For Sale
$1,800,000

855 New Navy Base RdEureka, CA 95564

22-acre waterfront industrial property; prime investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 22-acre property, located at 855 New Navy Base Rd, Samoa, CA 95564, presents a unique investment opportunity in Humboldt County. Zoned Marine Coastal Industrial, this expansive site boasts a prime waterfront location on Humboldt Bay, offering unparalleled potential. Currently featuring five units – four residential units, a bathhouse, and a charming beachfront cabin – the property provides immediate income generation. The existing structures, built in 1860 and renovated in 2020, are complemented by readily available utilities including community water, septic, LP gas, and electricity. The property's 400-4,541 square feet of flexible industrial space across five buildings offers versatility for various commercial uses. Its strategic location near the planned offshore wind farm development presents significant long-term growth potential, with possibilities for future docking infrastructure and aquatic-based businesses. The land value is $396 per square foot, and the asking price for the entire property is $1,800,000, or $450,000 per unit. This is one of the few remaining industrial/commercial properties available for sale near the burgeoning offshore wind farm project. A full offering memorandum is available upon request. This property offers a blend of immediate income and substantial future development potential, making it an exceptional addition to any investment portfolio.

Highlights

  • 22-acre Humboldt Bay waterfront property, zoned Marine Coastal Industrial.
  • Five units total: four residential units, a bathhouse, and a beachfront cabin.
  • Minutes from downtown Eureka, offering privacy and seclusion.
  • Existing utilities include community water, septic, LP gas, and electricity.
  • Prime investment opportunity near planned offshore wind farm development; potential for docking and aquatic uses.

Property Details for 855 New Navy Base Rd

Property type
Industrial properties, Flex space
Square Feet
400 SF
Year Built/Renovated
1860/2020
Buildings
5
Lot Size (sq. ft)
988,812 SF
Units
4

Location Insight

City
Eureka
County
Humboldt
State
California
Latitude
40.77918129077
Longitude
-124.20818135895
855 New Navy Base Rd, Eureka, California

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855 New Navy Base Rd
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