870 Gravenstein HwySebastopol, CA 95472

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 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.

• 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

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