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3553 E Road

Palisade, CO 81526
  • $2,995,000
  • STATUS: Active
  • ON SITE: 316 Days
  • MLS #: 789802
UPDATED: 129 min ago
$2,995,000
  • 0
    BEDS
  • 6.03
    ACRES
  • 0
    BATHS
  • 3
    1/2 BATHS
  • 7,508
    SQFT
  • $399
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1980
County:
Area:

School Ratings & Info

Listing courtesy of United Country Colorado Brokers, Inc.: 970-872-3322.


Description

Colorado Cellars - Oldest & Most Awarded Winery in Colorado Located in Palisade, Colorado, this winery was initially established in 1978with the first vines provided by Colorado State UniversityinColorado, 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 3total acres of vines on the property, growing Merlot and Gewurztraminer, the winery produces a total of 26types of wines and a authenticchampagne. The property has a beautifully maintained lawn with gazebowhich 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 capitlizationrate. 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 - Startedin 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 genuineChampagne. 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 Palisade area. Their brandsinclude: Colorado Cellars, Rocky Mountain Vineyards. A unique fact about their brand is the grandfathered-in law allowing theuse of"Colorado" in their brand name, as well being able use the label name "Champagne" and "Port". Vineyard and Winery For Sale Strong Financials Offers Great Investment Opportunity Great property for weddings and event center. Revenue has grown 3 years in a row. Thoroughly recorded financials and high net profit compared to other vineyard & winery businesses. Cap rate is over 18% at current list price. Possible option to have manager run operations with owner being remote. Colorado Cellars has a strong reputation that makes this a unique opportunity and practical investment. Contact broker for NDA prior to viewing financials. Palisade, Colorado Founded in April of 1904, Palisade, Colorado has been considered an "agricultural heaven because of its close proximity to the Colorado River and its ability to feed the beautiful orchards and vineyards we have today. Named after the cliffs that overhang the town, Palisade is most known for their local businesses such as wineries, breweries and restaurants. Wine tasting, fine cuisine and frequent local musicians playing in town give this place a lively charm. Throughout the year, events like Palisade Bluegrass Festival, the Farmers Market, Colorado Mountain Winefest and the Custom Motorcycle Show attract plenty of visitors and keep locals enterta

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Dalynn Trujillo | Bluebird Real Estate contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-12-01T23:56:26.57.
www.dalynntrujillo.com/homes/124879699
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3553 E Road Palisade, CO 81526

  • Price: $2,995,000
  • Status: Active
  • On Site: 316 Days
  • Updated: 129 min ago
  • MLS #: 789802
0
Beds
0
Baths
3
½ Baths
6.03
Acres
7,508
SQFT
$399
$/SQFT
1980
Built
Neighborhood:
Palisade
County:
Mesa
Area:
Palisade
Property Description
Colorado Cellars - Oldest & Most Awarded Winery in Colorado Located in Palisade, Colorado, this winery was initially established in 1978with the first vines provided by Colorado State UniversityinColorado, 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 3total acres of vines on the property, growing Merlot and Gewurztraminer, the winery produces a total of 26types of wines and a authenticchampagne. The property has a beautifully maintained lawn with gazebowhich 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 capitlizationrate. 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 - Startedin 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 genuineChampagne. 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 Palisade area. Their brandsinclude: Colorado Cellars, Rocky Mountain Vineyards. A unique fact about their brand is the grandfathered-in law allowing theuse of"Colorado" in their brand name, as well being able use the label name "Champagne" and "Port". Vineyard and Winery For Sale Strong Financials Offers Great Investment Opportunity Great property for weddings and event center. Revenue has grown 3 years in a row. Thoroughly recorded financials and high net profit compared to other vineyard & winery businesses. Cap rate is over 18% at current list price. Possible option to have manager run operations with owner being remote. Colorado Cellars has a strong reputation that makes this a unique opportunity and practical investment. Contact broker for NDA prior to viewing financials. Palisade, Colorado Founded in April of 1904, Palisade, Colorado has been considered an "agricultural heaven because of its close proximity to the Colorado River and its ability to feed the beautiful orchards and vineyards we have today. Named after the cliffs that overhang the town, Palisade is most known for their local businesses such as wineries, breweries and restaurants. Wine tasting, fine cuisine and frequent local musicians playing in town give this place a lively charm. Throughout the year, events like Palisade Bluegrass Festival, the Farmers Market, Colorado Mountain Winefest and the Custom Motorcycle Show attract plenty of visitors and keep locals enterta
Exterior Features

Acreage Range 5-9.99 Approx Irrig Acres 6 Carport No Lot Dimension 6.03 Parking 20 + Total SpacesGravel Roof Metal Sewer Septic Installed Stories 3 Street Description CountyPavedShared Drive Water Tap Installed Paid Water Well No Waterfront YN No

Interior Features

Cooling Type Central A/CGeo Thermal Finished Sq Ft 7508 Flooring CarpetConcreteTile Foundation Concrete Heating Fuel Source Natural Gas Heating System Ceiling RadiantForced Air One Quarter Baths 0 Total Offices 0

Property Features

Books Available No Cam No Covenants No Current Use AgricutureManufacturingMixed UseRetail StorefrontShowroomWarehouseWholesale Documents On File Aerial PhotosEasementsLeases Exchange Trade No Existing Utilities ElectricInternetNatural GasSepticThree-PhaseWater Fixtures Included No Inventory Included No Lease Included Yes New Construction YN No Owners Association No Possible Property Use Retail StorefrontShowroom Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2021 Total Taxes 7149.40 Type Other Variable Rate No Water Rights Yes Zoning Type Agriculture

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Dalynn Trujillo | Bluebird Real Estate contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-12-01T23:56:26.57.
 
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Dalynn Trujillo | Bluebird Real Estate
211 Elk Avenue
Crested Butte CO, 81224
Listing courtesy of United Country Colorado Brokers, Inc.: 970-872-3322.