16440 4th Street

Description

Cheapest PPSF in Sonoma County at $160 per square foot! 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. ~10,000sf building includes classic full-service restaurant, event space, separate downstairs bar that doesn't need to serve food, as permitted by the existing Type 47/48 liquor license. 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 $6k/month. 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, flexible liquor license, and large indoor open areas.