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$1,150,000   Price Analysis
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16440 4th St
Guerneville, CA 95446
Unknown bed None bath 9,178 SqFt ($125/SqFt)
0.26 acre lot. Built 1961
Listed 2023-10-06
May be USDA loan restricted due to income limits
near Guerneville

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.

Contemporary 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 $55 00/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 desrable and flexible Type 47/48 liquor license available as well.


Presented by Ulysses Torassa at
Ulysses Torassa.


Property MLS #323916551 from Bareis

Laundry Features: Coin Operated

Cooling Features: Evaporative Cooler
Heating Features: Propane

Fenced Yard
Yard Space

Lot Description: Garden
Lot Size Acres: 0.2553
Lot Size Square Feet: 11120

Open Parking Spaces: 25
Parking Features: Off Street
Parking Total: 25

View: City

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 5
Number of 1 Bedroom Units: 1
Number of 2 Bedroom Units: 2
Full Bathrooms in the 1 Bedroom Units: 1
Full Bathrooms in the 2 Bedroom Units: 1
Unit-1 Description: rent goes up Jan. 1 to approx 1850

Source Listing Status: Active
County: Sonoma
Cross Street: Mill St.
Directions: Corner of 4th and Mill, Guerneville
Disclaimer: Information has not been verified, is not guaranteed, and is subject to change. Any offer of compensation is made exclusively to Broker Participants of the MLS where the subject listing is filed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All rights reserved. Copyright 2024 Rapattoni Corporation. All rights reserved. U.S. Patent 6, 910, 045
Source Property Type: Residential Income
Area: Russian River
Source Neighborhood: Russian River
Source System Name: C2C

Relisted 2024-03-06
$1,150,000
Bareis
Listing removed 2024-03-02
$1,150,000
Bareis
Price Changed 2024-01-08
$1,150,000
Bareis
Relisted 2024-01-03
$1,250,000
Bareis
Listing removed 2024-01-01
$1,250,000
Bareis
Price Changed 2023-10-19
$1,250,000
Bareis
Listed 2023-10-06
$1,400,000
Bareis

Total Square Feet Living: 9178
Year Built: 1961
Levels: Two
Property Age: 63
Roof: Composition
Structure Type: Apartments, Live/Work, Mixed Use
Architectural Style: Mid-Century

Sewer: Sewer Connected
Water Source: Water District

Guerneville Elementary School is a public elementary and middle school located approximately 0.6 miles away.
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California Steam Sonoma Ii is a public elementary, middle and high school located approximately 0.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.