3553 E Road
3553 E Road Palisade, Colorado 81526 United States

$3,250,000
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Colorado Cellars - Oldest & Most Awarded Winery in Colorado Located in Palisade, Colorado, this winery was initially established in 1978with the first vines provided by Colorado State UniversityinColorado, with the vineyards planted in 1974. The...

Listing Courtesy of United Country Colorado Brokers, Inc.

Listing Courtesy of United Country Colorado Brokers, Inc.
$3,250,000
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3
Partial Baths
7,508 Sq Ft.
Interior
6.03 Acres
Exterior
Commercial
Property type
1980
Year Built
789802
Web Id
789802
MLS ID

About 3553 E Road

Colorado Cellars - Oldest & Most Awarded Winery in Colorado Located in Palisade, Colorado, this winery was initially established in 1978with the first vines provided by Colorado State UniversityinColorado, with the vineyards planted in 1974. The winery location was purchased and the original portion of the building was built in 1980 into the hillside to begin making wines. As time progressed, the owners built on the production & storage area, and in 2002 added the carefully curated wine tasting room & patio area.With approximately 3total acres of vines on the property, growing Merlot and Gewurztraminer, the winery produces a total of 26types of wines and a authenticchampagne. The property has a beautifully maintained lawn with gazebowhich is ideal for outdoor events, weddings, concerts, and more. More than sufficient parking has been carefully thought through. Between the winery building, tasting room, outdoor tasting area, and event area, the property is an ideal hosting grounds for wine tasting & events. The winery business and equipment assets are nothing short of impressive. Wine making efficiency and a well-established, strong business makes this property a great income-producing investment, with a very strong capitlizationrate. This business has lead the charge in Colorado wine making, fruit wine production, and champagne production. Producing over 12,000 cases per year, it has an impressive list of vendors & outstanding financials. The tasting room encompasses just over 1,200 square feet, the office and laboratory rooms cover 988 square feet, and the winery/bottling/warehouse area covers 5,600 square feet total.Two 10,000 watt solar arrays cover the roof, providing free power to the business, and netting the property approximately $35/month in electric from Xcel energy. Colorado Wine History - Startedin 1978 in Palisade, CO Most Awarded - Colorado Cellars Winery has won over one thousand State, National, and International wine competition awards. They offer 26 wines, and a even a genuineChampagne. Not just one, but many of their wines have recevied medals for best in class over the years. The business has been family owned and operated from the start, "Exclusively in the wine business - complete commitment to an uncompromising desire for quality is the key to our long term success" This property and business is also the original Colorado vineyard & winery. They forged the path for many other vineyards &wineries in the Palisade area. Their brandsinclude: Colorado Cellars, Rocky Mountain Vineyards. A unique fact about their brand is the grandfathered-in law allowing theuse of"Colorado" in their brand name, as well being able use the label name "Champagne" and "Port". Vineyard and Winery For Sale Strong Financials Offers Great Investment Opportunity Great property for weddings and event center. Revenue has grown 3 years in a row. Thoroughly recorded financials and high net profit compared to other vineyard & winery businesses. Cap rate is over 18% at current list price. Possible option to have manager run operations with owner being remote. Colorado Cellars has a strong reputation that makes this a unique opportunity and practical investment. Contact broker for NDA prior to viewing financials. Palisade, Colorado Founded in April of 1904, Palisade, Colorado has been considered an agricultural heaven because of its close proximity to the Colorado River and its ability to feed the beautiful orchards and vineyards we have today. Named after the cliffs that overhang the town, Palisade is most known for their local businesses such as wineries, breweries and restaurants. Wine tasting, fine cuisine and frequent local musicians playing in town give this place a lively charm. Throughout the year, events like Palisade Bluegrass Festival, the Farmers Market, Colorado Mountain Winefest and the Custom Motorcycle Show attract plenty of visitors and keep locals enterta

Listing Courtesy of United Country Colorado Brokers, Inc., CREN MLS

Amenities

  • A/C
  • Carpet

PROPERTY INFORMATION

Cooling
Central A/C, Geo Thermal
Heating
Natural Gas
Parking Description
Gravel, 20 + Total Spaces
Sewer
Septic Installed

EXTERIOR

Roofing
Metal

INTERIOR

Flooring
Carpet, Concrete, Tile

ADDITIONAL INFORMATION

Number of Units
1
Listing Courtesy of United Country Colorado Brokers, Inc.
This Palisade Commercial is for Sale at $3,250,000 USD and was built in 1980. Has 7,508 Sq.Ft. on a lot of 6.03 Acres and 3 partial baths.

 

Listing Courtesy of United Country Colorado Brokers, Inc.

Listing Courtesy of United Country Colorado Brokers, Inc.
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