868 Estate Vineyards

14001 Harpers Ferry Rd Purcellville, VA 20132

Purcellville
FOR SALE
Property Type:
Other Hospitality
Amount:
$8,900,000
Last Verified:
Aug 29, 2024

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Highlights

  • Business and Property for Sale

Description

ONE Street Commercial Properties is pleased to present this rare opportunity to own 868 Estate Vineyard in the prestigious Northern VA wine region.

868 Estate Vineyards is nestled in the scenic countryside of Northern Virginia, offering expansive views of open spaces and nearby mountains. Conveniently situated in Purcellville, one of the region's fastest-growing towns, the vineyard is less than an hour’s drive from Washington, DC. Purcellville is a vibrant destination with over 50 eateries, five craft breweries, and a variety of outdoor activities. This charming town attracts numerous visitors daily, providing an ideal retreat for those seeking both relaxation and adventure

868 Estate Vineyards adds to the regions expansive outdoor space with over 120 acres of rolling Virginia hills. The property currently maintains over 20+ acres under vine, with a potential of 20 more to be planted. This acreage under vine, and the potential expansion, contributes to the following statistics found here:

4,000 Cases / 48,000 Bottles of Wine Annual Production with room to double!
Capability to plant 20 additional acres of vine for a grand total of 42 acres under vine
Governors Cup winner 2020!
25 +/- varieties of wine (this varies year over year)
Full service tasting room and event venue ideal for weddings and musical entertainment!
On site commercial kitchen and 12+ wells provide huge revenue and development value-add potential!

Explore the charming area surrounding 868 Estate Vineyards, located in Purcellville, VA. This quaint town offers a mix of historic and modern attractions, making it a prime destination for investors seeking a unique Special Purpose property. Visitors can immerse themselves in the area's wineries, including the renowned 868 Estate Vineyards, or take in the scenic beauty of the nearby Blue Ridge Mountains. Purcellville also boasts a vibrant culinary scene, with farm-to-table restaurants and local artisanal shops. With its blend of natural beauty and cultural offerings, the area surrounding the property is an ideal location for a wide range of potential investments.

Building Size: 19376sq ft
Lot Size: 120.83 acres

Map of 14001 Harpers Ferry Rd, Purcellville, VA, 20132

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
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  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.