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Investment Highlights

  • Property is currently UNDER CONTRACT.
  • Over 1,200 feet of frontage and a maximum depth of over 630 feet.

Executive Summary

Unique commercial Land in the county zoned Limited Commercial near Sebastopol. Currently used as a flea market with potential for multiple use, such as Mini Storage and RV storage. There is excellent parking on site, with the utilities being a private well and septic and PG&E electrical.
The property is conveniently located between Hwy 101 and Sebastopol on Hwy 116 a main road used by visitors to Sonoma County wine country and the Russian River resorts and second homes from San Francisco.
This is the first time this has come on the market with Sellers ready to retire.

Property Facts

Price $6,369,151 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Multifamily
  • Self Storage
Total Lot Size 17.85 AC
No. Stories 1
Zoning LC

1 Lot Available

Lot

Price $6,369,151 CAD
Price Per AC $356,815.20 CAD
Lot Size 17.85 AC

Zoned Limited Commercial and rural residential Water: Well Water Sanitary :Septic System

Description

The property is located on State Highway 116 also known as Gravenstein Highway in unincorporated Sonoma County 2.4 miles from downtown Sebastopol and 6.3 miles from Hwy 101 the main Freeway which runs north and south from the Golden Gate Bridge to the Oregon border. The historic use of the property for over 50 years continues to be the largest weekend Flea-Market in Sonoma County. The current business operation would cease upon transfer of the property. The improvements on the property are not purported to have any value and the asking price is based on land value only. The majority of the property is zoned LC – (Limited Commercial). This zoning allows many types of uses which makes this a rare opportunity in Sonoma County

Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 063-052-013
  • 063-052-001
  • 063-052-012
Land Assessment
$341,436 CAD
Improvements Assessment
$142,794 CAD
Total Assessment
$484,230 CAD
  • Listing ID: 16407601

  • Date on Market: 2019-06-20

  • Last Updated:

  • Address: 2200 Gravenstein Hwy, Sebastopol, CA 95472

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