For Sale
$2,470,000

144 Kluge Ave Palisade, CO 81526

Turnkey Distillery Business, Prime Location

Property Records

Overview

Added:
Feb 3
Days on market:
85
This exceptional business opportunity encompasses a thriving, established distillery in the heart of downtown Palisade, Colorado. The sale includes all real estate and business assets, presenting a unique chance for immediate operation and potential expansion. Situated on a desirable 0.63-acre corner lot, the property boasts four distinct buildings totaling over 10,400 square feet. The main structure is a 2,690-square-foot retail distillery and bar, perfect for customer interaction and sales. A substantial 5,100-square-foot warehouse facilitates efficient manufacturing processes, while a 1,460-square-foot historic home/office provides versatile administrative space. Additional storage is available in a 1,250-square-foot warehouse, also offering potential for expanded seating. The property further benefits from multiple furnished and landscaped outdoor patio areas, ideal for creating a welcoming atmosphere. A fully equipped food truck is included, adding another revenue stream. The sale price includes all business assets, valued at over $1.1 million, and existing inventory estimated at over $550,000 cost, $1 million wholesale, and over $2 million retail value. The distillery enjoys a strong historical performance record, providing a solid foundation for future growth under new ownership. This turnkey operation offers significant value in its real estate, land, equipment, and established business, presenting numerous options for expansion and innovation.

Property Details for 144 Kluge Ave

Property type
Investment properties
Year Built
1963

Location Insight

City
Palisade
County
Mesa
State
Colorado
Latitude
39.11134
Longitude
-108.3523

FAQs

What type of property is this?
Investment property - Turnkey Distillery Business, Prime Location
Where is the investment property located?
The property is located at 144 Kluge Ave Palisade, CO.
What is the asking price?
The asking price for this property is $2,470,000.
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144 Kluge Ave
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