45070 Main St Mendocino, CA 95460
This exceptional Mendocino property presents a rare opportunity to acquire a piece of local history. The offering encompasses the entirety of the land extending from Main Street to Albion Street, including the renowned Dick's Place, established in 1934. This iconic bar, a beloved gathering spot for locals and tourists alike, boasts a rich history reflected in its charming dГ©cor and ambiance. The property also includes a popular retail space, formerly a cafГ©, and a newly renovated two-story home situated on Albion Street. This cozy residence features one bedroom, one bathroom, and stunning bay and ocean views, complete with modern finishes and amenities. The sale includes the historic business, its liquor license, and all fixtures. The property's prime Main Street location offers unparalleled visibility and accessibility, ensuring continued success for the business. The combination of a thriving commercial enterprise and a comfortable residential space makes this a truly unique investment opportunity. The property's rich history, combined with its modern updates, creates a compelling blend of old-world charm and contemporary convenience. This is a chance to own and operate a business steeped in Mendocino's heritage while enjoying the comforts of a beautiful home with breathtaking views. The 3,235 square foot property offers a unique blend of commercial and residential space, promising a rewarding investment.
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Dick's Place Bar & Pub Nightclub
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ATM Machine at Dick's Place Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C · Mendocino, CAMendocino. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.