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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

21 Old Belfair Hwy Belfair, WA 98528

3,112 SF 0.57 ac lot Built 1929
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US90-0732276
Property summary
AI-generated overview

This exceptional business opportunity presents the acquisition of Mosquito Fleet Winery, located at 21 NE Old Belfair Hwy, Belfair, WA. Priced at $1,800,000, this established winery boasts a significant inventory of over 50,000 bottles of wine, holding a retail value exceeding $2,400,000. The current high demand surpasses the current supply, ensuring a strong foundation for continued success. The inventory includes multiple vintages of world-class wines, many of which have received 90+ ratings from renowned critics such as Robert Parker. This represents an estimated 2-3 years of readily available inventory for immediate sale. The current winemaker/owner is committed to a transitional period, providing valuable expertise and support to the new owner. This ensures a smooth handover and maintains the winery's established reputation and high standards. This turnkey operation offers a unique chance to acquire a thriving business with a proven track record and significant potential for growth within the established wine industry. The opportunity is ideal for a passionate wine enthusiast seeking to capitalize on an existing, successful enterprise. The property itself is not included in the sale

Property profile
Verified
Property type Retail properties & Spaces
Use group NURSERY, GREENHOUSE, FLORIST
Year built 1929
Construction FRAME
Total area 3,112 SF
Lot 0.57 ac (24,829 SF)
APN 12329-42-00010
UPID US90-0732276
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mosquito Fleet Winery Brewery & Distillery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Midwest Solutions LLC · 7 yrs held
Midwest Solutions LLC
since 2018
7 recorded transactions
2021
Price N/A
2018
Price N/A
2010
$212,000
2006
$170,000
2005
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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