870 Gravenstein HwySebastopol, CA 95472
- Retail properties
- 3,175 SF
Property Details for 870 Gravenstein Hwy
- Year built
- 1961
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.25 AC
- Property size (Sq ft)
- 3,175 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 060-270-080-000
- APU
- 60270080000
Description
This exceptional turn-key winery, located at 870 Gravenstein Highway in Sebastopol, California, presents a unique investment opportunity within the prestigious West County Winery Corridor. Situated on a 0.25-acre lot, the property boasts a combined tasting room and production facility, perfectly positioned on Highway 116, just west of downtown Sebastopol. The winery is permitted for the production of up to 10,000 cases of wine annually, with a license allowing for seven-day-a-week tasting room operations. This established business benefits from its strategic location amongst renowned wineries such as Paul Hobbs, Merry Edwards, Emeritus, Iron Horse, and Dutton Goldfield, solidifying its position within a highly desirable and celebrated wine region known for its exceptional Pinot Noir. Furthermore, its proximity to The Barlow, a vibrant hub of taprooms, restaurants, and local attractions, significantly enhances its appeal and potential for increased customer traffic and revenue generation. This property offers an unparalleled chance for established winemakers to expand their operations or for aspiring vintners to establish themselves in one of California's most esteemed wine regions. The asking price for this remarkable property is $2,500,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,280,460
- 6.5%
- $1,181,963
- 7%
- $1,097,537
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,468,154
- Geo Method
- $2,013,600
-
Alternative Use
- Use
- Valuation
- Residential
- $997,030
- Hospitality
- $913,274
- Educational
- $759,833
- Medical
- $785,965
- Retail
- $1,181,963
Location Insight
- City
- Sebastopol
- County
- Sonoma
- State
- California
- Latitude
- 38.4094
- Longitude
- -122.841
- CBSA code
- 42220
- CBSA name
- SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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