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1649 Main St 15,580 SF 100% Leased Retail Building Fortuna, CA 95540 $650,000 ($41.72/SF) 6.33% Cap Rate
EXECUTIVE SUMMARY
Prime commercial real estate located at 1649-1655 Main Street, Fortuna, on an 11,250 sq. ft. parcel with excellent visibility. Zoned Retail Commercial, this property features a 7,119 sq. ft. multi-tenant building of average quality, comprising four retail units and one residential unit, allowing diverse leasing options. The eastern section includes a developed parking area with drive-through access for added customer convenience. An adjacent 2,250 sq. ft. corner lot offers dual frontage and rear alley access, enhancing accessibility. Together, they provide 10 marked parking spaces, including accessibility features. This property is a valuable investment opportunity in a thriving location, ideal for various businesses.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Building Size
15,580 SF
Building Class
C
Year Built
1952
Price
$650,000
Price Per SF
$41.72
Cap Rate
6.33%
NOI
$41,145
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.38
Lot Size
0.26 AC
Zoning
Commercial - Use Code: 5201
Use Type: RETAIL SALES
PQ Zoning Code: RC
PQ Zoning Type: RESIDENTIAL
PQ Zoning Description: RETAIL COMMERCIAL
Parking
10 Spaces (0.64 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Signage
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Enriquez-Diaz, Lucia
- Services
- 990 SF
- $0.90
- Single Net
- Jun 2026
- Shotz Coffee
- Services
- 2,629 SF
- $1.18
- Double Net
- Jul 2026
- Zhang, Xiaobo
- Services
- 2,336 SF
- $0.41
- Single Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Enriquez-Diaz, Lucia | Services | 990 SF | $0.90 | Single Net | Jun 2026 | |
| Shotz Coffee | Services | 2,629 SF | $1.18 | Double Net | Jul 2026 | |
| Zhang, Xiaobo | Services | 2,336 SF | $0.41 | Single Net | - |
Walk Score®
Very Walkable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 040-274-004-000 | Improvements Assessment | $102,814 |
| Land Assessment | $53,000 | Total Assessment | $155,814 |
PROPERTY TAXES
Parcel Number
040-274-004-000
Land Assessment
$53,000
Improvements Assessment
$102,814
Total Assessment
$155,814
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1649 Main St
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