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Listed by Sarah Schoeneman • Mendo Sotheby's International Realty • 01206312 • 01206312 • Mendo Sotheby's International Realty
Gregory J Burke • 01206312 • Mendo Sotheby's International Realty
Gregory J Burke • 01206312 • Mendo Sotheby's International Realty
$ 2,995,000
Est. payment | /mo
4,166 SqFt
$ 2,995,000
Est. payment | /mo
4,166 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,166 sqft
Price per Sqft $718
MLS Listing ID 324047997
HOA Y/N No
Property Description
The Mendocino Arcade building occupies a significant place in the history of Mendocino, having served as the local drug store and soda fountain; 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. Comprised of 4 suites with Main St frontage and Albion St private access. The prime ground floor commercial space is currently separated into two units and features an interior walkway. Prominent signage on both Main and Albion Streets with pedestrian walkway between the two streets. The upstairs was converted from commercial to residential use with conditional CDP approval and is accessed either by the internal staircase, or the Albion St entrance. The upstairs residential features two independent suites (each w/ full bath), stunning hardwood floors and vaulted ceilings. Upgrades include utility runs for two separate kitchens, forced air heating, and CAT5 cabling. Fully vacant, the new owner (investor) can take inspiration from these meticulously executed building improvements to create their vision.
Location
State CA
County Mendocino
Area Coastal Mendocino
Zoning MC
Interior
Heating Central, MultiUnits
Flooring Tile, Wood
Exterior
Garage Spaces 2.0
Utilities Available Cable Connected, Separate Gas Meter, Other
Roof Type Composition
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Well
Level or Stories 2
Others
Special Listing Condition None
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Milli Cannata
Broker Associate | Lic# DRE# 01990936