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Property profile & analytics
FOR SALE
Retail space
218 D St Eureka, CA 95501
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1523314
For Sale
1 / 100
$1,450,000
218 D St, Eureka, CA 95501
View Listing →
Property summary
AI-generated overview
This exceptional opportunity presents the chance to acquire Roy's Club, a well-established and meticulously maintained business located in Old Town Eureka, California. This 9,840 square foot, two-story building, constructed in 1915, sits on a corner lot and boasts ample parking (4 spaces). The property, zoned commercial CR/F, features a fully stocked restaurant and bar, a separate banquet room with its own kitchen, a retail store area, and a sizable manufacturing/storage room (formerly a deli). Upstairs, a three-bedroom apartment offers significant potential as a vacation rental, with comparable units commanding $300 per night. The property includes two commercial kitchens, a wine room, and an oversized pasta preparation area. The building's rich history, dating back to 1919, as a cigar shop, speakeasy, tavern, and restaurant, provides a strong foundation for continued success. The asking price is $2,400,000 ($243.90 per square foot). The property's multiple revenue streams, prime location, and substantial square footage present a unique investment opportunity in the heart of Old Town Eureka. The seller may consider carrying a portion of the financing. APN: 001-061-002-000.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1915
Total area
7,224 SF
Lot
0.2 ac (8,712 SF)
Zoning code
CW
APN
001-061-002-000
UPID
US09-1523314
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Mural Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$588k
Blend (final)
Blend
$545k
Owner & transaction history
Evo F Fanucchi · 2 yrs held
Evo F Fanucchi
since 2023
4 recorded transactions
Zoning & alternative use
CW · Eureka, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Eureka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eureka submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$860,000
Current use
APARTMENT HOUSE (5+ UNITS)
$845,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$545k
Range $491k – $600k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$75 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$8,093
Tax year 2024
Assessed value
$771,488
Assessed 2024
Previous assessed
$771,488
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$87,475
Assessed improvement
$684,013
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1915
Heating
BASEBOARD
Stories
2
Total area
7,224 SF
Lot
0.2 ac (8,712 SF)
Zoning code
CW
APN
001-061-002-000
UPID
US09-1523314
Jurisdiction
HUMBOLDT
Zoning & alternative use
CW · Eureka, CA
Zoning CW · permitted uses
CW · Eureka, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eureka. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$860,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$845,000
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1915
Heating
BASEBOARD
Stories
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
Evo F Fanucchi
Individual
Free & Clear · 2 yrs held
Mailing address
575 WESTGATE DR, EUREKA, CA 95503-6657
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2023
—
Evo F Fanucchi
Evo F Fanucchi
Intrafamily Transfer
related
—
Sep 26, 1997
—
Evo F Fanucchi
Fanucchi,evo F & Catherine L
Quit Claim Deed
related
$321,364 · Humboldt Bank
Sep 25, 1996
—
Evo F Fanucchi
Newell,ida A
Grant Deed
$325,000 · Humboldt Bank
Oct 2, 1995
$70,000
Evo F Fanucchi
Newell,ida A
Quit Claim Deed
related
$70,000 · Individual
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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