$8,000,000
$10,500,000
23.8%For more information regarding the value of a property, please contact us for a free consultation.
32.4 Acres Lot
SOLD DATE : 02/29/2024
Key Details
Sold Price $8,000,000
Property Type Commercial
Sub Type Agriculture
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NS24016846
Sold Date 02/29/24
HOA Y/N No
Lot Size 32.400 Acres
Property Description
A high-capacity ultra-premium, legacy winemaking campus equipped for crush, fermentation, storage, and barrel aging in the heart of Central Coast wine country, near Highway 101. Home to a 44 acre vineyard primarily planted with Cabernet Sauvignon and onsite tasting room, the 64 acre Templeton property has a crush capacity in the range of 250,000-500,000 cases annually. Located in the Atascadero Groundwater Basin, the property isn't subject to the restrictions of Paso Robles Groundwater Basin. The ponds support up to 1,700,000 gallons of wine production annually. Five support buildings totaling 48,600 sq. ft. make the facility an especially attractive asset. Specifically: a 27,500 sq. ft. warehouse with drains and space for 8,000+ barrel storage (695k gallon cooperage). Generous equipment/storage space, flexible array of stainless steel tanks (138 tanks with 701,959 gallons) shipping and receiving docs, an open-top fermentation building, lab, and administrative offices. Winery equipment included; a Diemme260 and Europress along with a flexible array of large and small-lot stainless steel fermentation and storage tanks, with fermentation capacity of 1,050 tons per turn. A valuable addition to any portfolio aimed to maximize consistent earnings, this Winery facility offers an ideal blend of assets. Potential for seller financing for qualified buyers.
Location
State CA
County San Luis Obispo
Area Tton - Templeton
Interior
Fireplace No
Laundry None
Building
Lot Description Agricultural
Story 2
Water Well
Others
Tax ID 034071042
Financing Cash
Special Listing Condition Standard
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Bought with NONE NONE • None MRML