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    41 Mendocino Ave Willits, CA 95490

    For Sale
    $319,900

    Fully Leased Retail/Office Building

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional investment opportunity presents a fully leased, free-standing retail/office building situated in the heart of downtown Willits, California. Located just one block from Main Street, on Mendocino Avenue, the property boasts approximately 2,400 square feet of space spread across multiple units, all currently under lease. The building features an attractive covered porch with both ramp and stair access, ensuring accessibility for all. Ample on-site parking is available in the rear lot for tenants and customers. The interior of the building is bright and inviting, thanks to numerous windows that allow abundant natural light to flood each space. Many units showcase attractive wood trim and open layouts, offering flexibility for a variety of uses. 45 W. Mendocino Avenue, currently leased to a beauty salon, features laminate hardwood floors. Units 55 and 65 W. Mendocino Avenue are connected and leased to a professional service. Unit 55 includes dedicated office space, a kitchenette, and a restroom, while Unit 65 is a large, open area currently used as a meeting room, but easily adaptable for additional office or retail use. The property sits on a 0.15-acre lot and is priced at $319,900. This prime downtown location and the diverse, flexible spaces make this a compelling investment opportunity with strong potential for future growth and return. The current leases provide immediate income generation, making this a low-risk, high-reward venture.

    Property Features for 41 Mendocino Ave

    General Information

    Property type
    Retail properties
    Lot Size
    6,534 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Willits
    County
    Mendocino
    State
    California
    Longitude
    -123.3553
    Latitude
    39.41116

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    FAQs

    What type of property is this?
    Retail property - Fully Leased Retail/Office Building
    Where is this retail property located?
    The property is located at 41 Mendocino Ave Willits, CA.
    What is the asking price?
    The asking price for this property is $319,900.
    (707) 591-0570
    Request Owner's contact information
    41 Mendocino Ave Willits, CA 95490
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    Willits, CA 95490
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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
    41 Mendocino Ave Willits, CA 95490
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