1420 4th St, Eureka, CA 95501, Eureka, CA 95501
sale
$1,200,000
|
Other
Courtesy Of Coldwell Banker Commercial Pacific Partners Real Estate
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.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- MLSID: 273056
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