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10470 Lansing Street Mendocino, CA 95460

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For Sale
$1,500,000

Prime Mendocino commercial property with strong rental income.

Type:Retail
Property size:
5,780 SF
Price / SF:
$259/SF
Added:
Jun 23, 2024
Days on Market:
671
Last Refresh:
Apr 1 at 8:35 pm

Property Features for 10470 Lansing Street

General Information

Standard status
Active
Size
5,780 SF
Property subtype
Retail

Building Details

Year Built
1887

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Listing Contact
Sarah Schoeneman

Listing agent Sarah Schoeneman

Listing office

Listing date Jun 23, 2024

Source Xome

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Sarah Schoeneman


Overview

Historic Mendocino Investment Opportunity

For the first time in more than 50 years, Kellieowen Hall, a key investment property in downtown Mendocino, is available for purchase. Built in 1887 by William H. Kelley, this historic property is located at the center of the Village of Mendocino, on the southwest corner of Lansing and Ukiah streets. The property has served as the hub of the business district activity in the community. The five-tenant building offers 5,780 square feet of rentable building area and is 100% leased and occupied. Anchored by 'The Study Club' and the 'Lansing Street Gallery', the building also includes a book store and an established real estate brokerage company. The south side of the building includes a 2,000 square feet decking that provides a walkway to nearby properties and an outdoor area for use by customers and businesses. Grossing over $130,000 per year, Kellieowen Hall offers the opportunity to own a piece of Mendocino history and to secure an excellent investment.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Restaurant Building Supply Dental Office Big Box & Wholesale Store Hair Salon Law Firm Auto Parts Store Real Estate Agency Nail Salon Pharmacy

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

Similar Places Nearby

  • Terry's florist Mendocino, CA 95460
  • La Martiné Flowers 44650 little lake rd, mendocino, ca 95460

Location Insight

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

FAQs

What type of property is this?
Storefront property - Prime Mendocino commercial property with strong rental income.
Where is this storefront property located?
The property is located at 10470 Lansing Street Mendocino, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Prime downtown Mendocino location at the corner of Lansing and Ukiah streets.; Historic property (Kellieowen Hall) built in 1887.; Fully leased, five‑tenant building with 5,780 sq. ft. of rentable area.
More about this property
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