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21113 16 Avenue
Campbell Valley Langley V2Z 1K3

$5,800,000
Agri-Business, Business with Property

Main Photo: 21113 16 Avenue in Langley: Campbell Valley Agri-Business for sale : MLS®# C8033266
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Status:
Active
Prop. Type:
Agri-Business, Business with Property
MLS® Num:
C8033266
Bus Major:
Agriculture
Bus Minor:
Vineyard
Build. Type:
Freestanding
Festina Lente was established in 2016, with a specialty in producing dry, food friendly, premium honey wines. Located on a 4.77 Acre parcel in Campbell Valley, reflecting environmentally forward wines utilizing the unique location and micro-climate of the farm. Complete with a fully functioning orchard and on-site apiary - from bee to bottle, wines are produced and enjoyed by discriminating grape wine consumers. This is YOUR opportunity to get into a CRAFT liquor industry that is just beginning to enjoy a surge in popularity and has exponential potential for growth. With fewer than 500 MEADERIES in North America, the competition is few and far between vs 8391 wineries at last count. BEE at the forefront of a burgeoning industry. Ideas for an addition to the space and production capacity to fulfill the increasing demands of the Asian market, specialty liquor stores and restaurants.
Sale Type:
Asset
Property Type:
Agri-Business, Business with Property
Business Name:
FESTINA LENTE
Major Bus Type:
Agriculture
Minor Bus Type:
Vineyard
Bus Op Since:
2016
Construction:
Wood Frame
Building Type:
Freestanding, Residential Mix, Quasi Retail
Year built:
1979 (Age: 41)
Main Floor Area:
4,543 sq. ft.
Land Use/Zoning:
RU-1
Taxes:
$1,557.25 / 2019
Alarm System, Visitor Parking, Fenced Yard
Services Connected:
Electricity, Natural Gas, Septic System, Well
Water Supply:
Drilled Well
HVAC:
Baseboard, Hot Water, Radiant
Env Assmt Phase:
Not Applicable
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
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Listed by Sotheby's International Realty Canada
Data was last updated October 23, 2020 at 04:00 AM (UTC)
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