10540 Lansing Street, Mendocino, CA 95460
- $1,175,000
- List Price
- $1,175,000
- Status
- ACTIVE
- MLS#
- C1-11427
- Year Built
- 1978
- Lot Size
- 5,227
- Acres
- 0.12
- Lot Location
- Corner Lot, Drip Irrigation/Bubblers, Sprinklers In Front, Landscaped, Near Park, Sprinklers Timer
- Days on Market
- 44
- Property Type
- Multifamily
- Stories
- Multi Level
- Neighborhood
- Not Applicable
Property Description
Prime Mixed-Use Investment Opportunity in the Heart of Mendocino Village !Discover a remarkable and highly profitable income property located in the vibrant heart of the iconic historic village of Mendocino. This versatile, 4-unit mixed-use building spans approximately 3392 square feet, perfectly balancing commercial success with coastal residential charm.The property features: Prime Commercial Retail Space: An expansive, highly visible storefront (~1,688 sq. ft.) commanding excellent foot traffic in a coveted downtown location.The Historic Water Tower (Unit 1): A truly unique, quintessential Mendocino residence (~527 sq. ft.) featuring a loft bedroom with ocean views.Residential Unit 2: A comfortable and spacious two-bedroom, one-bathroom unit (~770 sq. ft.), Studio Unit: An efficient, cozy, ground level studio space (~420 sq. ft.).Situated on a desirable corner lot just blocks from the ocean bluffs, Big River, beach and state park trails. Home and pest inspection reports are available.
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Additional Information
- Pool Description
- None
- Heat
- Combination
- Cooling Description
- None
- View
- Neighborhood, Ocean
- Attached Structure
- Detached
- Gross Scheduled Income
- $114,240
- Operating Expense
- 27255
Listing courtesy of Listing Agent: Birdie Wilson-Holmes (birdie@mendocinobaysiderealty.com) from Listing Office: Mendocino Bayside Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.