411 Highland Ave, Penngrove, CA 94951

$2,495,000
1,608
SqFt

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List Price
$2,495,000
Status
ACTIVE
MLS#
325081421
Price Change
▼ $200,000 1785805909
Year Built
1972
Property Type
5 or More Units
Living Area
1,608
Lot Size
353,272
Acres
8.11
County
Sonoma
Region
Penngrove

Property Description

Looking for opportunity, this property has many potential uses and established rental income of $9,400 per month with month-to-month tenancy. Three Use Permits run with the land, including a Veterinary Clinic Use Permit, Equine Boarding/Training/Clinic & Equestrian Event Use Permit and an Equine Therapy Inpatient Addiction Treatment Center is considered a consistent use within these permits. Additionally, the Covered Arena, concrete block barn and one of the mobile homes on the property are all Approved A3 Commercial Buildings, opening them up for many additional uses! The property has been the site of natural horsemanship clinics since 1985, includes 3 septic systems, 2 wells, 5 legal residences; the 2/1 main home, 2/1 ADU plus 3 Mobile Homes all on permanent foundations, each with its own electric meter, there are both Ag and Residential Meters. The Arena is approx. 70' x 180' with sand footing, 40' round pen, 29 total stalls, 3 pastures, 7 turn out paddocks, bulk hay & shavings storage, office, laundry room & public restroom. Close to Cotati and down town Penngrove, Sonoma State University and Highway 101. With its premiere location, functional equestrian amenities, commercial buildings and extensive permits, the possibilities are endless. Let's explore how you might use this space to begin or expand your business!

Additional Information

Basement
None
Foundation
Block, Concrete Perimeter
Lot Description
Private, Irregular Lot
Possession
Close Of Escrow, Subject To Tenant Rights
Roof
Composition, Metal
Tenant Pays
Electricity, Gas
Utilities
Cable Available, Electricity Available, Natural Gas Available
View
Mountain(s), Pasture

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Calculator source: Real Geeks

Listing courtesy of Sharon Vallejo from Compass

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