For the first time in more than 50 years, a key investment property in downtown Mendocino is available for purchase by an investor or potential owner user looking for a spot to establish a new business location. This historic property, known as Kellieowen Hall, is located on the southwest 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 activity in the community. The five-tenant building is a touchstone for locals and tourists alike. The property offers 4,400 +-sq. ft. of rentable building area and is 100% leased and occupied. 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 offering high-end and unique apparel, and the 'Lansing Street Gallery' with its offerings of equally unique art and handcrafted furniture, are two of the most visible businesses in Mendocino. Additional tenants include an e-bike rental (and oddity) shop, a long-time hat shop, and an established real estate brokerage company. The south side of the building includes a 2,000+- sf decking that provides a walkway to nearby properties 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. Businesses are not for sale.
The Mendocino Arcade building occupies a significant place in the history of Mendocino, having served as the local drug store and soda fountain; a general store; two decades as a high-end, home furnishings store known as the Golden Goose; and most recently, the well-regarded Highlight Gallery. After undergoing an extensive rebuild and conversion to a multi-use commercial/ residential platform, this iconic building reflects the resilience and fortitude that are hallmarks of the Mendocino Coast. The 4,000+- sq. ft. building is comprised of 4 suites with Main Street frontage and Albion Street private access. The prime ground floor commercial space is currently separated into two units (that may be combined into one) and features an interior walkway. Prominent signage and entrances on both Main and Albion Streets. Other noteworthy features include stunning hardwood floors and artisan fixtures; high ceilings; an ADA bath; and an interior sound system. The upstairs was converted from commercial to residential use with conditional CDP approval and is accessed either by the internal staircase, or the Albion Street private entrance. The upstairs residential component features two independent suites (each with full bath), stunning hardwood floors and vaulted ceilings. Operational upgrades include utility runs for two separate kitchens, forced air heating, and CAT5 cabling. The handsome facade is graced with a mix of clapboard and shingle siding, intricate original brackets, dentils and bay windows. The ground-level, large picture windows command the attention of passersby, beckoning them to come and stay, while the second-story vertical windows capture unobstructed views of the surrounding Headlands State Park and Mendocino Bay.In addition to its rich historical significance, the Mendocino Arcade offers modern amenities and conveniences, making it an ideal platform for a wide range of commercial and residential uses. Fully vacant, the new owner (investor) can take inspiration from these meticulously executed building improvements to create their vision. Don't miss your chance to be the next steward of this piece of Mendocino history.
The trophy property of Main Street in Mendocino. An iconic water tower, multiplehistoric buildings with five separate tenants in place. The upstairs restaurant Flow has an excellent reputation, full bar and panoramic views of the Pacific Ocean. Located next door to the Kelley House Museum with a pond between the properties. An attractive winding pathway descends from Albion Street at the northern boundary to Main Street providing a quaint and inviting entrance to the various rentable units. Excellent well with a water storage tank. Public sewer system. Property is professionally managed.
The median home value in Mendocino, CA is $1,034,725. This is higher than the county median home value of $470,200. The national median home value is $338,100. The average price of homes sold in Mendocino, CA is $1,034,725. Approximately 43.95% of Mendocino homes are owned, compared to 19.03% rented, while 37.02% are vacant. Mendocino real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Mendocino real estate agent to arrange a tour today!
Mendocino, California has a population of 715. Mendocino is less family-centric than the surrounding county with 0% of the households containing married families with children. The county average for households married with children is 25.77%.
The median household income in Mendocino, California is $73,750. The median household income for the surrounding county is $56,378 compared to the national median of $69,021. The median age of people living in Mendocino is 62.6 years.
The average high temperature in July is 77.8 degrees, with an average low temperature in January of 38.7 degrees. The average rainfall is approximately 41 inches per year, with 0 inches of snow per year.