Bought with Shannon Cresci • Coldwell Banker Realty
$779,000
$779,000
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3,544 SqFt
SOLD DATE : 09/29/2021
Key Details
Sold Price $779,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,544 sqft
Price per Sqft $219
MLS Listing ID 321065855
Sold Date 09/29/21
HOA Y/N No
Year Built 1944
Property Description
History & Large Income Potential(5.86 CAP Rate, 10.6 GRM)come together in downtown Forestville! This attractive stucco keystone building,built in 1944,contains 3,588 sq ft,4 separate LC-Zoned spaces: The Downstairs Unit(1794 sq ft), previously occupied by a prominent restaurant,has a roughed-in commercial kitchen containing the remaining fan hood,walk-in cooler,serving counter,storage spaces,utility & mop sinks,& 2 bathrooms.Exterior fenced front & side courtyards are great potential for appealing outside dining areas.2 occupied upstairs Units w/Tenants on month-to-month leases(South Unit, 650 sq ft,rent $750 & Residential Unit, 650 sq ft, rent $1025)Unit. Middle upstairs Unit(494 sf)has great flexibility.Lot includes a side parking area w/enough space for 15 vehicles.The fenced & gated Northeast corner of the lot has a storage shed & dumpster area.Fantastic frontage on State Hwy 116 with traffic moving at 25 mph is perfect for patrons of restaurants and retail establishments.
Location
State CA
County Sonoma
Area Russian River
Zoning LC
Interior
Heating Ductless, Electric, MultiType, No Heat, Varies by Unit
Cooling MultiType, Varies by Unit, Wall Unit(s), Window Unit(s)
Flooring Carpet, Combo of Materials, Linoleum, Tile, Wood
Exterior
Garage Spaces 15.0
Utilities Available Varies by Unit
Roof Type Composition,Shingle
Building
Lot Description Corner, Flag Lot, Sidewalk, Other
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Special Listing Condition Offer As Is
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