868 Estate Vineyards

14001 Harpers Ferry Rd Purcellville, VA 20132

Purcellville
FOR SALE
Property Type:
Other Hospitality
Amount:
$8,900,000
Last Verified:
Jul 23, 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 ideally located in rural Northern Virginia boasting wide open spaces, and mountain views, as well as having access to one of the most prominent towns in Northern, VA. Purcellville, Virginia, is one of the fastest growing towns in the region offering an exquisite retreat to visitors from the Washington, DC area that is less than an hour drive. With its 5 craft breweries, 50+ eateries, mountain activities, and more, the small town swells in size during the day with tourists.

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!

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 ideally located in rural Northern Virginia boasting wide open spaces, and mountain views, as well as having access to one of the most prominent towns in Northern, VA. Purcellville, Virginia, is one of the fastest growing towns in the region offering an exquisite retreat to visitors from the Washington, DC area that is less than an hour drive. With its 5 craft breweries, 50+ eateries, mountain activities, and more, the small town swells in size during the day with tourists.

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:

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.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.