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    41 Mendocino Ave Willits, CA 95490

    For Sale
    $319,900

    Prime Downtown Willits investment. Three leased units.

    Property size:
    2,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity presents a 2,400 square foot, single-story retail/office building situated in the heart of downtown Willits, California, at 41 W Mendocino Ave, 95490. The property, encompassing a 0.15-acre lot (APN 005-224-19), boasts three fully leased units, ensuring immediate cash flow. The building features a convenient covered porch with both ramp and stair access, along with on-site parking. The units offer versatile layouts, highlighted by attractive wood trim and abundant natural light from numerous windows. Unit 45 W. Mendocino Ave, currently occupied by a beauty salon, showcases laminate hardwood floors. Units 55 and 65 W. Mendocino Ave, are connected and leased to a professional service. Unit 55 includes offices, a kitchenette, and a restroom, while Unit 65 provides a large open area currently used as a meeting room, adaptable for additional office or retail space. This property's central downtown location and flexible unit configurations make it an ideal investment, offering strong potential for long-term growth and return. The asking price is $319,900.

    Property Features for 41 Mendocino Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,400 SF
    Lot Size
    6,534 SF

    Building Details

    Buildings
    1
    Stories
    1
    Units
    3

    HighLights

    • 2,400 SF single‑story retail/office building in downtown Willits, CA.
    • Located on a 0.15‑acre lot (APN 005‑224‑19) at 41 W Mendocino Ave, 95490.
    • Three fully leased units providing immediate cash flow.
    • Features a covered porch with ramp and stair access, and on‑site parking.
    • Units offer versatile layouts with wood trim and abundant natural light; Asking price: $319,900.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -123.3552887
    Latitude
    39.4111757

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    FAQs

    What type of property is this?
    Individual retail property - Prime Downtown Willits investment. Three leased units.
    Where is this individual 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.
    What are key features of this property?
    This property features: 2,400 SF single-story retail/office building in downtown Willits, CA.; Located on a 0.15-acre lot (APN 005-224-19) at 41 W Mendocino Ave, 95490.; Three fully leased units providing immediate cash flow.
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    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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