2864-2860 Arawana Rd, Naramata + Commercial Bldg.

Naramata, British Columbia

Asking Price: Annual Revenue:
$3,499,000 Not Disclosed

Commercial Real Estate: Industrial, Warehouse

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RE: 2864-2860 Arawana Rd, Naramata + Commercial Bldg. Broker: Steve Harvey

Quick Facts

Asking Price: $3,499,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 745349055
Broker Reference #: Not Disclosed

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Business Overview:

MLS#:10263470, MLS#10263471, MLS#10263529
- 10.2 Acres with 3 Acres of Riesling Vineyard.
- Two Homes on the Property.
- 6,500 sf Commercial Building with the Potential to Rezone to SH3 into 4 parcels.

10.2 Acres with 3 acres of Riesling vineyard, two homes, 6,500 sf commercial building with the potential to rezone to SH3 into 4 parcels, all with extensive views of Lake Okanagan, Naramata, Summerland to Peachland.
Fully fenced and secured with 2 power gates for both homes. Updated 2-bedroom rancher, 2,140 sf (1,020 sf main and 1,020 sf basement), with full smart home standards and a newer roof. Then a 750 sf full smart home with vaulted ceilings, cameras, security, speakers, lighting control, high efficiency furnaces, on demand hot water and new appliances, windows build in 2019.
The third structure is a new 6,500 sf facility, poured on concrete footings and concrete slab on grade, with exterior metal clad. Designed to be compliant with legal medical cultivation, far and beyond industry standards (90% complete). 3 Phase power is on site, partially roughed in, building is currently on single phase. Septic tank is in, requires septic field to be completed. Electrical is complete including exterior lighting. Rough ins complete for cameras, access control on interior and exterior doors. Building value is estimated at $1.5M.
Three additional rooms are roughed in and available for future completion. This warehouse can be built out for its purpose, or permitted under the zoning bylaw, up to 5 VRBO rentals as Agri Tourism, vertical grow farm, brewery, distiller, packing, processing and storage or a winery.

The two homes are at opposite ends of the property, which is nice for privacy, each home gets its own driveway. One of the homes is currently rented out and is income producing. The 3 acres of Pinot Noir grapes producing about 4 tons per acre.

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Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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