1385 8th Street, Arcata, CA 95521 - Commercial

$ 9,390,000 On the Market Save to FavoritesSaved      

Description:

The subject property is a 54,523 SF building mixed in use, ranging from office, medical and warehouse. The property is situated on 5.33 acres on three parcels, and located within the Arcata Gateway Project, allowing for additional development options. Nearby establishments include Holly Yashi, The Pub at The Creamery and the Arcata Playhouse. The property is fully leased with over $54,000 in monthly income, and could make a superb 1031 exchange.

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Quick Facts

Area:
54523 sq ft
Lot Size:
5.33 acres
Asking Price:
$ 9,390,000
Days on Market:
65
Listing Office:
Wells Commercial R.E. & Investment
Listing Agent:
David Wells
Contact:
Ming Tree, Realtors
707-445-4500

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    Location Features:

  • Gated Entry: No
  • Walk Score®: 85 Very Walkable - Most errands can be accomplished on foot
  • Transit Score®: 0 Minimal Transit - It is possible to get on a bus
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Neighborhood details for 1385 8th Street, Arcata, CA 95521 - Neighborhood: Downtown / Uniontown

HousingNear HereNeighborhoodZip Code
Total Households7873569099
Median Age of Home196719691969
Median Property Value$336,229$350,295$339,963
Homes Owner Occupied47.52%16.6%37.85%
Homes Rented52.48%83.4%62.15%
Homes Vacant5.08%4.84%4.73%
Median Rent$1,250$ 857$ 877
Crime Risk (national avg is 100)Near HereNeighborhoodZip Code
Overall Crime Risk67131110
Murder Risk138171148
Assault Risk649886
Burglary Risk122186166
Vehicle Theft Risk87165148
PeopleNear HereNeighborhoodZip Code
Population180269120336
Male51.17%54.42%50.96%
Female48.83%45.58%49.04%
Median Age31.227.831.8
People Per Household2.652.192.41
Households with Children46.59%26.88%40.29%
Median Household Income$43,561$31,004$40,506
EducationNear HereNeighborhoodZip Code
Some High School1.13%5.2%7.74%
High School9.63%19.69%16.38%
Associate Degree5.81%9.1%6.76%
Bachelors Degree32.7%23.78%24.26%
Masters Degree2.34%5.98%8.34%
Graduate Degree6.42%9.01%14.05%
Professional Degree0.0%0.47%2.2%
Doctorate Degree4.08%2.56%3.51%
CommutingNear HereNeighborhoodZip Code
Average commute time15 minutes13 minutes16 minutes
Travel by Car64.92%66.16%73.07%
Travel by Public Transportation0.0%0.0%0.68%
Travel by Walking4.55%14.66%11.51%
Travel by Other0.0%0.0%0.0%
Work from Home0.0%11.73%4.8%
WeatherNear HereNeighborhoodZip Code
Average Annual temperature52 degrees52 degrees53 degrees
Average Annual minimum45 degrees45 degrees43 degrees
Average Annual maximum59 degrees60 degrees62 degrees
January Average Low39 degrees39 degrees36 degrees
July Average High63 degrees63 degrees72 degrees
Sunny Days per Year186 days186 days186 days
Partly Clear Days per Year78 days78 days78 days
Cloudy Days per Year7 days7 days7 days
Rainy Days per Year117 days117 days117 days
Snowy Days per Year0 days0 days0 days
Annual Rainfall42.0 in.42.05 in.68.08 in.
Annual Snowfall0 in.0 in.0 in.
Environmental (national avg is 100)Near HereNeighborhoodZip Code
Pollution Index100100100
Earthquake Index641641641
Wind Index222
Hurricane Index000
Tornado Index888
Hail Index000

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Based on information from the Humboldt Association of REALTORS®, as of 10/31/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker or MLS for accuracy. All information should be independently reviewed and verified of accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright ©2024 Humboldt Association of Realtors®. All rights reserved.