1385 8th St - Medical FOR SALE


Arcata, CA 95521
$7,050,000 USD
707-388-3623
1385 8th St, Arcata, CA for Sale
$7,050,000 USD
Medical - FOR SALE
1/7
null | 7.66% Cap Rate

1385 8th St
Arcata, CA 95521


HIGHLIGHTS

  • Fully leased mixed-use investment generating $54,000+ monthly income across office, medical, and warehouse tenants.
  • Situated on 5.33 acres within the Arcata Gateway Project, offering future development potential and added flexibility.
  • Strong North Coast location near Cal Poly Humboldt with access to major employment, healthcare, logistics, and government sectors.
  • Strategic Humboldt Bay corridor position with seamless access to Redwood Highway and continued regional growth drivers.

OVERVIEW

Arcata Technology Center offers a rare opportunity to acquire a fully leased, mixed-use asset totaling 54,523 square feet across office, medical, and warehouse space at 1385 8th Street. Situated on 5.33 acres spanning three parcels, the property generates more than $54,000 in monthly income and provides investors with immediate cash flow backed by a diverse tenant mix. The combination of stabilized occupancy, multiple use types, and long-term flexibility positions the asset as an attractive option for investors, including those seeking a 1031 exchange opportunity. Located within the Arcata Gateway Project area, 1385 8th Street benefits from a framework that allows for additional development opportunities, creating potential value beyond its current income stream. Existing tenancy includes established occupants, reinforcing the property's role as a functional business hub. The site's size, multi-building configuration, and mixed-use design provide versatility and support a broad range of commercial uses serving the surrounding market. 1385 8th Street is positioned within the Humboldt Bay corridor, the North Coast's primary employment and service center, supported by healthcare, government, higher education, maritime activity, logistics, and a diverse base of regional businesses. Minutes from California State Polytechnic University, Humboldt, the area continues to benefit from university expansion, population growth, and growing interest from remote workers relocating to the region. Convenient access to Redwood Highway enhances connectivity throughout Northern California, while nearby destinations, including Holly Yashi, The Pub at The Creamery, and the Arcata Playhouse, contribute to the area's established commercial appeal. Arcata Technology Center combines stable in-place income with future development flexibility in one of Northern California's supply-constrained coastal markets. The ability to capitalize on current cash flow while maintaining potential for future expansion creates a compelling investment profile supported by strong regional employment drivers, institutional growth, and strategic location advantages.

FOR SALE DETAILS

PRICE

$7,050,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

7.66%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arcata Technology Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

undefined, Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.33 AC

LAND SF

232,175 SF

ZONING

I-C

APN/PARCEL ID

021-174-012-000

ASK ABOUT THIS PROPERTY

Dave WellsWells CommercialMore Info
707-388-3623

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Dave WellsWells CommercialMore Info
707-388-3623

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.