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3911 Bayshore Rd

3,500 SF Specialty Building Offered at $4,834,800 CAD at a 9.71% Cap Rate in Cape May, NJ 08204

Investment Highlights

  • It is a profitable business and beautiful property

Executive Summary

The property, all buildings and vineyard are to be sold together.

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income $934,914 $267.12
Vacancy Loss - -
Effective Gross Income $934,914 $267.12
Taxes - -
Operating Expenses - -
Total Expenses $466,962 $133.42
Net Operating Income $467,952 $133.70

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual $934,914
Annual Per SF $267.12
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $934,914
Annual Per SF $267.12
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $466,962
Annual Per SF $133.42
Net Operating Income (CAD)
Annual $467,952
Annual Per SF $133.70

Property Facts

Price $4,834,800 CAD
Price Per SF $1,381 CAD
Sale Type Investment
Cap Rate 9.71%
Sale Conditions
Bulk/Portfolio Sale
  • Business Value Included
Property Type Specialty
Property Subtype Winery/Vineyard
Building Class B
Lot Size 4.73 AC
Building Size 3,500 SF
No. Stories 4
Year Built 1999

About 3911 Bayshore Rd , Cape May, NJ 08204

PRICE REDUCED... A beautiful, favorite winery in South Jersey is looking for its next passionate owner. This is a great opportunity for a passionate wine lover or a larger winery to acquire specially grafted wine varieties unavailable elsewhere in the region. Property: Acreage: 4.78 acres Residence: Single-family home (1944 sq ft, three bedroom, 2.5 bath) Winery Facilities: Fully equipped 1,152 square feet pole barn for production and 828 sq. feet + 336 sq. feet space for bottling, storage, and tasting Business: Established: 1999 Annual Production: 1,100 cases Specialization: Italian grape varietals Grape Varieties: Albariño, Barbera, Cabernet Sauvignon, Merlot, Nebbiolo, Nero d'Avola, Pinot gris, Pinot noir, Riesling, Sangiovese, Sauvignon blanc, and Syrah Signature Wines: Nero d'Avola (one of two wineries in the US producing this varietal) Additional Information: Turnkey operation with a proven track record Award-winning wines Strong potential for growth and expansion Beautiful setting with a loyal customer base and established distribution channels The winery is in two separate buildings for bottling, storage, and tasting. The winery is surrounded by the vineyard, and customers purchase the wine onsite and enjoy it on the patio set in a serene environment. The owner has a farm winery license, which allows them to produce up to 50,000 gallons of wine per year, operate up to 15 off-premises sales rooms, and ship up to 12 cases per year to consumers in-state or out-of-state. A few other wineries produce and serve local wine, but this winery offers several unique Italian grape varieties. Current owners have brought their generational knowledge of wine cultivation to this part of New Jersey. A few other wineries produce and serve local wine, but this winery offers several unique Italian grape varieties. Current owners have brought their generational knowledge of wine cultivation to this part of New Jersey. A few other wineries produce and serve local wine, but this winery offers several unique Italian grape varieties. Current owners have brought their generational knowledge of wine cultivation to this part of New Jersey. A few other wineries produce and serve local wine, but this winery offers several unique Italian grape varieties. Current owners have brought their generational knowledge of wine cultivation to this part of New Jersey.

zoning

Zoning Code Vineyard (Residential)
Vineyard (Residential)
  • Listing ID: 31878764

  • Date on Market: 2024-05-21

  • Last Updated:

  • Address: 3911 Bayshore Rd, Cape May, NJ 08204

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