Historic Mendocino Investment
For Sale
$1,500,000
10470 Lansing St, Mendocino, CA 95460
Five-tenant commercial building in the heart of Mendocino for sale.
Property Size5,780 SF
Price / SF$259.52
Days on Market165
Property Features for 10470 Lansing St
General Information
Standard status
Active
Size
5,780 SF
Property subtype
Commercial
Building Details
Building Size
5,780 SF
Year Built
1887
Listing Agency:
Mendo Sotheby's International Realty
(510) 418-0070
Listed By:
Sarah Schoeneman · License #01383401
(510) 418-0070
Source:
Elliman
Added: Mar 11
Changed: Aug 22
Last Checked: Aug 22 at 12:15PM
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 Mendo Sotheby's International Realty
Investment Insights
Based on property information with market context.
Located in downtown Mendocino, the historic Kellieowen Hall is available for purchase for the first time in over 50 years. Constructed in 1887 by William H. Kelley, this property is situated at the southwest corner of Lansing and Ukiah streets, in the center of the Village of Mendocino. The building has served as a central point for business activity in the community. The five-tenant building offers approximately 5,780 square feet of rentable building area and is fully leased and occupied. Anchored by The Study Club, which offers apparel, and the Lansing Street Gallery, which offers art and handcrafted furniture, the building also houses a book store and a real estate brokerage company. The south side of the building features approximately 2,000 square feet of decking that provides a walkway and an outdoor area for customers and businesses. The property grosses over $130,000 per year.
Key Highlights
- Prime downtown Mendocino location at the corner of Lansing and Ukiah streets.
- Historic Kellieowen Hall built in 1887.
- Fully leased with five tenants, ensuring 100% occupancy.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95460, CA
2,364
Population
1,401
Households
1.7
Avg Household Size
59
Median Age
40%
College-Educated
93%
High-School Grad
34.6 sq mi
ZIP Area
68
Density / Sq Mi
$68,478
Median Household Income
$42,760
Median Earnings
$1,908
Median Rent
$666,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Five-tenant commercial building in the heart of Mendocino for sale.
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 $1,500,000.
What are key features of this property?
This property features: Prime downtown Mendocino location at the corner of Lansing and Ukiah streets.; Historic Kellieowen Hall built in 1887.; Fully leased with five tenants, ensuring 100% occupancy.
