253 Laneda Ave Manzanita, OR 97130
- Investment properties
- 3,466 SF
- 0.11 lot acres
Current Use by Public Records
- The Winery at Manzanita / Wine Bar / Wine Store
Property Details for 253 Laneda Ave
- Year built
- 2015
- Lot size
- 0.11 lot acres
- Property size
- 3,466 SF
- Zone code
- C-1
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 3N1029-BD-16901
- APU
- 3N1029BD16901
Description
Exceptional opportunity to acquire The Winery at Manzanita, a thriving and well-established business located on Manzanita's prime commercial strip. This 3,466 sq ft. facility, built in 2016, boasts a fully operational winery, tasting room, and event space with a capacity for 122 patrons. The property includes a 1,350 sq ft. courtyard with automated awnings and fire pits, and a 900 sq ft. roof deck offering stunning ocean and territorial views. Modern amenities include dual 200-amp electrical panels, an on-demand gas hot water heater, and efficient heating throughout. A 468 sq ft. covered crush pad provides ample exterior workspace and storage. The building features two main-level bathrooms (one ADA compliant), an upper-level bathroom with shower, a private office/bedroom on the second floor, and substantial attic storage. The winery produced over 3,700 cases of wine in 2022. This ADA-compliant property is a turnkey operation ready for immediate success in a highly desirable location, recognized by Architectural Digest as one of America's most beautiful small towns. The 0.11-acre lot offers a unique blend of charm, reputation, and proven profitability. This is a rare chance to own a piece of Manzanita's vibrant commercial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $780,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $930,000
- 6.5%
- $870,000
- 7%
- $860,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $900,000
- Geo Method
- $890,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $805,000
- Retail
- $750,000
- Mixed-Use
- $835,000
- Hospitality
- $950,000
- Educational
- $745,000
- Residential Income
- $825,000
- Energy
- $925,000
- Income-Based Land
- $705,000
- Food Service
- $910,000
Location Insight
- Map
- Local Demand
- City
- Manzanita
- County
- Tillamook
- State
- Oregon
- Longitude
- -123.936
- Latitude
- 45.7187