17071 Hwy 116 - Retail FOR SALE


Guerneville, CA 95446
$350,000 USD
707-433-8000
17071 Hwy 116, Guerneville, CA for Sale
$350,000 USD
Retail - FOR SALE
1/16
null | 4.94% Cap Rate

17071 Hwy 116
Guerneville, CA 95446


HIGHLIGHTS

  • Highly visible
  • Highway frontage
  • Lots of traffic

OVERVIEW

Prime location! Highly visible from highway. Great opportunity to own an income producing property right next to the Russian River. Not in flood area. Lease is month to month. Current tenant is paying $2250 which is below market rate. Potential upside return with projected cap rate is 7.4. Do not disturb tenant, call listing agent for details.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$347 USD /SF

CAP RATE

4.94%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,481 SF

ZONING

-

APN/PARCEL ID

071-200-052

ASK ABOUT THIS PROPERTY

Tom LarsonLuxe Places International RealtyMore Info
707-433-8000

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Tom LarsonLuxe Places International RealtyMore Info
707-433-8000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.