16440 4th Street Guerneville, CA 95446
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountySonoma
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site72 Days
- MLS StatusActive
- MLS ID Number323916551
- Home Size Source N/A
- Year Built1961
- Lot Size0.2553 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Mid- Century
- Parking Off Street
- Parking Spaces 25
- Number of Stories 222
- Acreage 0.2553
- Cross Street Mill St.
- Garage Spaces 0
- Attached Garage No
Interior Features
- Cooling Evaporative Cooler
- Heating Propane
- Laundry Features Coin Operated
Exterior Features
- Roof Composition
- View City
- Waterfront Property No
- Exterior Fenced YardYard Space
- Lot Garden
Community Features
- Association Dues 0
- MLS Area Russian River