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21113 16 Avenue
Campbell Valley Langley V2Z 1K3

$7,200,000
Agri-Business, Business with Property

Main Photo: 21113 16 Avenue in Langley: Campbell Valley Agri-Business for sale : MLS®# C8041066
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Status:
Active
Prop. Type:
Agri-Business, Business with Property
MLS® Num:
C8041066
Build. Type:
Mixed Use
Festina Lente was established in 2016, with a speciality 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 buzzing industry. Covered heated patio, expanded outdoor seating, increased capacity all in 2021. Ideas for an additional to the space and production capacity to fulfill the increasing demands of the Asian market, specialty liquor stores and restaurants.
Sale Type:
Share
Total space avail for lease:
4,543 sq. ft.
Business Name:
FESTINA LENTE
Bus Op Since:
2016
Construction:
Wood Frame
Building Type:
Mixed Use
Name of Complex/Subdivision:
# Other Units:
Year built:
1979 (Age: 43)
Main Floor Area:
4,543 sq. ft.
Office Size:
132 sq. ft.
Retail Size:
448 sq. ft.
Wrhse Size:
1,278 sq. ft.
Lot Area:
4.77 acre(s)
Lot Depth:
627.28
Lot Frontage:
330'8"
Land Use/Zoning:
RU-1
Permitted Use:
Agricultural, Other
Taxes:
$1,143.16 / 2021
Visitor Parking, Fenced Yard
Services Connected:
Cable, Electricity, Garbage Collection, Natural Gas, Telephone, Septic System
Water Supply:
Drilled Well
Water Rights:
Yes
HVAC:
Baseboard, Hot Water, Radiant
Roof:
Sewer Septic:
Septic Tank & Field
Env Assmt Phase:
Not Applicable
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 May 21, 2022 at 04:40 AM (UTC)
RAJ DHALIWAL Personal Real Estate Corporation
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