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Listed by Nancy Manning • Compass • Compass
Compass
Compass
$ 2,795,000
Est. payment /mo
Price Dropped by $100K
411 Highland AVE Penngrove, CA 94951
2,221 Beds
4 Baths
1,608 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 1,608 sqft
Price per Sqft $1,738
MLS Listing ID 325081421
Bedrooms 2221
HOA Y/N No
Year Built 1972
Lot Size 8.110 Acres
Property Sub-Type 5 or More Units
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, Boarding/Training/Clinic Use Permit for horses 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!
Location
State CA
County Sonoma
Area Penngrove
Interior
Heating Varies by Unit
Cooling Varies by Unit
Exterior
Parking Features Open, RV Storage, Uncovered
Garage Spaces 10.0
Utilities Available Cable Connected, Electric, Natural Gas Connected
Roof Type Composition,Metal
Building
Foundation Block, Concrete Perimeter
Sewer Septic System
Water Well
Others
Special Listing Condition None

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