45094 Main St - Retail FOR SALE


Mendocino, CA 95460
$2,995,000 USD
707-813-4406
45094 Main St, Mendocino, CA for Sale
$2,995,000 USD
Retail - FOR SALE
1/44
null | 5.5% Cap Rate

NEW


45094 Main St
Mendocino, CA 95460


HIGHLIGHTS

  • Prime Village Location – Main Street presence with strong, consistent foot traffic
  • Flexible Income Potential – Four suites support multiple tenants or single-user use
  • Mixed-Use Upside – Upper suites with potential for future residential conversion
  • Turnkey + Updated – Rebuilt in 2012 with modern systems and minimal near-term capex

OVERVIEW

Positioned in the very center of Mendocino Village, the iconic 'Golden Goose' building presents a rare opportunity to acquire a legacy asset with both immediate functionality and future upside. Steeped in local history, this landmark has continuously evolved with the community. Once home to a classic drug store and soda fountain, later became a general store, an acclaimed home furnishings destination, and most recently, a celebrated gallery space. Following a comprehensive rebuild in 2012, the property seamlessly blends preserved historic architecture with modern infrastructure, creating a turnkey canvas for today's investor or entrepreneur. Encompassing approximately 4,000± square feet, the building is thoughtfully configured into four suites, offering flexibility for multiple income streams or a cohesive single-user concept. The ground floor captures prime visibility with Main Street frontage, large picture windows, and dual access from Albion Street--ideal for retail, hospitality, or a flagship brand presence in one of the most visited coastal villages in Northern California. The upper level introduces an increasingly rare opportunity in Mendocino: two private suites with conditional approval for residential use. Currently, the property is undergoing permitted improvements, including the addition of an employee break room within the ocean-view suite--strategically designed to also function as a future kitchen should residential use be pursued through permitting. This intentional upgrade enhances both immediate commercial utility and long-term adaptability. Character and craftsmanship are evident throughout, with hardwood floors, vaulted ceilings, artisan details, and a façade that honors the building's historic roots. Modern systems including forced air heating, CAT5 cabling, and interior sound support a wide range of business or mixed-use applications. This is more than a building, it's a platform for vision. Whether reimagined as a flagship commercial presence, a mixed-use investment, or an elevated live/work coastal retreat, this Mendocino landmark is ready for its next chapter.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$719 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Golden Goose Building

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Department Store

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1800

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

MC

APN/PARCEL ID

119-238-21

ASK ABOUT THIS PROPERTY

Kelley UrbaniEngel & Völkers MendocinoMore Info
707-813-4406

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Kelley UrbaniEngel & Völkers MendocinoMore Info
707-813-4406

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.