10470 Lansing St Mendocino, CA 95460
- Retail properties
- 4,400 SF
Current Use by Public Records
- Retail properties
Property Details for 10470 Lansing St
- Year built
- 1887
- Property size
- 4,400 SF
- Property type
- Retail properties
Description
Kellieowen Hall, a historic 4,400+-square-foot retail building in downtown Mendocino, CA, presents a unique investment opportunity. Located at the southwest corner of Lansing and Ukiah streets, this 1887 building sits at the heart of the village's business district. Currently 100% leased and occupied, the five-tenant property boasts a strong annual gross income exceeding $130,000. Two prominent anchor tenants, 'The Study Club' and 'Lansing Street Gallery', occupy prime corner frontage, attracting significant foot traffic. Additional tenants include an e-bike rental shop, a hat shop, and a real estate brokerage. The building features a substantial 2,000+-square-foot deck on the south side, providing outdoor space for tenants and customers. This exceptional property offers a chance to own a piece of Mendocino history while securing a stable and profitable investment. The businesses within the building are not included in the sale. The property is situated on a 0-acre lot.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mendocino
- County
- Mendocino
- State
- California
- Longitude
- -123.799
- Latitude
- 39.3061
