7 2nd St Eureka, CA 95501-0214
This exceptional 9,000 square foot industrial property, located at 7 W 2nd Street in Eureka, California, presents a unique investment opportunity. Situated on a 0.23-acre lot, this versatile warehouse boasts a flexible layout suitable for a variety of commercial uses. Currently configured as a cannabis production facility, the improvements significantly exceed the asking price of $1,250,000. The property's light industrial zoning allows for non-volatile extraction, with the potential for volatile extraction through a conditional use permit. Alternatively, the space is ideally suited for a food makers' headquarters, enabling multiple vendors to operate under one roof. This turnkey facility offers numerous possibilities for entrepreneurs seeking a ready-to-use space. A comprehensive list of fixtures and equipment is available for separate purchase, providing flexibility for customization. The property's prime location in Humboldt County, CA, zip code 95501, offers excellent access to transportation and local amenities. This is a rare chance to acquire a well-maintained, adaptable industrial space at a highly competitive price. Don't miss this opportunity to establish your business in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ML · Eureka, CAEureka. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.