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10470 Lansing Street

Mendocino, CA 95460
  • $1,800,000
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: 324080652
$1,800,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,400
    SQFT
  • $409
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1887
County:

School Ratings & Info

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.

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Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-11-11T23:56:22.227.
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10470 Lansing Street Mendocino, CA 95460

  • Price: $1,800,000
  • Status: Active
  • On Site: 28 Days
  • ID#: 324080652
0
Beds
0
Baths
0
½ Baths
0.19
Acres
4,400
SQFT
$409
$/SQFT
1887
Built
Neighborhood:
Coastal Mendocino
County:
Mendocino
Area:
Coastal Mendocino
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.
Exterior Features

Construction Materials Wood Foundation Details ConcretePerimeter Lot Features CornerLow MaintenanceSidewalk/Curb/Gutter Parking Features Street Parking Total 0 Road Frontage Type City Street Roof Composition

Interior Features

Floor 0 Flooring Carpet Heating Heat Pump

Property Features

Auction No Building Features 1 Restroom Per Unit12 to 18 Ft CeilingsExtra StorageManager's OfficePatioSuspended CeilingsVaries by Unit Building Name Kellieowen Hall Current Use OfficeRetail Dock Doors 0 Electric Separate Electric Meter Income Includes Rent Industrial Sq Ft 0 Lease Deposit 0 Lease Type Net Leased 0 Load Factor 0 Office Sq Ft 0 Percent Office 0 Property Sub Type Retail Property Type Commercial Sale Rentable Yes Retail Sq Ft 4400 Sewer Public Sewer Structure Type DetachedOfficeRetail Warehouse Sq Ft 0 Water Source Well Zoning Description MC

Listing information © 2024 Bay Area Real Estate Information Services. Listing courtesy of Sarah Schoeneman of Mendo Sotheby's International Realty: .


Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-11-11T23:56:22.227.
 
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