The Schlegel Group

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16440 4th StreetGuerneville, CA 95446Price: $1,150,000

  • Price: $1,150,000
  • Est. Mortgage of $/month
  • 264 Days on Market
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Federal 30-year interest rate: 7.02% last updated on May 16, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,150,000List Price
  • 0.26Acreage
  • 9,178Square Feet
Listed by Ulysses Torassa of Ulysses Torassa

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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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Based on information submitted to CA_BAREIS as of May 22, 2024 10:08 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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