500 S Bonair Rd - Specialty FOR SALE


Zillah, WA 98953
$2,600,000 USD
509-480-0733
500 S Bonair Rd, Zillah, WA for Sale
$2,600,000 USD
Specialty - FOR SALE
1/69
null | Request Cap Rate

500 S Bonair Rd
Zillah, WA 98953


HIGHLIGHTS

  • Competitive Seller financing terms.
  • Eleven grape varietals producing 3-5 tons/acre annually.
  • Senior irrigation water rights.
  • All inventory, brand, grapes and wine manufacturing equipment included in sale.
  • Exceptional setting in wine country with views of Mt. Adams & Mt. Rainier.
  • Well established vineyard complimented by a thoughtful operational footprint.

OVERVIEW

This OFFERING is for the opportunity to purchase the ''Bonair Winery'' and Vineyard Estate in Zillah, WA. The property encompasses +/- 36 acres of prime real estate on four separate tax parcels and includes everything needed to run a wine enterprise. The sale includes a crush and fermentation facility, a barrel/inventory warehouse, an underground wine cave that holds 250 barrels for aging, a processing and bottling line, all inventory, brand, grapes (quantity to be determined at time of sale), and a tasting room/hospitality center complete with a commercial kitchen. A large +/- 2,856SF Tudor-style home currently operated as an Air BnB is also part of the sale. The vineyard contains eleven different grape varietals, producing 3-5 tons per acre annually. Each parcel has senior irrigation water rights, power, and multiple structures. Located just 18 miles southeast of Yakima and in the heart of the Rattlesnake Hills, AVA, current Ownership pioneered and established this business in 1980. This turn-key investment opportunity reflects 40 years of pride as ownership plans to transition into retirement. This is an asset sale. Price is NOT based on current/operational P&Ls. Home was built in 1981. Wine buildings were constructed in 1980, 1985, and 1994 and the tasting room in 2006. Building square footage was calculated by combining the NRSF of all the structures. SELLER FINANCING IS AVAILABLE: Seller will finance on Buyer approval. TERMS: 20-25% down over five years, on 20-year Am., at 5.5%.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$142 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bonair Winery and Vineyards

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Ag

APN/PARCEL ID

201122-41005, 14404,14401, 201123-32012

ASK ABOUT THIS PROPERTY

Nick MayerAlmon Commercial Real EstateMore Info
509-480-0733

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Nick MayerAlmon Commercial Real EstateMore Info
509-480-0733

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