1420 4th Street, Eureka, CA 95501

$1,200,000
7,688
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,200,000
MLS#
273056
Sq. Ft
7,688
Acres
0.44

Property Description

Excellent investment and redevelopment opportunity in the heart of Eureka. Currently operating as a 24-unit motel, the property may remain in hospitality use or potentially be converted to long-term rentals, helping support the city's housing goals, subject to approvals. Situated on a prominent 19,656 SF parcel along southbound Highway 101, it offers excellent visibility, access, and exposure. The property is conveniently located to Old Town and Downtown and all they have to offer. Also included is a spacious 3-bedroom manager's unit with a full kitchen, plus laundry. The city may also consider vacating the adjacent portion of Myrtle Avenue, which could enhance future development potential.

Additional Information

County
South Bay
City
Eureka
Garage Description
11 - 20 Spaces, On Site

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of C.B. Commercial Pacific Partners Real Estate.