*Bankruptcy Sale* Any purchase of this property will be subject to approval of the Bankruptcy Court. The offering presents a prime redevelopment opportunity consisting of a 5.93-acre mixed-use zoned parcel ideally positioned along Highway 12 with direct frontage and scenic adjacency to Sonoma Creek. The property is currently improved with multiple structures, including single-family residence(s) and commercial building(s), providing a blend of existing income (in-place estimated income at $10,000/mo) and future redevelopment opportunities.
Zoning & Land Details
The site is zoned MX (Mixed Use), which establishes a maximum theoretical density of 20 dwelling units per acre. This zoning allows flexibility for multifamily residential, live-work, or mixed-use commercial/residential configurations consistent with Sonoma’s Downtown Area Plan and Housing Element objectives. The property lies within the City of Sonoma corporate limits and benefits from municipal utilities in proximity.
The sale is subject to Bankruptcy Court approval and potential overbid procedures.