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    16390 4 St Guerneville, CA 95446

    Sponsored
    For Sale
    $4,564,000

    Historic Hotel, Bar & Restaurant, Pool

    Property size:
    10,155 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 23-room hotel, located at 16390 4th St, Guerneville, CA 95446, presents a unique investment opportunity. Boasting 10,155 square feet and an asking price of $4,564,000 ($449.43/sq ft), the property includes a bar and restaurant, expansive decks, and a swimming pool. Established for over 40 years, the R3 Hotel is a beloved Sonoma County landmark, known for its vibrant atmosphere and central role within the LGBTQ+ community and its allies. The sale includes an ABC Type 47 & 48 license for the restaurant and bar. Originally built in the 1940s as a motor court, the property evolved into a popular Russian River resort, attracting guests from across California and beyond. Recent improvements have enhanced accessibility, ensuring the R3 is welcoming to all. The property's prime location on the Russian River, coupled with its established reputation and existing management team, makes it a highly desirable and profitable venture. The hotel features a stage for performances and a sun deck, solidifying its position as a premier destination. This is a rare chance to acquire a well-established, profitable hospitality business with significant historical significance and a loyal customer base. The property's strong reputation and prime location make it an ideal investment for those seeking a thriving business in a desirable location.

    Property Features for 16390 4 St

    General Information

    Property type
    Motels
    Square Feet
    10,155 SF

    HighLights

    • Exceptional 23‑room hotel in Guerneville, CA.
    • 10,155 sq ft building on a prime Russian River location, asking $4,564,000 ($449.43/sq ft).
    • Includes bar & restaurant with ABC Type 47 & 48 licenses.
    • Features expansive decks, swimming pool, and a stage.
    • Established, profitable business with a loyal customer base and strong reputation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Motels

    Suggested Use

    Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Guerneville
    County
    Sonoma
    State
    California
    Longitude
    -123.000029
    Latitude
    38.5035064

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Motel - Historic Hotel, Bar & Restaurant, Pool
    Where is this motel located?
    The property is located at 16390 4 St Guerneville, CA.
    What is the asking price?
    The asking price for this property is $4,564,000.
    What are key features of this property?
    This property features: Exceptional 23-room hotel in Guerneville, CA.; 10,155 sq ft building on a prime Russian River location, asking $4,564,000 ($449.43/sq ft).; Includes bar & restaurant with ABC Type 47 & 48 licenses.
    Request Owner's contact information
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    Guerneville, CA 95446
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16390 4 St Guerneville, CA 95446
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