Views
Address
16440 4th St, Guerneville, CA
Price
$ 1,150,000
Property Attributes
  • MLS#323916551
  • TypeMulti-Family
  • CountySONOMA
  • CityGuerneville
  • AreaRussian River
  • Zip95446
  • StyleMid-Century
  • Price$ 1,150,000
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage9178
  • Lot Size0.2553 Acres
Data Source:
Bay Area Real Estate Info Services (BAREIS)
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.

Price History
10/6/2023 Listed $1,400,000
10/19/2023 11% - $1,250,000
1/3/2024 90% - $125,000

General Features

Sewer Sewer Connected
Heating Propane
Cooling Evaporative Cooler
Possession Negotiable
Roof Composition
Exterior Features Fenced Yard,Yard Space
Garage Spaces 0.00
Architectural Style Mid-Century
Year Built 1961
View City
Levels Two
Property SubType Other
Auction No
Gross Income 66000
County Sonoma
Property Type Residential Income
HOA / Comm Assn No
Gross Rent Multiplier 0.00
Close Price 0.00
Status Active
Directions Corner of 4th and Mill,Guerneville
City Guerneville
Buyer Agent Compensation 2.5
Open Parking Spaces 25.00
NumberOfUnitsTotal 5
MLS Area Russian River
Lot Size Units Acres
Lot Size Square Feet 11121.00
Carport Spaces 0.00
Street Name 4th
Subtype Description Apartments,Live/Work,Mixed Use
Standard Status Active
Year Built Source Assessor Auto-Fill
UnitTypeCommercialUnitsTotal 2
Cap Rate 0.00
Buyer Agent Compensation Type %

Interior Features

Unit 1 Full Baths 1
Unit 1 Bedrooms 1
Unit 2 Full Baths 1
Unit 2 Bedrooms 2
Unit 2 Type Apartment
Unit 2 Description both 2 bd units rented as one beds while restaurant uses rest as storage. Mkt rent is 2100+
Unit 1 Description rent goes up Jan. 1 to approx 1850
Total Stories 2
Unit 1 # of Rooms 3
Unit 2 # of Rooms 4
Unit 1 Approx SqFt 650
Unit 2 Approx SqFt 850
Street Suffix Street
Laundry Features Coin Operated
LivingAreaSource Assessor Auto-Fill
Unit 1 Bedroom Units Total 1
Unit 2 Bedroom Units Total 2

Exterior Features

Parking Features Off Street
Lot Features Garden
Water Source Water District
Total Parking 25.00
Number of Buildings 1
Lot Size Acres 0.2553
Lot Size Source Assessor Auto-Fill
Covered Spaces 0.00

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 95446

Year Built
AVG 1940
1961