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16440 4th Street

Guerneville, CA 95446
  • $1,150,000
  • STATUS: Active
  • ON SITE: 252 Days
  • ID#: 323916551
UPDATED: 164 min ago
$1,150,000
  • 3
    BEDS
  • 0.26
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 9,178
    SQFT
  • $125
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

Description

Reduced again! Cheapest PPSF in Sonoma County at less than $140 per square foot! Motivated seller. Great real estate, residential and business combination in Guerneville, near the new Dawn Ranch ultra luxury resort on the Russian River. Includes separate parking lot across the street (APN 070-030-081) that could also host food trucks. 9,000+ sf building. Current tenants operate the Timberline Restaurant (w/its own full bar) upstairs and the quaint watering hole on ground floor and live onsite in managers unit. New owner could operate or lease out one or both of the existing businesses or create something completely new with all the open square footage. The building also has 3 remodeled apts grossing about $5500/month (w/planned increases), covering your overhead. Bank appraisal of $3M in hand. Classic and rustic appeal oozes steakhouse vibes with expansive wood beams, a large stone fireplace and large front facing windows and a large private garden patio area behind a new community-created mural. Perfect for events given the open outdoor area, parking lot, fully equipped caterer's dream kitchen, and large indoor open areas. Very desirable and flexible Type 47/48 liquor license available as well.

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© 2024 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Country Estates, Inc.. Data last updated: 2024-06-15T20:56:26.017.
www.countryestatesinc.com/homes/144178085
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16440 4th Street Guerneville, CA 95446

  • Price: $1,150,000
  • Status: Active
  • On Site: 252 Days
  • Updated: 164 min ago
  • ID#: 323916551
3
Beds
2
Baths
0
½ Baths
0.26
Acres
9,178
SQFT
$125
$/SQFT
1961
Built
Neighborhood:
Russian River
County:
Sonoma
Area:
Russian River
Property Description
Reduced again! Cheapest PPSF in Sonoma County at less than $140 per square foot! Motivated seller. Great real estate, residential and business combination in Guerneville, near the new Dawn Ranch ultra luxury resort on the Russian River. Includes separate parking lot across the street (APN 070-030-081) that could also host food trucks. 9,000+ sf building. Current tenants operate the Timberline Restaurant (w/its own full bar) upstairs and the quaint watering hole on ground floor and live onsite in managers unit. New owner could operate or lease out one or both of the existing businesses or create something completely new with all the open square footage. The building also has 3 remodeled apts grossing about $5500/month (w/planned increases), covering your overhead. Bank appraisal of $3M in hand. Classic and rustic appeal oozes steakhouse vibes with expansive wood beams, a large stone fireplace and large front facing windows and a large private garden patio area behind a new community-created mural. Perfect for events given the open outdoor area, parking lot, fully equipped caterer's dream kitchen, and large indoor open areas. Very desirable and flexible Type 47/48 liquor license available as well.
Exterior Features

Architectural Style Mid-Century Carport Spaces 0 Covered Spaces 0 Exterior Features Fenced YardYard Space Independent Parking Spaces 0 Levels Two Lot Features Garden Open Parking Spaces 25 Parking Features Off Street Parking Total 25 Roof Composition Tandem Parking Spaces 0 View City

Interior Features

1 Bedroom Units Total 1 2 Bedroom Units Total 2 3 Bedroom Units Total 0 4 Bedroom Units Total 0 Commercial Units Total 2 Cooling Evaporative Cooler Heating Propane Laundry Features Coin Operated Studio Units Total 0

Property Features

Association Fee 0 Association YN No Auction No Gross Income 66000 Property Sub Type Other Property Type ResidentialIncome Sewer Sewer Connected Subtype Description ApartmentsLive/WorkMixed Use Water Source Water District

Listing information © 2024 Bay Area Real Estate Information Services. Listing courtesy of Ulysses Torassa of Ulysses Torassa: .


© 2024 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Country Estates, Inc.. Data last updated: 2024-06-15T20:56:26.017.
 
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