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Property profile & analytics
OFF-MARKET
Bars & Pubs

16236 Main St Guerneville, CA 95446-8300

2,209 SF 0.05 ac lot Built 1945
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-3477572
Property summary
AI-generated overview

This exceptional opportunity presents the chance to acquire a piece of Guerneville history: Pat's International Restaurant, a beloved landmark at 16236 Main Street. Established in 1940 and under the same family ownership since 1944, this 2209 square foot restaurant boasts a rich 71+ year legacy within the vibrant Russian River community. The property sits on a 0.05-acre lot and is currently operating as a successful upscale diner with an international flair, offering a diverse menu of classic and specialty dishes. The established clientele and prime location provide a strong foundation for continued success. The spacious interior offers ample seating and versatile areas, presenting significant potential for expansion and diversification. Imagine the possibilities: introducing live music, hosting comedy shows, or creating a unique venue for corporate events and private parties. This turnkey business is priced at $1,500,000 and represents a rare chance to own a thriving restaurant with immense potential for growth and innovation within a thriving community. The property's history and established reputation offer a unique and compelling investment opportunity.

Property profile
Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1945
Construction WOOD
Total area 2,209 SF
Lot 0.05 ac (2,100 SF)
APN 070-030-047-000
UPID US09-3477572
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
16236 Main Street LLC · 12 yrs held
16236 Main Street LLC
since 2013
3 recorded transactions
2013
$450,000
2006
Price N/A
2004
$625,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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