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32599513
32599514

818 SLAGLE CREEK RD, Grants Pass, OR 97527

PH
OR 910600149
Peggy Hoag Group at Hoag Real Estate
Listed by Peggy Hoag Group at Hoag Real Estate
$2,985,000
23 days on market
Updated 22 days ago

Wooldridge Creek Winery

Details
APN 10304971, 10898751, 10304962
Property Type Business for Sale
Sub Type Winery
Square Footage 11,300
NOI $1,178,903
Tenancy Vacant
Year Built 2005
Buildings 7
Stories 2
Acreage 23.320
Zoning EFU
Parking Spaces 75 spaces
Parking Per SqFt 6.64
Investment Type Owner/User
Ground Lease No
Ceiling Height 18
Sale Condition N/A

Business for Sale | 11,300 SqFt

Marketing description

Wooldridge Creek Winery, including Crush Pad Creamery, is situated on 23 acres of land which includes 7 acres of vineyards. This property, offered for sale for the first time in 47 years, is located 16 miles southeast of Grants Pass. It is sited on a gently descending hillside overlooking the beautiful Applegate Valley. The vineyard, established in 1978, is one of the five original post prohibition vineyards of the Rogue Basin. In addition to the turn-key operation of the winery and the creamery, the sale can include a lease on the adjacent 46 acres of vines planted in twelve varietals. Wooldridge Creek is the only combined winery and creamery in the Northwest.

In addition to bulk and keg wines, Wooldridge Creek's case production is currently limited to 5,000 cases per year for the wine club and tasting room. However, the winery has the capacity to produce up to 31,500 cases annually. A hoist and hopper system are in place to allow for the transition from hand to mechanical harvesting, if preferred.

The sale includes five winery and creamery buildings, a log home currently used as a short-term vacation rental and a studio apartment above a three-car garage. The tasting room is open daily from 11 a.m. to 5 p.m. Drop by and experience all that is Wooldridge Creek.

Investment highlights

Vineyard and Winery/Creamery! Receipt of Verification of Ability to Perform on a Purchase is Required Before Showing. NDA to be Signed Before Any Financial Information is Released. Note: The Winery and Tasting Room is 11,300 SF. Plus 2 Vacation Rentals. Current 5000 Cases of Wine Production, Winery Capacity is 31,500 Cases. Large Opportunity for Growth in the Case Production and Events. There are 2 Lovely Vacation Rentals on the Property, The New White Barn Would Repurpose as an Event Center. Varietal List is on RMLS Documents.All Offers Received on Saturday & Sunday will be Processed Monday. Please Write Offer Expiration Accordingly. OREF Forms Only Please.

Listing Contacts

PH
OR 910600149
Peggy Hoag Group at Hoag Real Estate
Listed by Peggy Hoag Group at Hoag Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$1,178,903.00
$98,241.92/mo

Valuation Metrics

0
DSCR
39.49%
Cap Rate
39.49%
ROI

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