$ 1,150,000
16440 4th ST Guerneville, CA 95446
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Listed by Ulysses Torassa • Ulysses Torassa
$ 1,150,000
Est. payment /mo
Contingent
16440 4th ST Guerneville, CA 95446
1,200 Beds
2 Baths
9,178 SqFt
UPDATED:
10/08/2024 02:13 AM
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Contingent
Purchase Type For Sale
Square Footage 9,178 sqft
Price per Sqft $125
MLS Listing ID 323916551
Bedrooms 1200
HOA Y/N No
Year Built 1961
Lot Size 0.255 Acres
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.
Location
State CA
County Sonoma
Area Russian River
Interior
Heating Propane
Cooling Evaporative Cooler
Exterior
Exterior Feature Fenced Yard, Yard Space
Garage Off Street
Garage Spaces 25.0
Roof Type Composition
Building
Sewer Sewer Connected
Water Water District
Architectural Style Mid-Century
Others
Special Listing Condition None
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