144 Kluge AvePalisade, CO 81526

Property Details for 144 Kluge Ave

Year built

1936

Construction

WOOD

Lot size

0.64 AC

Property size (Sq ft)

5,100 SF

Zone code

TC

Property type

Warehouses

APN

2937-092-41-001

APU

293709241001

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $1,072,796

  Hospitality

  $982,676

  Educational

  $817,574

  Medical

  $845,692

  Retail

  $1,271,783

Location Insight

City

Palisade

County

Mesa

State

Colorado

Latitude

39.1113

Longitude

-108.353

CBSA code

24300

CBSA name

GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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