20292 Highway 116, Monte Rio CA, 95462

Active

20292 Highway 116

Monte Rio CA, 95462

$3,190,000

$490.77 per sqft

Active

6,500 sqft

Commercial

Built in 1946

The Inn on the Russian River is a successful 11 room inn with a separate 3bd/3ba owner's house. There is 180 +/- feet of frontage on the Russian River. The grounds are lovely and have hosted many weddings and special events. If you have dreamed of owning a hospitality business and the Russian River is your ideal location then this is the property for you. The rooms have updated decor. Occupancy was 62% in 2022 with an ADR of $209.00.

323900759

MLSⓇ ID

November 10, 2023

Updated

Map

20292 Highway 116
Monte Rio CA, 95462

Interior Features

Floor Description: Combo of Materials
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Varies by Unit

Exterior/Building Features

Lot Size: 1.36 acres

Other Property Details

Area Name: Russian River
Garage: No
Parking: No
View: No
County: Sonoma
Pool: No
Buyer Agency Compensation: 2.5%

Listed by Rosemarie Corrigan (00880048) with Vanguard Properties

Listing Contact:

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kristopher Lepore shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.