First Estate Winery presents a rare opportunity to own 27.428 acres of vineyard estate within the center of the agricultural and tourism core of Peachland and the Regional District of Central Okanagan in British Columbia.
Complete turnkey Winery operation, including manufacturing licenses and equipment. Currently, it is not in full operation to maximize its potential. Planted 12.77 acres of vineyard. There were four varieties of grapes between 2nd and 19th year of growth. Pinot Noir, Gamay, Pinot Gris, and Gewurztraminer.
According to the Grape Atlas, the class suitability for grape growing for this winery is: Grape Site Suitability Class 2 (between 1–5); Class soil group 2 (Soil group 5, 6, 7, 9, moderately well suited)
The primary home is a luxury rancher across approximately 3,854 sq. ft. of living space with 3-bedroom, kitchen, living room, two bathrooms and laundry room on the main floor. full walkout basement with three bedrooms, kitchen, bathroom and its own working wine room. Garage converted into 2-bedroom suite with bathroom, kitchen and living room.
The winery and tasting building are located across the main house and span a total area of approximately 7,255 sq. ft.
The winery building has a production, warehouse, and lab area of approximately 5940 feet. The Wine center, with tasting/launch area and washrooms, is approximately 2460 sf. Additional buildings are a 960-square-foot workshop and a carport.
- Asking Price:
- $5,250,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- Available on request
- Cash Flow:
- Available on request
Property Information
- Real Estate:
-
Real Property Included
- Living Accommodation:
-
The primary home is a luxury rancher across approximately 3,854 sq.ft. of living space with 3-bedroom, kitchen, living room, two bathrooms and laundry room on the main floor. Full walkout basement with three bedrooms, kitchen, bathroom and complete with its own working wine room. Garage converted into 2-bedroom suite with bathroom, kitchen and living room.
- Location:
-
Within the center of the agricultural and tourism core of Peachland and the Regional District of Central Okanagan in British Columbia's Southern Interior. Adjacent districts include West Bank/ West Kelowna, Summerland, and Okanagan Lake, while major arterials and access routes include Highway 97 and Highway 97C.
- Premises Details:
-
Winery Building has a production/warehouse/lab of approximately 5940 sf. The Wine centre with tasting/launch area and washrooms is approximately 2460 sf. Additional buildings are a 960 sf workshop, and a carport.
- Size in square feet:
- 27.43 acres
Business Operation
- Expansion Potential:
-
Some room to expand the vineyard
- Competition / Market:
-
Another winery close by plus other wineries in the region.
- Reasons for selling:
-
other business opportunities taking up time
- Employees:
- 3
- Years established:
- 1978
Other Information
- Support & training:
-
negotiable
- Furniture / Fixtures value:
- $550,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $40,000 (CAD)