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Zoning: Commercial

Existing Use: Other

Location: Interior Lot

Construction: Wood Frame

Siding: Stucco

Roof: Membrane

Insulation: Ceiling; Dual Pane Window; Wall

Exterior Amenities: Alley; Sidewalks

Utilities: Circuit Breaker; Electric; Gas

Heating: Floor; Radiant

Flooring: Concrete

Sale Includes: Land/Bldg/Bus

Possession: At Close of Escrow

Financing Terms: Cash; Conventional

The front 2,200 sqft of the building has been meticulously restored, including a new foundation and earthquake retrofit, with every detail upgraded to meet current commercial standards. New framing, plumbing, electrical, and a 2-hour fire-rated structure ensure both safety and longevity. The interior features poured concrete floors, both upstairs and down, with radiant heat. The rear 2,200 sqft of the building also constructed in 2004, offers three stories of modern luxury, crowned by a penthouse and expansive roof deck that provided breathtaking views of the marina, redwoods, and Pacific Ocean. The location is unbeatable, nestled in the heart of Historic Old Town, just one building off the gazebo and only a block from the waterfront. The first floor showcases a sleek, modern design with custom finishes throughout, while the second floor is a spacious 2,200 sqft home, featuring 16-foot ceilings, glass railings, and exotic granite countertops. The primary bedroom boasts stunning bay views, making it the perfect sanctuary to enjoy the sights and sounds of this extraordinary location. Included in the sale is Restaurant Five Eleven, a modern fine-dining restaurant and bar featuring farm -to-table North Pacific cuisine, an extensive wine selection, and a diverse menu of signature cocktails. This well-established dining destination enhances the property's value and offers exceptional potential for continued operation or creative reimagining. Learn more about the restaurant at www.fiveeleveneureka.com The Pearl combines the grandeur of the past with the conveniences of modern living, offering a one-of-a-kind opportunity to own a piece of history in the most desirable part of town. Short Term Vacation Rental Permit completed and approved!