Inn on the Russian River, and the River Gem

For Sale

20292, 20300, and 20284 Highway 116, Monte Rio, CA 95462

This Monte Rio property for sale is located at 20292, 20300, and 20284 Highway 116. The current listed sale price for Inn on the Russian River, and the River Gem is $3,740,000. Inn on the Russian River, and the River Gem is situated on a lot that is 1.01 acre in size.

Contacts

broker

Rosemarie Corrigan

Artisan | Sothebys International Realty

(707) 480-9730

Property Details

  • Property Type Other
  • Property Size 6,500 SF
  • Units 12
  • Lot Size 1.01 Acre
  • Year Built 1947
  • Date Updated Apr 19, 2024
Discover the allure of Monte Rio, a charming riverside community nestled in the heart of Sonoma County. Surrounded by towering redwoods and bordered by the scenic Russian River, this idyllic locale offers a seamless blend of natural beauty and leisure. With nearby attractions like the iconic Bohemian Grove, Johnson's Beach, and the historic Monte Rio Amphitheater, the area presents an enticing opportunity for Hospitality and Limited Service investors. Guests can indulge in water activities, wine tasting, and outdoor adventures, making the location an ideal investment for a property like Inn on the Russian River.Introducing an exceptional investment opportunity in the Monte Rio area. This remarkable property boasts a 6,500 SF building with 12 units, providing ample space for guest accommodations. Built in 1947, the property exudes timeless charm and character, offering a unique appeal to discerning investors. Zoned K for Hospitality and Limited Service ventures, it presents a promising prospect for those seeking to capitalize on the thriving market in this sought-after location. With its strategic positioning and potential for expansion, this property is poised to elevate any investor's portfolio in the vibrant hospitality sector. This offering includes three adjoining parcels, the Inn on the Russian River, The River Gem and a 3 bedroom 3 bath Cottage.

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Highlights

  • - 6,500 SF building with 12 units
  • - Built in 1947, exuding timeless charm
  • - Zoned K for Hospitality and Limited Service ventures
  • - Prime location in the Monte Rio area
  • - Potential for expansion and customization
  • - Versatile layout for diverse guest accommodations
  • - Strong investment opportunity in thriving market
  • - Well-suited for hospitality business operations
  • - Historical appeal with modern investment potential

Getting around

  • 42/100

    Walk Score ®

  • 20/100

    Bike Score ®

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Location

  • City Monte Rio, CA
  • Neighborhood Monte Rio
  • Zip Code 95462
  • Market San Francisco

Points of Interest

  • 76

    2.33 miles

  • MD

    3.22 miles

  • Bridgeway

    7.85 miles

  • Union 76

    9.13 miles

  • 76

    9.85 miles

  • Overflow Parking

    2.30 miles

  • Shell Beach parking lot

    6.28 miles

  • Blind Beach parking lot

    6.51 miles

  • Duncans Landing parking lot

    6.91 miles

  • Sonoma Coast State Beach Russian Gulch

    7.94 miles

  • Fire mountain lodge

    2.27 miles

  • Applewood Inn

    2.36 miles

  • Hillside lodge

    3.13 miles

  • Cottages on River Road

    3.53 miles

  • Union Hotel & Restaurant

    5.34 miles

  • Jenner Inn

    5.93 miles

  • River's End

    6.44 miles

  • Bodega Harbor Inn

    9.55 miles

  • The Inn at the Tides

    9.80 miles

  • Safeway

    2.26 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Rosemarie Corrigan

Artisan | Sothebys International Realty

(707) 480-9730