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 5,780 +-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 a book store 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 $130,000 per year, 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 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.
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Mendocino is located in California. 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.
