701 5th St | Eureka, CA 95501
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701 5th St
Eureka, CA 95501
Office Property For Sale
Investment Highlights
- Versatile Mixed-Use Zoning
- Distinctive Building
- Hwy 101 Business Frontage
Executive Summary
701 Fifth Street is a centrally located office building on the corner of highway 101 (Fifth) and H Street in the Downtown Zoning District. The property is located just one block from the Humboldt County Superior Courthouse and across the street from the Post Office. The Premises totals approximately 25,396 square feet, is a three story building plus a below grade lower level located in Eureka’s main business district and comprises a full bank branch in addition to a walk-up ATM. The rectangular-shaped parcel is approximately 0.30 acres. The additional parking lot parcel is .015 acres. Currently home to Umpqua Bank, the ground and second floors are occupied. A seller leaseback may be considered, or the premises can be vacated to make way for a new owner's plans. Pricing undisclosed, all reasonable offers to be considered.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
25,255 SF
Building Class
B
Year Built
1920
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
8,418 SF
Building FAR
1.93
Lot Size
0.30 AC
Opportunity Zone
Yes
Zoning
Downtown - Mixed-use: promoting a vibrant center for residents, businesses, the arts, local/regional visitors and out-of-town tourists.
Parking
32 Spaces (1.27 Spaces per 1,000 SF Leased)
Amenities
- Banking
- Security System
- Storage Space
- Natural Light
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £2,137,550 | |
| Land Assessment | £753,283 | Total Assessment | £2,890,833 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£753,283
Improvements Assessment
£2,137,550
Total Assessment
£2,890,833
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