Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    16236 Main St Guerneville, CA 95446

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    16236 Main St Guerneville, CA 95446

    View on Map
    • Bars & Pubs
    • 2,209 SF
    • 0.05 lot acres
    For Sale
    $1,500,000
    View Listing →
    Iconic Guerneville Restaurant For Sale
    $1,500,000

    Iconic Guerneville Restaurant

    Historic eatery, turnkey business, huge potential.

    Guernewood, CA 95446
    View Listing
    Property ID
    US09-3477572
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bars & Pubs

    Property Details for 16236 Main St

    Year built
    1945
    Construction
    WOOD
    Lot size
    0.05 lot acres
    Property size
    2,209 SF
    Property type
    Bars & Pubs
    APN
    070-030-047-000
    APU
    70030047000

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Guerneville
    County
    Sonoma
    State
    California
    Longitude
    -122.998
    Latitude
    38.5022
    CBSA code
    42220
    CBSA name
    SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $16,133
    $150,223
    $406,153
    $556,376
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,338 SF

      16220 Main St

      NIGHTCLUB (COCKTAIL LOUNGE) • 2,338 SF
      16220 Main St, Guerneville, CA 95446-8300
      View Details
    • Value Estimation
      $520,000
      6,870 SF

      16135 Main St

      NIGHTCLUB (COCKTAIL LOUNGE) • 6,870 SF
      16135 Main St, Guerneville, CA 95446-8301
      View Details
    • Value Estimation by Request
      2,426 SF

      17121 Hwy 116

      RESTAURANT • 2,426 SF
      17121 Hwy 116, Guerneville, CA 95446-9604
      View Details
    • Value Estimation by Request
      2,714 SF

      15010 Armstrong Woods Rd

      RESTAURANT • 2,714 SF
      15010 Armstrong Woods Rd, Guerneville, CA 95446-9529
      View Details
    • Value Estimation by Request
      711 SF

      15640 Riv Rd

      TAKE-OUT RESTAURANT • 711 SF
      15640 Riv Rd, Guerneville, CA 95446-9563
      View Details
    • Value Estimation by Request
      1,576 SF

      16248 Main St

      RESTAURANT • 1,576 SF
      16248 Main St, Guerneville, CA 95446-8300
      View Details

    Similar Nearby for Sale

    • $1,500,000
      0.05 Acres

      Iconic Guerneville Restaurant

      Historic eatery, turnkey business, huge potential.
      16236 Main St, Guerneville, CA 95446
      View Details
    • $329,000

      Hillside Land with Fruit Trees

      16-acre hillside property with solar well, septic, and fruit trees.
      16303 Old Cazadero Rd, Guerneville, CA 95446
      View Details
    • Contact for pricing

      Guerneville Riverfront Retreat with Dock

      Refreshed 2-bedroom home on the Russian River with private dock.
      15627 Riverside Dr, Guerneville, CA 95446
      View Details
    • $799,000

      Guerneville Land with Canyon Views

      Just under 12-acre parcel near Russian River.
      13353 Pocket Canyon Rd, Guerneville, CA 95446
      View Details
    • $40,000

      Guerneville Hillside Lots Near River

      Two hillside lots in Guerneville near the Russian River.
      18190 Old Monte Rio Rd, Guerneville, CA 95446
      View Details
    • $75,000

      Guerneville Land with RV Parking

      Land with utilities, RV parking, and seller financing available.
      15683 Morningside Dr, Guerneville, CA 95446
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16236 Main St
    Guerneville, CA 95446
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!