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Mixed-Use Retail and Residential Building
For Sale
$1,175,000

10540 Lansing Street, Mendocino, CA 95460

Four-unit building with a prominent ground-floor storefront and three residential units, with inspection reports available.

Property Size3,392 SF
Price / SF$346.40
Days on Market74

Property Features for 10540 Lansing Street

General Information

Standard status Active
Size 3,392 SF
Property subtype Commercial/Industrial

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $12,463

Building Details

Year Built 1978
Listing Agency: Mendocino Bayside Realty
Listed By: Birdie Wilson-Holmes · License #01361234
Source: Exitrealty
Added: Jun 17 Changed: Aug 25 Last Checked: Aug 28 at 8:33AM

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 Mendocino Bayside Realty

Investment Insights

Based on property information with market context.

Mixed-use, four-unit building for sale at 10540 Lansing St in Mendocino, featuring an expansive, highly visible storefront plus three residential units. The commercial space is approximately 1,688 square feet and fronts a downtown setting. Unit 1 is a historic water tower residence of approximately 527 square feet with a loft bedroom and ocean views. Unit 2 offers approximately 770 square feet with two bedrooms and one bathroom, and there is also a ground-level studio unit of approximately 420 square feet.

The property sits on a corner lot and is located just blocks from the ocean bluffs, Big River, and nearby beach and state park trails. Home and pest inspection reports are available. BikeScore is 17 (Somewhat Bikeable) and WalkScore is 22 (Car-Dependent).

Key Highlights

  • 4‑unit mixed‑use building built in 1978 with approx. 3,392 SF total space
  • Ground‑floor commercial retail storefront approx. 1,688 SF with prominent downtown visibility
  • Historic Water Tower Unit 1 approx. 527 SF with loft bedroom and ocean views

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Auto Repair Shop Florist Cosmetic Store Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

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 Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit building with a prominent ground-floor storefront and three residential units, with inspection reports available.
Where is this quadplex located?
The property is located at 10540 Lansing Street Mendocino, CA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: 4‑unit mixed‑use building built in 1978 with approx. 3,392 SF total space; Ground‑floor commercial retail storefront approx. 1,688 SF with prominent downtown visibility; Historic Water Tower Unit 1 approx. 527 SF with loft bedroom and ocean views
More about this property
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