16721 Sonoma Highway is a single-story retail/commercial property with an accompanying detached single family residence on the same parcel. The retail/commercial portion of the improvements is a single-story retail building of some 2,520 square feet. The property was formerly occupied by a destination retail services company catering to the repair and maintenance of in-ground swimming pools and the retail sale of poolside furniture and accessories, demonstrating the property’s appeal for destination retail/commercial businesses.
The subject property enjoys enviable visibility to vehicular drive-by traffic with nearly 165 lineal feet of frontage on Sonoma Highway, which is enhanced by the ample, high-identity monument signage situated nearly on the roadway. The 1.40 acre site is also home to a single family residence, currently leased and producing income. According to county records, the approximately 2,100 square foot residence is of a three-bedroom / 2 bath configuration. There are two additional structures on the parcel: a metal carport type and a storage shed.
The subject property presents a unique opportunity for an owner user. Operate a retail/commercial business from the commercial improvements and apply the income produced by the single family residence to the SBA-504 loan payments. Or, for those business owners seeking arguably the shortest commute in Sonoma County, occupy the single family residence and “commute” to your place of business just steps away from your front door. In either case, the pricing for this offering is supported by the purchase vs. lease analysis located further in this offering, by supporting comparable data for single family home sales and on-market in the area, and finally by unimproved land sales.