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45 W Mendocino Ave
Willits, CA 95490
Retail/Office Building in Downtown Willits · Retail Property For Sale
EXECUTIVE SUMMARY
Investment opportunity for a retail/office building in downtown Willits! Just a block off Main Street along Mendocino Avenue, this approximately 2,400 square foot free-standing building has multiple, fully leased spaces. A covered porch with ramp and stairs welcome guests out front who also benefit from an onsite parking lot out back. Open layouts, wood trim, and numerous windows providing natural light brighten each unit. 45 W. Mendocino Avenue has laminate hardwood floors and is currently leased to a beauty salon. 55 and 65 W. Mendocino Avenue are two attached units leased to a professional service. 55 has offices, a kitchenette, and restroom while 65 is a large open area currently used as a meeting room that could also be home to additional office or retail space. With a location in the heart of downtown, and various spaces offering flexible uses, this is a great opportunity to invest!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,400 SF
Year Built
1950
Price
$411,690 CAD
Price Per SF
$171.54 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
0.15 AC
Parking
11 Spaces (4.58 Spaces per 1,000 SF Leased)
Frontage
72’ on West Mendocino Avenue
PROPERTY TAXES
| Parcel Number | 005-224-19-00 | Improvements Assessment | $329,192 CAD |
| Land Assessment | $99,370 CAD | Total Assessment | $428,563 CAD |
PROPERTY TAXES
Parcel Number
005-224-19-00
Land Assessment
$99,370 CAD
Improvements Assessment
$329,192 CAD
Total Assessment
$428,563 CAD
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