10470 Lansing Street
Mendocino, CA, 95460
$1,800,000
Beds
0 Baths
4,400 SqFt
0.19 Acres
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.
Property Details
Price:
$1,800,000
MLS #:
324080652
Status:
Active
Baths:
0
Address:
10470 Lansing Street
Type:
Commercial
Subtype:
Retail
Neighborhood:
coastalmendocino
City:
Mendocino
State:
CA
Finished Sq Ft:
4,400
ZIP:
95460
Lot Size:
8,224 sqft / 0.19 acres (approx)
Year Built:
1887
Days on Market:
69
List Date:
Oct 15, 2024
Interior
Exterior
C O M I F O U N
Concrete Perimeter
C O M I L D E S
Corner, Low Maintenance, Sidewalk/ Curb/ Gutter
C O M I N O B L
1
C O M I R O A D
City Street
C O M I R O O F
Composition
Financial
Map
All map details are google-generated and can contain errors. Lot lines and building locations are fuzzy. See Official plat maps for more accurate information.
Community
- Address10470 Lansing Street Mendocino CA
- AreaCoastal Mendocino
- CityMendocino
- CountyMendocino
- Zip Code95460
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Copyright 2024, Bay Area Real Estate Information Services, Inc. All Rights Reserved. Listing courtesy of Sarah Schoeneman at Mendo Sotheby’s International Realty
10470 Lansing Street
Mendocino, CA
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