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3387 TOLMIE Road
Sumas Prairie Abbotsford V3G 2T9

$9,500,000
Agri-Business, Business with Property

Main Photo: 3387 TOLMIE Road in Abbotsford: Sumas Prairie Agri-Business for sale : MLS®# C8054124
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Status:
Active
Prop. Type:
Agri-Business, Business with Property
MLS® Num:
C8054124
Bus Major:
Food & Beverage
Bus Minor:
FB - Restaurant
Build. Type:
Freestanding
This unique and special 20 acre fruit farm houses an estate winery, craft distillery, tasting room, event venue, cocktail lounge/restaurant, and a small wholesale greenhouse operation. The property does a tremendous amount of wedding business in its event venue, able to host unlimited weddings. The event space has a capacity of 140 guests. The property has both a manufacturing and lounge liquor licenses. The property also has 10 acres of mature blueberries and 2 acres of wine grapes include Pinot Gris, Ortega, Riesling, Gewurtztraminer and Bacchus. The property has two residences: a newly renovated 5 bedroom 3 bathroom home with professional grade appliances and an 1637 square foot secondary dwelling inspected in 2018. We respectfully ask that you do not solicit or approach and discuss sale with staff. The property is a fully operational business.
Sale Type:
Asset or Share
Business Name:
RIPPLES ESTATE WINERY
Major Bus Type:
Food & Beverage
Minor Bus Type:
FB - Restaurant
Bus Op Since:
1981
Construction:
Mixed
Building Type:
Freestanding, Live/Work
Name of Complex/Subdivision:
# Bldgs:
11
# Other Units:
Year built:
1995 (Age: 29)
Total Floor Area:
37,000 sq. ft.
Main Floor Area:
3,111 sq. ft.
Lot Area:
20 acre(s)
Acres Freehold:
20 acre(s)
Land Use/Zoning:
A2
Permitted Use:
Agricultural
Taxes:
$6,000.72 / 2023
Balconies, Freezer(s), Visitor Parking, Washrooms Female/Male, Fenced Yard
Services Connected:
Cable, Electricity, Natural Gas, Telephone, Sanitary Sewer
Water Supply:
Municipal
Water Rights:
Yes
HVAC:
In-Floor
Roof:
Sewer Septic:
See Remarks
Potential to Redevelop:
No
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
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Listed by Sotheby's International Realty Canada
Data was last updated March 3, 2024 at 01:10 PM (UTC)
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