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1020 Penman Springs Rd - Paso Robles Bonded Winery, Commercial Kitchen 12,100 SF Specialty Building Offered at $5,433,699 CAD at a 15.19% Cap Rate in Paso Robles, CA 93446

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INVESTMENT HIGHLIGHTS

  • Bonded winery
  • Winery Equipment sold separate
  • Commercial Kitchen
  • Minor Use Permit allows for events such as weddings, receptions, and private parties

EXECUTIVE SUMMARY

FOR SALE $3.95mm
SELLER FINANCING AVAILABLE
Can carry $2.5mm (possibly more) at 6% interest only. Balloon due in 5 years. Call brokers for more details.
1020 & 1340 Penman Springs Rd. Bonded Winery w/ Commercial Kitchen & Event Venue (APN:015-053-038) --- For Sale $3.95mm
A premium 25.48-acre vineyard estate featuring a fully bonded winery, event venue, commercial kitchen allowing for weddings, receptions, parties, and endless expansion opportunities.
Winery & Event Venue: Bonded winery (buyer responsible for license updates).
Minor Use Permit allows for events such as weddings, receptions, and private parties.
All properties have a Private Gate Entrance

Permitted Four (4) Private Events which produce +/- $175,000/year
Value-Add Opportunities:
- Get approval for more than four (4) Private Events annually (neighbor is approved for up to 365 days out of the year). Could increase income by +/- $250,000/year +
- Activate Winery again in approximately 90 days, which includes tasting room, memberships, restaurant, catering, etc. Income of +/- $1,800,000/year +
- Approved Case Production of 20,000/year
Value-Add Projected Income = $2,000,000/year +
It is located along the prestigious Union Road Wine Trail in Paso Robles, and just 10 minutes from downtown Paso Robles. This fully bonded winery is a turn-key offering, featuring a complete winemaking facility, multiple structures, and a recently remodeled tasting room designed to provide an inviting and elevated guest experience. (Winemaking equipment sold separately.)
This portfolio offers a rare blend of immediate income generation, agricultural and winery opportunities, and future development potential. With water rights, rental revenue, vineyard expansion capabilities, and proximity to major developments, these properties present an extraordinary opportunity in the Paso Robles wine region.
We look forward to your call and invite you to schedule a showing of this amazing property.
*SELLER COULD POTENTIALLY STAY ON AS A PARTNER, DEVELOPER, etc.
CALL OR EMAIL FOR FURTHER DETAILS.

PROPERTY FACTS

Price $5,433,699 CAD
Price Per SF $449.07 CAD
Sale Type Investment or Owner User
Cap Rate 15.19%
Property Type Specialty
Property Subtype
Winery/Vineyard
  • General Retail Restaurant
  • General Retail Storefront
  • Industrial Food Processing
Building Class C
Lot Size 25.48 AC
Building Size 12,100 SF
No. Stories 1
Year Built 1947
Zoning AG - Agricultural Zoning (AG)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
015-053-038
Land Assessment
$745,821 CAD
Improvements Assessment
$1,747,322 CAD
Total Assessment
$2,493,142 CAD
  • Listing ID: 35704818

  • Date on Market: 2025-05-01

  • Last Updated:

  • Address: 1020 Penman Springs Rd, Paso Robles, CA 93446

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