10540 Lansing Street Mendocino, CA ^$ 1,175,000

10540 Lansing Street

^$ 1,175,000

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Recently Listed

10540 Lansing Street

Mendocino, CA, 95460

^$ 1,175,000

Bedrooms-- Baths-- Sq 3,392

Monthly Estimate*

^$ 7,419

Listed by Mendocino Bayside Realty

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Commercial Property for sale in Mendocino, CA

for $1,175,000. This 3,392 square foot building was built in 1978.

Prime Mixed-Use Investment Opportunity in the Heart of Mendocino Village !Discover a remarkable and highly profitable income property located in the vibrant heart of the iconic historic village of Mendocino. This versatile, 4-unit mixed-use building spans approximately 3392 square feet, perfectly balancing commercial success with coastal residential charm.The property features: Prime Commercial Retail Space: An expansive, highly visible storefront (~1,688 sq. ft.) commanding excellent foot traffic in a coveted downtown location.The Historic Water Tower (Unit 1): A truly unique, quintessential Mendocino residence (~527 sq. ft.) featuring a loft bedroom with ocean views.Residential Unit 2: A comfortable and spacious two-bedroom, one-bathroom unit (~770 sq. ft.), Studio Unit: An efficient, cozy, ground level studio space (~420 sq. ft.).Situated on a desirable corner lot just blocks from the ocean bluffs, Big River, beach and state park trails. Home and pest inspection reports are available. Contact listing agent for reports and property details.

Commercial Active

Price

^$ 1,175,000

Property Type

Commercial

Taxes

^$ 12,463

Style

Year Built

1978

Town/City

Mendocino

County/Region

Mendocino

MLS | Web ID

C111429

Days on Market

Features

General

Heating Combination

Cooling None

Zoning MC

HOA Fee 0

Exclusions Refrigerator in studio tenant's furniture/personal property and retail store inventory.

Year Built 1978

Property Subtype Mixed Use

Tax Year 2025

Waterfront Features Beach Access Ocean Access Ocean Side Of Highway

Community Features Park

County Mendocino

Net Operating Income 86985

Operating Expense 27255

Insurance Expense 4770

Property Type Commercial Sale

MaintenanceExpense 100

Special Listing Conditions Trust

Status Active

Directions North HWY 1 to Little Lake Road. West on Little Lake to Lansing Street. South on Lansing to address and sign on the right/west side of the street.

City Mendocino

MLS Area MTW - Mendocino Town West

Listing Terms Cash Cash to New Loan Conventional 1031 Exchange

Tax Annual Amount 12463

Electric Expense 420

Trash Expense 844

Water Sewer Expense 3858

Additional Parcels Y/N false

Structure Type Mixed Use

Building Area Units Square Feet

Standard Status Active

Occupancy Type Tenant

Year Built Source Public Records

Property Sub Type Additional Mixed Use

Cap Rate 7.5

Interior

Air Conditioning Y/N false

Heating Y/N true

Laundry Features Stacked

Total Baths 0

Exterior

Fencing Wood

Lot Features Corner Lot Drip Irrigation/Bubblers Sprinklers In Front Landscaped Near Park Sprinklers Timer

Water Source Well

Total Parking 1

Inclusions Most appliances and stackable washer/dryer in studio

Lot Size Area 0.12

Building Area Total 3392

Lot Size Source Assessor

* Excluded Features

List By

Mendocino Bayside Realty

Broker

birdie@mendocinobaysiderealty.com

Affordability Calculator

$8,458

Per Month

Monthly Principal & Interest: $7,419
Monthly Property Taxes: $1,039
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Mendocino, CA

Average List Price ^$2,174,000

Percent of Sale Price 85%

About Mendocino, CA

894 Population

15% Since 2002

^$50,807 Median Income

57.6 Median Age

4% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/14/2026	$1,175,000		Listed Price

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10540 Lansing Street, Mendocino, CA, 95460 is a Commercial Property for sale at $1,175,000 with 3,392 sqft. 10540 Lansing Street was built in 1978. The property's zip code is 95460 which is in Mendocino, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/29/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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10540 Lansing Street

Commercial Property for sale in Mendocino, CA

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