10481 Lansing St 5,966 SF 100% Leased Retail Building Mendocino, CA 95460 $3,795,000 ($636.10/SF)

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. Owner would consider carrying.