*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 and future redevelopment opportunities. The property is designated under the Mixed-use (MU) zoning district, which encourages a flexible blend of residential, commercial, and community-oriented uses. This zoning designation supports a wide range of development possibilities, including retail, office, hospitality, multifamily, or mixed-use, subject to City and County approvals. The parcel's large size and frontage along Highway 12 offer a rare opportunity for a comprehensive redevelopment or repositioning project. Additionally, its adjacency to Sonoma Creek enhances its long-term value and potential appeal for higher-end residential or mixed-use projects. The site is currently leased to seven (7) tenants, producing $10,000/mo in income, which provides holding flexibility while entitlements or development plans are pursued.
Features
crop_free258311 sq. ft. lot size
cottageLand
Property history for 19357 CA-12
2022
Sold
Undisclosed
07 Oct 2022 by Mark Stornetta
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