1420 4th St Eureka, CA 95501-0663
- Investment properties
- 0.45 lot acres
Current Use by Public Records
- Christie's Motel / Motel
Property Details for 1420 4th St
- Lot size
- 0.45 lot acres
- Zone code
- CS-AR
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 001-224-002-000
- APU
- 1224002000
Description
This exceptional 24-room motel presents a lucrative investment opportunity in Eureka, California. Located at 1420 4th St, this established hospitality business boasts a strong track record and steady clientele. The property, built in 1950, offers 4,922 square feet of space and is zoned for commercial use. The asking price is $2,000,000, translating to $406.34 per square foot. The motel features a mix of rooms, some equipped with kitchenettes, catering to a variety of guest needs. A significant advantage is the inclusion of a spacious manager's unit complete with laundry facilities, providing convenient on-site management capabilities. Its prime location offers excellent visibility and accessibility, benefiting from high traffic counts due to its frontage on both Highway 101 and Myrtle Avenue. The property's APN is 001-224-002. This well-established business is ready for a new owner to continue its success. The property's long history of profitability makes it an attractive investment in the thriving Eureka market. This is a rare opportunity to acquire a turnkey hospitality business with significant potential for growth and return on investment. The property is located in Humboldt County, CA, zip code 95501.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Eureka
- County
- Humboldt
- State
- California
- Longitude
- -124.156
- Latitude
- 40.8039
- CBSA code
- 21700
- CBSA name
- EUREKA-ARCATA-FORTUNA, CA MICROPOLITAN STATISTICAL AREA
