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    10470 Lansing St Mendocino, CA 95460

    For Sale
    $1,675,000

    Retail - Mendocino, CA

    Type:Retail
    Property size:
    5,780 SF
    Lot size:
    0.19 Acres
    Days on Market:
    64
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 10470 Lansing St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    MC
    APN
    119-236-07-00
    EntryLevel
    Carpet
    Size
    5,780 SF
    Lot size
    0.19 Acres

    Utilities

    Heating system
    Heat Pump (Heating)

    Building Details

    Year built
    1887
    Flooring type
    Carpet
    Roof type
    Composition
    Architectural style
    Other

    Mendo Realty of Mendocino, Inc. (707) 937-5822 [email protected]

    Listing agent Sarah Schoeneman (707) 937-5822 License #01383401

    Listing date Oct 13, 2025

    MLS# 325033280 Listing URL

    Copyright © 2025 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Mendocino Retail Investment Opportunity

    For the first time in more than 50 years, an investment property is available for purchase in downtown Mendocino. This historic property, known as Kellieowen Hall, is located at the center of the Village of Mendocino, on the corner of Lansing and Ukiah Streets. Constructed in 1887 by William H. Kelley, it has served as the hub of the business district. The five-unit building offers 5,780 square feet of rentable area and is fully leased. Anchored by two established major tenants with frontage at the corner of Lansing and Ukiah streets: The Study Club, with its focus on high-end apparel, and the Lansing Street Gallery, featuring art and handcrafted furniture. Additional tenants include a book store, a long-time hat shop, and an established real estate brokerage. The southside of the building includes a 2,000 square foot decking that provides a walkway and an outdoor area for use by customers and businesses. The property is zoned MC and situated on a lot of 0.1888 acres. Grossing over $130,000 per year, the Kellieowen Hall offers the opportunity to own a piece of Mendocino history and secure an excellent investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Building Supply Dental Office Wholesale Shop Hair Salon Law Firm Auto Parts Store Realty agency Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Terry's florist, La Martiné Flowers

    Location Insight

    • Map
    • Local Demand
    City
    Mendocino
    County
    Mendocino
    State
    California
    Longitude
    -123.747
    Latitude
    39.3125

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    FAQs

    What type of property is this?
    Storefront property - Prime Mendocino retail property with established tenants and strong income.
    Where is this storefront property located?
    The property is located at 10470 Lansing St Mendocino, CA.
    What is the asking price?
    The asking price for this property is $1,675,000.
    What are key features of this property?
    This property features: - Fully leased, five-unit historic building in the heart of Mendocino's business district.; - Anchored by two established major tenants with high visibility: The Study Club (high-end apparel) and Lansing Street Gallery (art and furniture).; - Grosses over $130,000 per year, offering a strong investment opportunity.
    (707) 937-5822
    Request Owner's contact information
    10470 Lansing St Mendocino, CA 95460
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    Mendocino, CA 95460
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10470 Lansing St Mendocino, CA 95460
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