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516 2nd Street, Eureka, CA 95501 (MLS# 263295)

$825,000
516 2nd Street
Eureka, CA 95501
MLS# 263295
Status: Sold
4145 sqft
516 2nd Street, Eureka, CA 95501
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Property Description
This historical piece of Eureka is looking for new owners. Built in 1878, this building has seen its share of uses. Since 2008 it has been run as Oberon Grill at which point the building went through major renovations and is built to last. A 60 year metal roof was put on at that time and is ready for solar. Features inside include the large dining and bar area with a capacity of 89. There is a mezzanine known as The Ruby Room which is often used for events and has a capacity of 49. The kitchen has been updated with new equipment within the last year and a half and there is a studio unit upstairs as well. The space is versatile and open, allowing for a variety of uses. Its location within sight of the gazebo is ideal for foot traffic and travelers. Outside seating established as well.

Details
Listing Information
Status: Sold
List Date: 2022-11-28
List Price: $849,000
Current Price: $825,000
Sold Date: 2023-03-06
Sold Price: $825,000
Concession Remarks: Seller paid $36,000 to construction company for repair work.
Property Description
Type of Property: Commercial
Realtor.com Type: Commercial
Construction Status: Existing
Accessory Dwelling Unit: No
Main House SqFt: 4145
Lot Size: City
Lot Acres: 0.8
Flood Zone: No
List Price/SqFt: 204.82
Sold Price/SqFt: 199.03
Location, Legal and Taxes
Area: South Bay
House Number: 516
Street Name: 2nd
Street Suffix: Street
Sub-Area: Eureka
State: CA
Zip Code: 95501
Cross Street: F Street
APN: 001-091-002
Building Description
Year Built: 1878
# Units: 1
Condition: Very Good
# of Floors: 2
Square Footages
Total Building SqFt: 4145
Business
Business Description: Bar and Grill
Business Name: Oberon Grill
Real Estate Included: Yes
Inventory Included: Yes
Equip Included: Yes
License Incl: Yes
Property Features
Zoning: Commercial; Coastal
Type of Use: Food Service
Existing Use: Other
Location: Central Business; Interior Lot
Foundation: Concrete Perimeter; Post/Piers
Construction: Wood Frame
Siding: Wood
Roof: Metal
Insulation: Partially Insulated
Parking: None
Exterior Amenities: Alley; Sidewalks
Utilities: 220 Volt; Electric; Gas
Heating: Forced Air
Cooling: Air Conditioning
Flooring: Carpeted; Tile
Storage: 100 + SqFt; Inside
Sale Includes: Land & Building; Other-Spec in Remark
Possession: At Close of Escrow
Financing Terms: Cash; Conventional

Listing Office: Coldwell Banker Cutten Realty

Office Phone: 707-445-8811

Office Email: cuttenrealty9@gmail.com

Office Website: cuttenrealty.com

Listing Agent: Nick Bartlett

Agent Phone: 707-498-1244

Agent Email: nickbartlett113@gmail.com

Agent Website: http://www.cuttenrealty.com

Last Updated: May - 22 - 2023

516 2nd Street, Eureka, CA 95501 - MLS# 263295
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Based on information from the Humboldt Association of REALTORS® (alternatively, from the Humboldt MS), as of (date the AOR/MLS data was obtained on .) 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 for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2020 (year) Humboldt Association of Realtors®. All rights reserved.

Broker Attribution: Nickbartlett113@gmail.com
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