855 New Navy Base Rd, Eureka, CA 95564

Property Details for 855 New Navy Base Rd

Year built

1860

Lot size

22.70 lot acres

Property type

Industrial properties

Property subtype

Flex space

Description

This exceptional 22-acre property, located at 855 New Navy Base Rd, Samoa, CA 95564, presents a unique investment opportunity in Humboldt County. Zoned Marine Coastal Industrial, this expansive site boasts a prime waterfront location on Humboldt Bay, offering unparalleled potential. Currently featuring five units – four residential units, a bathhouse, and a charming beachfront cabin – the property provides immediate income generation. The existing structures, built in 1860 and renovated in 2020, are complemented by readily available utilities including community water, septic, LP gas, and electricity. The property's 400-4,541 square feet of flexible industrial space across five buildings offers versatility for various commercial uses. Its strategic location near the planned offshore wind farm development presents significant long-term growth potential, with possibilities for future docking infrastructure and aquatic-based businesses. The land value is $396 per square foot, and the asking price for the entire property is $1,800,000, or $450,000 per unit. This is one of the few remaining industrial/commercial properties available for sale near the burgeoning offshore wind farm project. A full offering memorandum is available upon request. This property offers a blend of immediate income and substantial future development potential, making it an exceptional addition to any investment portfolio.

Location Insight

City

Eureka

County

Humboldt

State

California

Longitude

-124.208

Latitude

40.7792