For Sale
$1,495,000

10845 Brateng RdMonmouth, OR 97361

Oregon Winery & Vineyard - $1.495M

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 31+ acre Oregon vineyard, located at 10845 Brateng Rd, Monmouth, OR 97361 (APN 474993), presents a unique investment opportunity. The property features a 16,411 square foot, two-story winery and vineyard building constructed in 1991, currently operating with a modified multi-tenant lease (50% occupancy, 2 years remaining). The asking price is $1,495,000, representing a 4.00% cap rate based on current income of $65,000 annually (from vineyard operations only; potential rental income from the home is not included). The property boasts award-winning Pinot Blanc, Pinot Gris, and Pinot Noir grapes, along with additional fruit orchards and blueberries. Energy-efficient features include 6" walls, thermal windows and doors, and solar panels. Outbuildings include an equipment barn stocked with two tractors and attachments, and a shop with a built-in apartment. The property also includes a private timber forest, two ponds, and is ADA accessible. The lot size is 2,284,185 square feet, with .12 parking spaces per 1,000 square feet. The permitted zoning is EFU. The property enjoys stunning 360-degree views of the Cascade and Coastal Range mountains. This is a rare chance to acquire a thriving Willamette Valley vineyard with significant potential for growth.

Highlights

  • $1,495,000 asking price for this Monmouth, OR retail winery/vineyard.
  • Modified lease, multi-tenant, with two years remaining.
  • 16,411 square feet, 4.00% cap rate, and 50% occupancy.
  • Built in 1991, two-story building on a 2,284,185 square foot lot, with EFU zoning.
  • Features vaulted ceilings, energy-efficient design (6" walls, thermal windows/doors, solar panels), and ADA accessibility.
  • Includes 31 acres of award-winning Pinot Blanc, Pinot Gris, and Pinot Noir grapes, an equipment barn with two tractors and attachments, and a private timber forest.

Property Details for 10845 Brateng Rd

Property type
Retail properties, Vineyards
Square Feet
16,411 SF
Year Built
1991
Stories
2

Location Insight

City
Monmouth
County
Polk
State
Oregon
Latitude
44.8082007
Longitude
-123.2571843
10845 Brateng Rd, Monmouth, Oregon

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10845 Brateng Rd
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