411 Highland Ave, Penngrove, CA 94951

$2,495,000
1,608
SqFt

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Listing courtesy of Sharon Vallejo from Compass

List Price
$2,495,000
Status
ACTIVE
Days on Market
366
Price Change
▼ $200,000 1785805909
MLS#
325081421
Subtype
Residential Income
Year Built
1972
Living Area
1,608
Lot Size
353,272
Acres
8.11
Neighborhood
Penngrove
MLS Area Major
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

Roof
Composition, Metal
Foundation
Block, Concrete Perimeter
Parking Features
Open, Rv/Boat Parking, Uncovered
View
Mountain(s), Pasture

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