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Real Estate Agent Theresa Englbrecht

Theresa Englbrecht

(970) 201-1849
Grand Junction Commercial

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3553 E Road, Palisade, CO 81526

$3,250,000.00
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Active
MLS#20220691
STATUSActive PROPERTY TYPECommercial - Retail

Property Description

Colorado Cellars - Oldest & Most Awarded Winery in Colorado Located in Palisade, Colorado, this winery was initially established in 1978 with the first vines provided by Colorado State University in Colorado, with the vineyards planted in 1974. The winery location was purchased and the original portion of the building was built in 1980 into the hillside to begin making wines. As time progressed, the owners built on the production & storage area, and in 2002 added the carefully curated wine tasting room & patio area. With approximately 3 total acres of vines on the property, growing Merlot and Gewurztraminer, the winery produces a total of 26 types of wines and a authentic champagne. The property has a beautifully maintained lawn with gazebo which is ideal for outdoor events, weddings, concerts, and more. More than sufficient parking has been carefully thought through. Between the winery building, tasting room, outdoor tasting area, and event area, the property is an ideal hosting grounds for wine tasting & events. The winery business and equipment assets are nothing short of impressive. Wine making efficiency and a well-established, strong business makes this property a great income-producing investment, with a very strong capitlization rate. This business has lead the charge in Colorado wine making, fruit wine production, and champagne production. Producing over 12,000 cases per year, it has an impressive list of vendors & outstanding financials. The tasting room encompasses just over 1,200 square feet, the office and laboratory rooms cover 988 square feet, and the winery/bottling/warehouse area covers 5,600 square feet total. Two 10,000 watt solar arrays cover the roof, providing free power to the business, and netting the property approximately $35/month in electric from Xcel energy. Colorado Wine History - Started in 1978 in Palisade, CO Most Awarded - Colorado Cellars Winery has won over one thousand State, National, and International wine competition awards. They offer 26 wines, and a even a genuine Champagne. Not just one, but many of their wines have recevied medals for best in class over the years. The business has been family owned and operated from the start, Exclusively in the wine business - complete commitment to an uncompromising desire for quality is the key to our long term success This property and business is also the original Colorado vineyard & winery. They forged the path for many other vineyards & wineries in the Palis

Property Features

Property Type: Commercial - Retail
Days on Market: 134
Taxes: $7,149

Feature Descriptions

Lot: Foothills, Other, See Remarks
Lot Dimensions: 400x660
Use (Possible): Agricultural, Office, Retail, Warehouse
Zoning: agricultural

Listed By / Shown By

Listed By

Agency Name: UNITED COUNTRY COLORADO BROKERS, INC
Agent Name: GARY HUBBELL
Agency Phone: 970-872-3322

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Shown By

Agent Name: Theresa Englbrecht
Agent Phone: (970) 201-1849

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/01/2022. The listing information on this page last changed on 07/01/2022. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Grand Junction MLS (last updated Thu 06/30/2022 11:37:12 PM EST). Real estate listings held by brokerage firms other than Bray Commercial may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. --

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