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$395,000 Just Listed

  • For Sale
  • Active
  • Store
  • 7,184 Sq. Ft.
  • 0.0976 Acres
  • Updated 7 hours ago
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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.

Full Property Details for 38 S Main St

General

  • Price: $395,000
  • Status: Active
  • Type: Store
  • Source: BAREIS
  • MLS ID: 326013886
  • Updated: 2/21/2026
  • Added to Site: 1 day(s) ago

Business

  • Business Type: Gift/Boutique, Other

Rental Information

  • Lease Terms: Month To Month

Interior

  • Flooring: Carpet, Concrete Slab, Other

Additional Information

  • Other Features: 1 Restroom Per Unit, Display Window, Living Area in Building, Manager's Office, See Remarks, Other

Parking

  • Parking Features: Street, Other

Location

  • Cross Streets: Van Ln
  • Driving Directions: Main ST. Corner of W Van and Main St.

Heating & Cooling

  • Cooling Type: Central, MultiUnits, Wall Unit(s), Other
  • Heating Type: Natural Gas

Utilities

  • Water: Public
  • Utility Description: Internet Available, Natural Gas Connected, Sewer Connected

Structural Information

  • # Buildings: 1
  • Construction: Stucco, Other
  • Roof: Other
  • Stories/Levels: 2
  • Stories Description: 2
  • Square Feet: 7,184
  • Current Bldg. Use: Mixed Use, Office, Residential, Retail
  • Year Built: 1910

Lot Features

  • Lot Size (Acres): 0.0976
  • Lot Size (Sq. Ft.): 4,250
  • Frontage: City Street, Other
  • Lot Description: Sidewalk/Curb/Gutter, Other

Disclosures and Reports

  • Special Conditions: Offer As Is

Listing provided by Coldwell Banker Mendo Realty, Tara M Moratti and Coldwell Banker Mendo Realty, Lee Persico

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Listing agents

— 38 S Main St —

  • Tara M Moratti

    Coldwell Banker Mendo Realty

  • Lee Persico

    Coldwell Banker Mendo Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 38 S Main St

School District:Willits Unified School District
NameGradesDistance
Brookside Elementary School, Willits, CA
20 Spruce and Lincoln Way, Willits, CA 95490
K-30.3 mi
Blosser Lane Elementary School
1275 Blosser Lane, Willits, CA 95490
3-50.9 mi
Sherwood School
32600 Sherwood Road, Willits, CA 95490
K-59.2 mi
Baechtel Grove Middle School
1150 Magnolia Street, Willits, CA 95490
6-80.8 mi
Willits High School
299 North Main Street, Willits, CA 95490
9-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 38 S Main St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,558
3%
$380,777
2%
2023
$5,404
—
$373,311
2%
2023
$5,404
6%
$365,992
2%
2020
$5,095
—
$358,816
2%
2020
$5,095
—
$351,782
1%
2020
$5,095
—
$348,171
2%
2019
$5,090
8%
$341,345
2%
2018
$4,720
-5%
$334,654
2%
2017
$4,943
7%
$328,094
2%
2016
$4,634
4%
$321,663
2%
2015
$4,445
-6%
$316,833
2%
2014
$4,710
-2%
$310,630
—
2013
$4,799
—
$309,228
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 38 S Main St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listing provided by Coldwell Banker Mendo Realty, Tara M Moratti and Coldwell Banker Mendo Realty, Lee Persico

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38 S Main Street, Willits, CA 95490 (MLS# 326013886) is a Store property. 38 S Main Street is currently listed for $395,000 and was received on February 21, 2026. Want to learn more about 38 S Main Street? Do you have questions about finding other Store real estate for sale in Willits? You can browse all Willits real estate or contact a Coldwell Banker agent to request more information.

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