Mendocino, CA 95460,10470 Lansing ST
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Mendocino, CA 95460,10470 Lansing ST
Mendocino, CA 95460,10470 Lansing ST
Mendocino, CA 95460,10470 Lansing ST
Mendocino, CA 95460,10470 Lansing ST
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Listed by Sarah Schoeneman • Mendo Sotheby's International Realty
$ 1,800,000
Est. payment /mo
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10470 Lansing ST Mendocino, CA 95460

4,400 SqFt


UPDATED:

10/15/2024 03:48 AM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,400 sqft

Price per Sqft $409

MLS Listing ID 324080652

HOA Y/N No

Year Built 1887

Property Description

For the first time in more than 50 years, a key investment property in downtown Mendocino is available for purchase. This historic property, known as Kellieowen Hall, is located on the corner of Lansing and Ukiah Streets at the center of the Village of Mendocino. It was built in 1887 by William H. Kelley and has served as the hub of the business district in the community. The five-unit building is a touchstone for locals and tourists alike. The property offers 4,400+-sq.ft. of rentable area and is 100% leased. The building is anchored by two established major tenants with frontage at the corner of Lansing and Ukiah streets. The Study Club'', with its focus on high-end apparel, and the Lansing Street Gallery'' with its unique art and handcrafted furniture, are two of the most visible business in Mendocino. Additional tenants include an e-bike rental (and oddity) shop, a long-time hat shop, and established real estate brokerage. The southside of the building includes a 2,000+- decking that provides a walkway and an outdoor area for use by customers and businesses alike. Grossing over $122,000 per year (with strong upside potential), the Kellieowen Hall offers the opportunity not only to own a piece of Mendocino history, but to secure an excellent investment as well.

Location

State CA

County Mendocino

Area Coastal Mendocino

Zoning MC

Interior

Heating Heat Pump

Flooring Carpet

Exterior

Roof Type Composition

Building

Lot Description Corner, Low Maintenance, Sidewalk/Curb/Gutter

Foundation Concrete Perimeter

Sewer Public Sewer

Water Well

Others

Special Listing Condition Successor Trustee Sale


Bay Area Real Estate Info Services (BAREIS)

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Kasie Gray

Broker Associate | License ID: 02017604

+1(707) 391-7963

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10470 Lansing ST