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Property profile & analytics

45040 Main St Mendocino, CA 95460

  • Turn key restaurants
  • 0.21 lot acres
For Sale
Last Sale
Feb 12, 2021
$1,580,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US09-3075609
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,380,000
    ML approach
    $1,515,000

Get a detailed, property-specific valuation — fast and free


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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,381
$283,101
$469,438
$752,539
-
$0.00
$0.00
$0.00
More about this property
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