Unique Hospitality Property with
5186 Hwy 116 S Sebastopol, CA 95472
5186 Hwy 116 S, Sebastopol, CA, 95472
$1,999,999
For Sale
$1,999,999
Charming farmhouse and tavern on 5 acres for sale.
Property Size4,400 SF
Lot Size5.00 Acres
Price / SF$454.55
Days on Market175
Property Features for 5186 Hwy 116 S
General Information
- Standard status
- Active
- Size
- 4,400 SF
- Lot size
- 5.00 Acres
- Property subtype
- Commercial
Listing Agency
ARTISAN SOTHEBY'S INT'L REALTY
2841111
Listed by
ROSEMARIE CORRIGAN · License #00880048
Source
Corcoran
Added: Jan 27 Updated: Jul 10 at 3:46 pm Checked: Jul 20 at 3:26 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ARTISAN SOTHEBY'S INT'L REALTY
Investment Insights
Based on property information with market context.
This unique property features a 4-bedroom, 2-bath farmhouse with a wraparound deck, alongside a tavern building equipped with a commercial kitchen, bar, and lounge area. The property includes almost 13,000 square feet of lawn and deck space suitable for events. Several small outbuildings provide storage, and there is also a barn that could be restored. Situated on two APNs totaling 5 acres, which might be delivered separately, the property has been used as various hospitality and special event venues since the 1960s. The house has served as a successful vacation rental and is often rented for occupancy during events. The gardens are notable, featuring a labyrinth and heritage roses. Artificial grass has been installed on the large wedding lawn and the reception lawn to simplify maintenance. The property is located in Sebastopol, CA and offers potential for various ventures, including daycare, a dog bar, artistic pursuits, a school, a family compound, nursery, or museum.
Key Highlights
- Unique property featuring a farmhouse and separate Tavern building with a commercial kitchen, bar, and lounge.
- Large event space: 13,000 sq ft of lawns and deck areas, perfect for gatherings.
- Two APNs totaling 5 acres, potentially divisible for future development.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $116.2k | $26.40 |
| − Vacancy | −$4.9k | −$1.11 |
| EGI | $111.3k | $25.29 |
| − OpEx | −$27.8k | −$6.32 |
| NOI | $83.5k | $18.97 |
4,400 SF · lease $26.40/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.19M
$1.04M – $1.39M
NOI $83,461 @ 7.0% cap · market cap 4.17%
Second Best
Hotel Hospitality
$761.4K
$666.2K – $888.3K
NOI $53,295 @ 7.0% cap · market cap 2.66%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar For Sale Nearby
FAQs
What type of property is this?
Hospitality property - Charming farmhouse and tavern on 5 acres for sale.
Where is this hospitality property located?
The property is located at 5186 Hwy 116 S Sebastopol, CA.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: Unique property featuring a farmhouse and separate Tavern building with a commercial kitchen, bar, and lounge.; Large event space: 13,000 sq ft of lawns and deck areas, perfect for gatherings.; Two APNs totaling 5 acres, potentially divisible for future development.
