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29804657
29804656

37320 De Portola Rd, Temecula, CA 92592

TD
02065749
GRE Commercial Real Estate, Inc
Listed by GRE Commercial Real Estate, Inc
$14,900,000
119 days on market
Updated 62 days ago

Fazeli Cellars Winery

Details
APN 927-640-004
Property Type Retail, Hospitality
Sub Type Bar, Winery (+1)
Square Footage 24,000
Acreage 11.000
Investment Type Owner/User

Retail | 24,000 SqFt

Marketing description

GRE Land & Commercial Real Estate, Inc. is pleased to present the opportunity to acquire the real estate and improvements comprising the iconic Fazeli Cellars Winery property, located on the renowned De Portola Wine Trail in Temecula Valley Wine Country.

This offering includes approximately eleven (11) gross acres improved with a premier, fully entitled winery, hospitality, and event facility, featuring over 24,000 square feet of enclosed improvements and approximately 15,500 square feet of covered patios, along with vineyard plantings, expansive event spaces, commercial kitchens, tasting room, banquet hall, and supporting infrastructure.

The offering price reflects the real estate only.

The operating winery business, including but not limited to FF&E, wine inventory, branding, goodwill, and ABC liquor licenses, is not included in the purchase price but may be available for separate negotiation with a related entity

The following items are expressly excluded from the offering price but may be available for separate negotiation with a related entity, subject to applicable approvals:
Furniture, Fixtures & Equipment (FF&E)
Wine inventory
Winery operations and business goodwill
Trade name, branding, and intellectual property
Customer lists, wine clubs, and memberships
ABC Type 02 (Winery) and Type 47 (Full Liquor) licenses
No representation is made that any business assets or licenses will be transferred with the real estate. Any such transfer would be subject to separate agreement and regulatory approval

History & Design Context:
The property was developed by visionary owner Bizhan (BJ) Fazeli as a culturally inspired winery and hospitality destination integrating Persian architectural influences with California wine country aesthetics. All references to the Fazeli Cellars name, history, awards, and recognition are for descriptive and marketing context only. No representation is made that the trade name, brand, or business operations are included in the offering.

Upside & Alternative Use Potential: The property offers significant flexibility and upside for future ownership, including:
Continued operation as a winery or tasting venue under new ownership and management
Event-driven revenue through weddings, public concerts, and private functions
Lease to third-party winery, event or hospitality operators
Corporate retreat, private club, or brand experience destination
Cultural, lifestyle, or legacy estate for private ownership
Potential structured investment strategies
The fully entitled nature of the property and scale of improvements provide a strong foundation for multiple operational and investment strategies.

Facilities & Entitlements:
The property features a comprehensive and highly flexible layout designed to accommodate multiple simultaneous activities:
Wine tasting room with bar and retail space
Restaurant and bistro-style dining areas
Large banquet hall with stage, bar, and seating
Multiple commercial kitchens designed for high-volume catering
Private dining rooms, meeting rooms, and lounges
Bride and groom suites and private preparation rooms
Landscaped ceremony and event venues
Multiple covered and open-air patios with vineyard views
Production, storage, and support areas adaptable to alternative uses
The scale and configuration of the improvements allow for exceptional flexibility across hospitality, events, and private or leased operations.

Entitlements:
The property benefits from favorable entitlements granted by Riverside County, including:
Winery and tasting room use
Special occasion and banquet hall use
Approved hours for special events (10:00 AM – 10:00 PM)
Up to 104 special occasion events per year
Up to 200 guests per special occasion event • Unlimited wine club or private events (subject to use)
These entitlements materially enhance the property’s value and reduce regulatory risk for future owners.

The City of Temecula is currently home to over 110,000 residents and along with the surrounding cities of Murrieta, Wildomar, Lake Elsinore and Menifee total approximately 550,000 in population. The City ranks in the top 13% Sales Tax Per Capita in all of California and is ranked the 8th Safest City in California. Temecula’s median household income rose in 2022 to $144,000 a 5% increases year over year. Tourism spending in Temecula Valley also grew in 2022 by 46% to almost $1 billion dollars and the annual visitors also rose 28% to $3.2 million. Temecula’s popular Wine Country has been named by USA Today and Wine Enthusiast as one of their Top Best Wine Regions.

Temecula Valley is a wine-plus spirited destination inspired by the vine with several distinct pillars: Southern California Wine Country, outdoor recreation and entertainment, small-town atmosphere, an evolving culinary scene, and its community of Makers. The destination is made up of curious mavericks, a behind-the-scenes tour reveals the source of their contagious energy. Visitors are intrigued by these accomplished and passionate people. It’s how they work together in the fields, tanks, and kitchens that are setting them apart.

It doesn’t take long for visitors to unwind and relax. The genuine welcome that is felt is endearing to travelers when they discover this unexpected gem and it always leaves them with a hope to return. Three to five days gives enough time to fill up on discoveries.



Investment highlights

  • The property is ideally suited for a wide range of buyer profiles, including:
  • High-net-worth owner-users
  • Investors seeking a destination hospitality asset
  • Event venue or winery operators
  • Family offices seeking legacy or lifestyle real estate
  • Third-party operators under lease or management agreements
  • One of the most architecturally distinctive winery and hospitality facilities in Southern California
  • Striking modern Moorish and California contemporary design
  • Prominent location on the De Portola Wine Trail
  • Purpose-built event, tasting, and hospitality infrastructure
  • Large-scale commercial kitchens suitable for catering and events
  • Multiple indoor and outdoor venues allowing concurrent uses
  • Vineyard acreage enhancing aesthetics and long-term land value
  • Fully entitled operations significantly reducing development risk
  • Strong replacement-cost and barrier-to-entry characteristics
  • Temecula Valley is one of Southern California’s premier lifestyle and tourism destinations, benefiting from:
  • Strong regional population growth
  • Proximity to Los Angeles, Orange County, and San Diego
  • High household incomes and tourism spending
  • Established wine country branding and visitation
  • Access via Interstate 15 and regional arterials

Listing Contacts

TD
02065749
GRE Commercial Real Estate, Inc
Listed by GRE Commercial Real Estate, Inc

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