Dream a Winery Dream! Income Earning Property for Sale on Oregon's busy Highway 18!
Located in Oregon's Wine Country this property has 3 quintessential factors in the success of a business: 1) location; 2) location; and 3) location. It is situated on Highway 18, Oregon's busiest two-lane highway, midway between Portland and the Oregon coast. Over 14,000 cars drive by this highly visible property everyday-a great way to advertise! This property is located between Oregon's number one tourist attraction, Spirit Mountain Casino, and the Spruce Goose at the acclaimed Evergreen Aviation & Space Museum.
The acreage for sale includes 2.66 acres in four parcels and 2 wells. 1.93 acres are zoned agricultural, and the remaining .73 acre is zoned commercial. The parcels were developed as a unit in the 1970's to create an ideal destination featuring art, wine and food. This property is a business owners dream. Step into owning an exquisite property with an established income base. One of the two buildings on this property is leased to 3 successful businesses; Lawrence Gallery, The Fresh Palate Café and the Lawrence Gallery Wine Shop. The additional one level building on the property is currently used as an art studio and workshop. What an ideal setting to relax with a glass of wine while walking through Lawrence Gallery or have a spectacular dinner at The Fresh Palate Café that over looks the breathtaking artwork.
The possibilities to develop this property are endless. The location would be ideal for a winery that could also double as an event center. Demand for a space large enough to host events increases dramatically every year. Virginia Murphy, owner of the Fresh Palate Café, has a thriving catering business that would provide both the food and the clientele. From current catering demands an event space on this property would produce approximately $250,000 in rental income per year.
