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Property profile

1644 G St Arcata, CA 95521

OFF-MARKET
Retail properties & Spaces
5,864 SF
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Property summary

AI-generated overview

This exceptional commercial property at 1644 G Street in Arcata, California, presents a rare opportunity to acquire a piece of Humboldt County history. The 5,864 square foot retail space boasts a long and established tenant history, including The Hutch and Hey Juan Burritos, both of which have occupied the property for decades. This prime retail location is situated within a thriving retail strip center, neighboring businesses such as iExperts Repair and Hair Unlimited. Adding to the investment potential, the property includes two residential apartments. A one-bedroom, one-bathroom apartment is located in the rear alley and has a long-term tenant. A second apartment, featuring two bedrooms and one bathroom, is currently leased for storage and office space by Hey Juan's. The property is zoned for commercial use and offers significant upside potential for a savvy investor. Located in the desirable 95521 zip code of Arcata, this property provides immediate income generation and the potential for future growth. The asking price for this remarkable property is $1,500,000. This is a unique opportunity to own a well-established and profitable commercial property in a vibrant California town. The property's rich history and strong tenant base make it an attractive investment for those seeking a stable and potentially appreciating asset.

Property profile

Verified
Property type Retail properties & Spaces
Total area 5,864 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Specialty Food Shop Wine and Liquor Store
  • Atm
  • Crypto Atm Atm
  • Atm

Location

1644 G St Arcata, CA 95521
Arcata metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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