43020 Blackhawk RdHarris, MN 55032

Property Details for 43020 Blackhawk Rd

Year built

2019

Lot size

11.68 AC

Property size (Sq ft)

2,400 SF

Property type

Industrial properties

Property subtype

Industrial live-work properties

APN

03-00433-01

APU

30043301

Description

This exceptional opportunity presents a fully operational, award-winning winery and event venue nestled on 15.48 acres in Harris, MN. The property boasts a 7,193 square foot state-of-the-art wine production facility and a charming timber-frame tasting building, creating an inviting atmosphere for guests. The sale includes all necessary equipment, furniture, fixtures, vehicles, intellectual property, and the "North Folk" trademark – a true turnkey operation. Outdoor amenities include a summer kitchen with a wood-fired pizza oven and a versatile tent pad ideal for expanding event offerings. The property showcases a commitment to sustainability with solar panel stations and a Level 2 EV charging station. This presents a unique chance to acquire an established business with significant growth potential, whether through increased wine production, diversified events, or enhanced visitor experiences. The existing infrastructure and brand recognition provide a solid foundation for a new owner to build upon and achieve even greater success. The property is priced at $1,450,000.

• CAP approach

  CAP return

  Valuation

  6%

  $547,153

  6.5%

  $505,064

  7%

  $468,988

• Comparable approach

  Method

  Valuation

  Relative Method

  $189,869

  Geo Method

  $189,869

• Alternative Use

  Use

  Valuation

  Residential

  $505,064

  Hospitality

  $462,636

  Educational

  $384,908

  Medical

  $398,145

  Retail

  $598,746

Location Insight

City

Harris

County

Chisago

State

Minnesota

Latitude

45.5731

Longitude

-93.0815

CBSA code

33460

CBSA name

MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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