411 Highland Ave, Penngrove, CA 94951

$2,495,000
: 2
BD
: 1
BA
: 1,608
SqFt

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List Price: $2,495,000
Status: ACTIVE
MLS#: 325074617
Price Change: ▼ $200,000 1784608093
Year Built: 1972
Property Type: 3+ Houses on Lot
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Living Area: 1,608
Lot Size: 353,272
Acres: 8.11
County: Sonoma
Region: Penngrove

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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, Equestrian 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!

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