16390 4 StGuerneville, CA 95446

Property Details for 16390 4 St

Property size (Sq ft)

10,155 SF

Property type

Hospitality properties

Property subtype

Other hospitality properties

Description

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.

Location Insight

City

Guerneville

County

Sonoma

State

California

Latitude

38.5035

Longitude

-123

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