10481 Lansing St - Retail FOR SALE


Mendocino, CA 95460
$3,985,000 USD
707-489-7027
10481 Lansing St, Mendocino, CA for Sale
$3,985,000 USD
Retail - FOR SALE
1/10
null | Request Cap Rate

10481 Lansing St
Mendocino, CA 95460


HIGHLIGHTS

  • Central corner location with heavy foot traffic
  • Luxury owners residence or rent out
  • Excellent income history

OVERVIEW

Located in the heart of Mendocino, the corner of Lansing St. and Ukiah St. is popular for both visitor and local shopping. Spanning the length of most of a block this offering consists of 4 separate buildings, currently occupied by retail shops, a restaurant, and a wine tasting room. This property has excellent income history and with its prime location, enjoys a very low vacancy rate. The premium for the owner is a private, second story apartment that is contemporary and elegant. There is a large, private ocean view deck, with southern exposure and a hot tub. This 1 bedroom, 1 bath apartment has vaulted ceilings and fine custom details throughout. An owner has the option of renting out this apartment for further income, but once you experience the comfortable space, with views of the ocean and the town, you may decide that having a pied-à-terre of your very own would be very compelling.

FOR SALE DETAILS

PRICE

$3,985,000 USD

PRICE/SF

$586 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

MC

APN/PARCEL ID

119-250-01

ASK ABOUT THIS PROPERTY

Greg BurkeMendo Sotheby’s International RealtyMore Info
707-489-7027

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Greg BurkeMendo Sotheby’s International RealtyMore Info
707-489-7027

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.