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Listed by Tara M Moratti Coldwell Banker Mendo Realty
$ 395,000
Est. payment /mo
Active
S 38 Main ST Willits, CA 95490
4,250 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 326013886
HOA Y/N No
Year Built 1910
Lot Size 4,250 Sqft
Acres 0.0976
Property Sub-Type Mixed Use
Property Description
Mixed-Use Value-Add Investment Property in Downtown Willits | 5 Income Units | Retail + Residential + Office Five-unit mixed-use commercial asset consisting of two ground-floor retail storefronts (currently rented to one tenant/storefront), two second-floor residential units, and one additional office space. Multiple entrances and separate utility meters provide operational flexibility and potential for improved income performance. Current configuration supports diversified revenue streams across retail, residential, and office use. Alley access to south retail space and on-site garage/storage area add functional value. The property presents a clear value-add opportunity through renovation, system upgrades, and rent repositioning. Offered as-is, allowing an investor to implement improvements and increase long-term cash flow and asset value. Ideal for experienced investor, 1031 exchange buyer, or contractor seeking repositioning opportunity in a mixed-use asset.
Location
State CA
County Mendocino
Area Willits
Interior
Heating Natural Gas
Cooling Central Air, Multi Units, Wall Unit(s), Other
Flooring Carpet, Concrete, Other
Exterior
Utilities Available Internet Available, Natural Gas Connected
Waterfront Description Public
Roof Type Other
Accessibility Other
Road Frontage City Street, Other
Private Pool No
Building
Lot Description Other
Foundation Slab, Other
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Tax ID 0051840900
Security Features Other
Special Listing Condition Offer As Is
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