The following is from Draft City of Eureka Historic Preservation Plan, dated 10 March 2004.

The Eureka Woolen Mills were constructed in 1901 west of Broadway at the southwest corner of Broadway and 14th Street. The Woolen Mills manufactured woolen fabrics until it closed down after World War II. The buildings were excellent examples of Greek Revival architecture, and were some of the only historic industrial buildings in Eureka not related to the lumber and fishing industries.

The Eureka Woolen Mills were listed on the National Register in 1982. However, in 1987, the Woolen Mills was demolished after being designated a dangerous building by the City. The demolition sparked contentious debate amongst Eureka citizens. The Eureka Heritage Society raised funds to conduct a rehabilitation feasibility study for the Woolen Mills. Local preservationists Ray Hillman and Kathleen Stanton conducted interviews with former Woolen Mill workers and salvaged windows and other architectural elements from the buildings.

A new Walgreen's drug store was recently built on the site.