1062 G St Arcata, CA 95521-5800
- Commercial real estate
- 0.30 lot acres
Current Use by Public Records
- SHN Consulting Engineers & Geologists / Engineering Consultant
- Streamline Planning Consultants / Environmental Consultant
- Fast Roof Concepts / Roofing Contractor
- Redfield Caroline / Massage Therapist
Property Details for 1062 G St
- Lot size
- 0.30 lot acres
- Zone code
- CC
- Property type
- Commercial real estate
- APN
- 021-051-009-000
- APU
- 21051009000
Description
The Allen Building offers a unique opportunity to lease 3,000 square feet of versatile office space in the heart of Arcata. This 12,000 square foot, two-story building, constructed in 1960, is classified as Class C and sits on a 0.3-acre lot (APN 021-051-009). The space is ideal for coworking, creative office uses, or traditional office setups, offering flexibility for various business needs. Located just two blocks from the Arcata Plaza and conveniently close to the Cal Poly Humboldt campus, this location provides excellent accessibility and visibility. The available space is part of a multi-tenant building, and includes six reserved parking spaces—a significant advantage in downtown Arcata. A key benefit is that utilities are included in the base rent, minimizing operational costs. While the building does not have elevators, the two-story structure offers convenient access to the available space. The maximum contiguous space available is 3,000 square feet, making it suitable for a single tenant or a smaller group of businesses. This property presents a compelling opportunity for businesses seeking a well-located, amenity-rich office space in a vibrant Arcata setting.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,620,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,915,000
- 6.5%
- $1,945,000
- 7%
- $1,775,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,035,000
- Geo Method
- $1,550,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,155,000
- Retail
- $1,695,000
- Mixed-Use
- $2,115,000
- Hospitality
- $1,570,000
- Educational
- $1,620,000
- Residential Income
- $1,685,000
- Energy
- $1,735,000
- Income-Based Land
- $1,915,000
- Food Service
- $2,080,000
Location Insight
- Map
- Local Demand
- City
- Arcata
- County
- Humboldt
- State
- California
- Longitude
- -124.085
- Latitude
- 40.87
- CBSA code
- 21700
- CBSA name
- EUREKA-ARCATA-FORTUNA, CA MICROPOLITAN STATISTICAL AREA
