45040 Main St Mendocino, CA 95460
- Turn key restaurants
- 0.21 lot acres
Current Use by Public Records
- Flow | Restaurant & Lounge / Family Restaurant / Bar
Property Details for 45040 Main St
- Lot size
- 0.21 lot acres
- Zone code
- C
- Property type
- Turn key restaurants
- APN
- 119-238-10-00
- APU
- 1192381000
Description
This exceptional mixed-use property, situated at 45040 Main Street in the charming town of Mendocino, California, presents a unique investment opportunity. The 7,378 square foot property comprises multiple buildings housing five established tenants, generating consistent rental income. A key asset is the highly regarded Flow restaurant, a long-standing establishment boasting a full bar and breathtaking panoramic Pacific Ocean views. Its prime location on Main Street places it adjacent to the Kelley House Museum, adding to its desirability and visibility. Adding to the property's charm is a picturesque pathway leading from Albion Street, creating a unique and inviting entrance. The property is well-maintained and professionally managed, ensuring efficient operation. Practical infrastructure includes a reliable well with a water storage tank, and connection to the public sewer system. This turnkey investment offers a blend of established income and significant potential for future growth in a highly sought-after Mendocino location. The property's multiple buildings and diverse tenant mix provide stability and diversification, making it an attractive proposition for discerning investors seeking a profitable and aesthetically pleasing commercial venture in a picturesque coastal setting. The existing tenants provide a strong foundation for continued success.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,380,000
- ML approach
- $1,515,000
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Location Insight
- Map
- Local Demand
- City
- Mendocino
- County
- Mendocino
- State
- California
- Longitude
- -123.8
- Latitude
- 39.3052
- CBSA code
- 46380
- CBSA name
- UKIAH, CA MICROPOLITAN STATISTICAL AREA