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Listed by Jane & Ron Pavelka • Compass
$ 1,500,000
Est. payment | /mo
5,479 SqFt
$ 1,500,000
Est. payment | /mo
5,479 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,479 sqft
Price per Sqft $273
MLS Listing ID 325073260
HOA Y/N Yes
Year Built 1959
Property Sub-Type Retail
Property Description
First time on the market in decades in the quaint idyllic community of Cloverdale located in the heart of the Alexander Valley Wine Country in northern Sonoma County. This opportunity awaits an investor/developer to revitalize this property. It fronts Cloverdale Blvd on one side, the Community Plaza to the north and the Post Office to its east. High traffic and high visibility surround this property on a daily basis. Existing tenants provide income with the 3000 sq ft building available for rent, while developing this property into a hotel, retail spaces, live/work with multiple stories or more in the friendly building environment of Cloverdale. Zoned Downtown Commercial allows for several uses compatible with the needs of the community. Plus, every Friday night for 13 to 14 weeks during the summer, 1500 to 3000 people crowd the plaza for live music and a street fair complete with food vendors and local artists.
Location
State CA
County Sonoma
Area Cloverdale
Zoning Downtown Commercial
Interior
Flooring Concrete Slab
Exterior
Utilities Available Cable Available, DSL Available, Internet Available, Separate Gas Meter, Separate Water Meter, Telephone, Underground Utilities
Building
Sewer Public Sewer
Water Public
Others
Special Listing Condition None
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Kathy Salling
Broker Associate | Lic# 01925196