31101 Railroad Ave Yacolt, WA 98675

Property Details for 31101 Railroad Ave

Lot size

7.09 lot acres

Property size

9,482 SF

Property type

Bars

Property subtype

Pubs

APN

231787000

Description

This exceptional investment opportunity presents the Moulton Falls Cider House & Winery, a thriving 9,482 square foot retail establishment situated on a 7.09-acre lot in Yacolt, Washington. The property boasts two buildings, all on one story, and includes a tasting room, banquet room, commercial kitchen, and extensive wine/cider production and refrigeration facilities for product storage. Over 2,500 square feet of additional storage buildings are also included. Designed for versatile event hosting, the property features both indoor and outdoor stages and seating areas, easily accommodating large or small gatherings. Ample parking ensures convenient access for all events. The property's diverse event history includes private parties, weddings, graduations, and more. A three-bedroom, two-bathroom residence on the property provides convenient on-site management or owner accommodations. The winery currently processes and bottles specialty cider on-site, with a production capacity of 5,000 units per month. Moulton Falls Cider recipes are highly sought after nationally. The property is zoned R-10 and has a strong financial performance, with a 7.20% cap rate and a net operating income (NOI) of $90,000. The asking price is $1,250,000, translating to $131.83 per square foot. The property is currently 100% occupied, with the lease expiring August 30, 2024. The property underwent renovations in 2017. The APN is 231787000.