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45040 Main St 7,378 SF Vacant Retail Building Mendocino, CA 95460 $2,250,000 ($304.96/SF)
Investment Highlights
- Ocean Views
- Highly Visible
- Center of Historic Tourist Area
Executive Summary
The trophy property of Main Street in Mendocino. Multiple buildings with five separate tenants in place, including a longstanding successful restaurant. 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 inviting winding pathway descends from Albion Street at the northern boundary to Main Street, providing a quaint and charming entrance to the various business units. Excellent well with a water storage tank. Public sewer system. Property is professionally managed.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
7,378 SF
Building Class
C
Year Built
1947
Price
$2,250,000
Price Per SF
$304.96
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.81
Lot Size
0.21 AC
Zoning
MC - Mixed Commercial
Frontage
40’ on Main Street
Amenities
- Fenced Lot
- Restaurant
- Signage
- Skylights
- Waterfront
- Storage Space
- Air Conditioning
- Balcony
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 119-238-10-00 | Improvements Assessment | $488,406 |
| Land Assessment | $294,532 | Total Assessment | $782,938 |
Property Taxes
Parcel Number
119-238-10-00
Land Assessment
$294,532
Improvements Assessment
$488,406
Total Assessment
$782,938
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Videos
Matterport 3D Exterior
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45040 Main St
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