631-420-0044
2920A Foster Ave, Arcata, CA for Sale
Industrial - FOR SALE
1/2
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2920A Foster Ave
Arcata, CA 95521


HIGHLIGHTS

  • 418,320± SF building with 48,000± SF of non-food-grade cold storage
  • Adjacent to Arcata city limits, allowing for development potential
  • Several established tenants including major farming operations & a solar farm
  • Has transferable H-2B permit
  • Ample water on-site with 400 GPM capabilities
  • 600,000± gallon fire mitigation tank

OVERVIEW

LENDER DIRECTS IMMEDIATE SALE Sold Via Assignment for the Benefit of Creditors Offer Deadline: March 11 by 5:00 p.m. (PT) On-Site Inspections: February 10, 11, 18 & 19, and March 4 & 5, By Appointment Only Hilco Real Estate Sales and Murray Wise Associates are pleased to offer this former tulip farm with ample redevelopment opportunities, currently leased to a variety of good credit tenants. Situated at the edge of Arcata, CA, within Humboldt County’s jurisdiction, this property provides users or developers with multiple opportunities, including continuing leasing it to various tenants, utilizing it for their own operations or redeveloping it entirely. The property consists of a 418,000± SF industrial building, 48,000± SF of which is non-food-grade cold storage, on 191 ± AC of land. Currently, 30 AC of land is leased to Driscoll’s Berries, 25 AC to First Power Solar and portions of the industrial building are leased to Sierra Madre Mushrooms and Driscoll's Berries. The property has excellent connectivity for shipping purposes, as it is located one and a half miles from U.S. 101 and nine and a half miles from the Arcata–Eureka Airport. The Port of Humbolt Bay is also less than an hour away, allowing access to Northern California’s only deepwater port. Future owners or investors can take advantage of this bank-directed sale to establish a new operation or capitalize on existing leases. Hilco Real Estate CA, Inc. License ID #02104676, in cooperation with Assignee Steven M. Spector.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Large-Scale Agricultural Site

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

UTILITIES

-

CLEAR CEILING HT

45 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

191.3

LAND SF

8,333,028

ZONING

Agricultural, Industrial

APN/PARCEL ID

506-231-010-000

ASK ABOUT THIS PROPERTY

Jamie CoteHilco Real EstateMore Info
631-420-0044

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Jamie CoteHilco Real EstateMore Info
631-420-0044

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