21113 16 AVENUE

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$7,888,800
21113 16 AVENUE
Langley, British Columbia V2Z1K3
MLS® Number: R3085241
4Beds
4Baths
4,523Sq Ft
15Parking
1979Year Built
Single FamilyType

About This Property

Festina Lente Winery is a PROFITABLE, TURNKEY MEAD WINERY & EVENTS BUSINESS located in highly sought-after CAMPBELL VALLEY agri-tourism corridor. Est. in 2016, this specialty honey-wine producer operates in a resilient niche w/ ~84% GROSS MARGINS ON WINE & reduced exposure to grape shortages, climate volatility & traditional market saturation. Revenue diversified across HIGH-MARGIN WINE SALES, weddings, private & corporate events, tastings & ancillary income - creating a stable risk-mitigated cash flow profile. Operation is fully staffed w/ proven systems, disciplined growth & strong brand recognition. Situated on RECTANGULAR~5 ACRES w/ZONING FLEXIBILITY, parking & NOT IN A FLOOD PLAIN. NO EASEMENT or RIGHT OF WAYS. Property includes 4 BED/4 BATH ~4,500 SQ FT home with large living spaces, master w/ensuite & attached tasting room/reception desk. This offering presents a rare LIVE-IN BUSINESS OPPORTUNITY with significant scalability & low capital intensity. Detailed financials available upon NDA. (id:64973)

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Property Details

Bedrooms4
Bathrooms4
Living Area4,523 sq ft
Lot Size207781 (207,781 square feet)
Year Built1979
Property TypeSingle Family
Parking15
HeatingNatural gas
AppliancesWasher, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Garage door opener
Annual Taxes$1,746
CityLangley
Postal CodeV2Z1K3
MLS® #R3085241

Location

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