 13 stalls, while the detached lot has approximately 68.
The sale also includes a California Type 47 On-Sale General - Eating Place liquor license.
Key Highlights
- 115‑room hotel in a four‑story, 93,000 SF building
- Approximately 1.81 acres across three parcels, including two separate parking‑lot 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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Hotel - Four floors combine guest accommodations, dining, event facilities, and recreation in a renovated hospitality property.
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 SF building; Approximately 1.81 acres across three parcels, including two separate parking‑lot parcels; Renovated in 2021; listed on the National Register of Historic Places
