328 Ingalls St Santa Cruz, CA 95060
- Commercial real estate
Current Use by Public Records
- Peacemonger.org / E-Commerce Service
- Patrick Powers Designs / Architect
- Madson Wines / Wine Cellar / Wine Club
- L'Appetito / Pizza Restaurant
- American Conservation / Conservation Department
Property Details for 328 Ingalls St
- Property type
- Commercial real estate
Description
This exceptional, award-winning winery in Westside Santa Cruz offers a lucrative investment opportunity. Boasting a 12.92% cap rate and a $3,995,000 asking price, this turn-key operation includes a premium tasting room, production facility, and experienced winemaking staff. The business model is asset-light, focusing on sourcing high-quality grapes and cultivating strong customer relationships. Over 1,500 active wine club members provide a compelling and steady revenue stream. The winery produces multiple award-winning wines, consistently scoring 90-98 points and earning double gold and gold medals. Its reputation is further solidified by its ranking as a top winery in the San Francisco South Bay (Yelp 2022). The included inventory consists of one wine brand label and a year's worth of product, with additional labels and inventory available separately. The tasting room's prime location attracts a diverse clientele, from locals and regional day-trippers to tourists from around the world. Seller financing is available with half down, contingent upon deal structure. This presents a unique chance to acquire a thriving business with significant growth potential in a desirable location. The business has a fun and effective culture, contributing to a highly positive customer experience. Additional bulk wine vintages are currently aging in barrels. The asking price includes one wine brand label and one year's worth of inventory
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Santa Cruz
- County
- Santa Cruz
- State
- California
- Longitude
- -122.047
- Latitude
- 36.9587
