$2,995,000
Calculate Payment
Calculate Payment
3553 E Road Palisade, CO 81526
Other
Residence
Beds
3
Baths
7,508
Sq. Ft.
6.03
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
Colorado Cellars - Oldest & Most Awarded Winery in Colorado Located in Palisade, Colorado, this winery was initially established in 1978Âwith the first vines provided by Colorado State UniversityÂinÂColorado, with the vineyards planted in 1974. The winery location was purchased and the original por...tion 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.ÂWith approximately 3Âtotal acres of vines on the property, growing Merlot and Gewurztraminer, the winery produces a total of 26Âtypes of wines and a authenticÂchampagne. The property has a beautifully maintained lawn with gazeboÂwhich 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 capitlizationÂrate. 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.ÂTwo 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 - StartedÂin 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 genuineÂChampagne. 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 &Âwineries in the Palisade area. Their brandsÂinclude: Colorado Cellars, Rocky Mountain Vineyards. A unique fact about their brand is the grandfathered-in law allowing theÂuse ofÂ"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 âagricultural heavenâ 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
Continue reading
MLS#
789802
Property Type
Other
Bathrooms
3 Half
Year Built
1980
Square Feet
7,508
sq. ft
Price per Sq. Ft.
$398.91
Lot Size
6.03
Stories
3.0
Sewer
Septic
Receive an email as soon as the price changes
Receive an email
as soon as the price changes
Get Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Enter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Get prequalified today and learn more.
Rental Valuation Estimate
Per Month
Nearby Homes For Sale
Just Listed
And
Homes Available
In