14391 IL-37 - Specialty FOR SALE


Whittington, IL 62897
$3,250,000 USD
618-499-2520
14391 IL-37, Whittington, IL for Sale
$3,250,000 USD
Specialty - FOR SALE
1/33
null | Request Cap Rate

14391 IL-37
Whittington, IL 62897


HIGHLIGHTS

  • turn key property includes equipment ,recipes,
  • 25 years in business
  • owners willing to stay 6-12 moths to teach new owners the business

OVERVIEW

Turn Key Winery in Southern Illinois that has been in business for 25 years and still going strong . Pheasant Hollow has 18-20 different wines they produce , all their wines have won awards over the years . This area of southern IL is remarkable with Rend Lake known for its excellent fishing, deer, and water fowl hunting as well as camping . The winery consist of 10 acres with only about 3 acres being used presently leaving 7 acres to put cabins , more building venues etc. for expansion . Pheasant Hollow also has a good wholesale business around the state and has not even tapped into the market in Chicago yet leaving expansion wide open for growth . Pheasant Hollow presently holds murder mystery dinners 1-2 times a month , and has a yearly Cajun festival and blues and barbecue festival that draws excellent crowds year after year. They also hold sip and paint parties and host food trucks drawing lots of people. Pheasant Hollow opened July4 th 1999 and has been a strong outstanding business and is being sold with everything you need to continue running it . The owners will work with the new owner during the transition period time frame to be negotiated, the wine maker will sign a employment retention agreement time frame to be negotiated . Also located at Hwy 37 and Interstate 57 is behind the winery and a 1/2 mile from exit 77 on interstate 57 .35 acres is highway 37 frontage that is not being utilized presently. The opportunities are endless for new set of owners , cabins , wedding venues more storage buildings ,

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$410 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Pheasant Hollow Winery

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

7.25 AC

LAND SF

315,634 SF

ZONING

commercial

APN/PARCEL ID

03-19-226-002

ASK ABOUT THIS PROPERTY

Brett VideonRemax Integrity of Southern IllinoisMore Info
618-499-2520

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Brett VideonRemax Integrity of Southern IllinoisMore Info
618-499-2520

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.