$2,995,000
For Sale

45094 Main Street

Mendocino, CA 95460
4166 sqft | 3 beds | 2.5 baths | 0.10 acres | #C1-10629
Listing OfficeMendo Sotheby's International Realty
Browse 54 photos
Type:Purchase
Structure:Commercial
Zone:Residential

Description

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.

  • Interior Details
      • InteriorBeamedCeilings, HighCeilings, AllBedroomsUp
    • Beds & Baths
      • Bathrooms2.5
      • Bedrooms3
      • Full Baths2
      • Half Baths1
  • Property Details
      • Lot DescriptionSprinklersNone
      • ViewOcean
      • Stories2
    • Measurements
      • Square Feet4166
      • Acres0.1
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1800
    • Material information
      • FoundationConcretePerimeter
  • Utilities / Energy Details
      • Utility FeaturesCableConnected, ElectricityConnected, Propane, SewerConnected, WaterConnected
      • Sewer InformationPublicSewer
      • Utility SourceWell
  • Community and Neighborhood Details
      • CountyMendocino
  • Financial Details
      • Original List Price$2,995,000
  • Other
      • MLS #C1-10629

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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