What is a wedding venue?

A wedding venue is typically a large building, or sometimes an open-air site, that is available for weddings and wedding receptions. These venues are typically all in one solution for your wedding with a large ballroom or banquet hall. Often the entire property is yours to use for your wedding. Weddings continue in popularity around the world and there is a growing market for venues that can provide you with a complete service from ceremony to dinner to dancing all under one roof.

What is the difference between a wedding venue and a banquet hall?

A banquet hall is typically a large space for holding catered events, like weddings or conventions. A wedding venue on the other hand, is not just a big room capable of seating lots of people. Wedding venues are typically complete packages with all the amenities you need for a wedding. Wedding venues also specialize in just weddings so they have the expertise to provide everything a wedding needs. What should be considered when purchasing a wedding venue? Location: Ensure that there is proper demand for the area and that the actual location is accessible during as much time of the year as possible. Capacity: Be sure that your venue will accommodate the number of guests you plan to be able to handle. Amenities: Ensure that the venue has all the amenities you are looking for. This includes space for a dance floor, proper commercial kitchen, grounds for outdoor portions of the wedding, and accommodations for the bridal party. Facilities: Carefully consider what types of event can be hosted at your proposed location. Focusing on just weddings is a specific business decision, but having flexibility in your facilities may allow for additional revenue during less popular times of the year.

What other considerations are there when purchasing a wedding venue?

Insurance, taxes, and cost of utilities are other factors to keep in mind as wedding venues work year-round and should accommodate all kinds of weather and timing of events. Many people who are interested in purchasing a wedding venue have already run other types of businesses like a restaurant or catering service. This may be particularly helpful when considering buying a wedding venue since you already understand what it takes to run a business in that service industry. Reach out to a local broker to get a better understanding of the market for wedding venues in your area.

What types of wedding venues can you purchase?

There are several types of properties that can be wedding venues that you could buy, including: - Country Club - Castle or Manor House - Small exclusive Hotel with ballroom and restaurant facilities - Boutique hotel with wedding facilities - Private Mansion House - Exclusive vacation resort or retreat - Historic site - Anything in between Typically, zoning regulations and capacity limits may limit the number of people on property, so make sure to check with your local broker to get more information.

Wedding Venues For Sale | LoopNet Canada

More details for 10660 SW Youngberg Hill Rd, McMinnville, OR - Hospitality for Sale

Youngberg Hill Winery & Inn - 10660 SW Youngberg Hill Rd

McMinnville, OR 97128

Wedding Venue
Hospitality for Sale
$6,799,914 CAD
9,450 SF

McMinnville Hospitality for Sale - Yamhill County

Youngberg Hill – Inn, Tasting Room, Event Center and Vineyard Premiere Hospitality Property Offering Exceptional Wines, Modern Event Center, Luxury Lodging & Breathtaking Views OVERVIEW Located within the McMinnville AVA, which is experiencing the fastest-growth in the Willamette Valley, this 49.6 acre property features panoramic views of the Cascades and the Willamette Valley while being conveniently located 15 minutes from downtown McMinnville. Roughly one hour from Portland, many of the event rental clients and vendors are drawn from the metro area. With nine luxury suites, the property offers a truly rare all-in-one destination for visitors to immerse themselves in Oregon wine county. The property features 19,556 sq. ft. of structural improvements: -9,450 sq. ft. nine suite inn and tasting room, built in 1989 and extensively renovated from 2013-2015. -3,869 sq. ft. event center, built in 2016 and features a large open space with glass roll up doors leading to ˜2,500 sq. ft. of patio space, catering kitchen, wine barrel storage and a bar. -800 sq. ft. dedicated restroom building for events, with 4 single bathrooms and a storage room with garage door. -2,370 sq. ft. manufactured home w/ 871 sq ft. attached garage, 4 bed, 3 bath, built in 2007. -2,196 sq ft. 36’x61’ barn for equipment storage. -Ample guest parking with a large overflow gravel parking lot to the NE of the event center. This property includes secured water rights, which are increasingly rare in the Willamette Valley as Oregon has stopped approving most new applications. Having water rights ensures reliable access for vineyard, frost protection, and hospitality, Secured water rights significantly increase the long-term value.making Youngberg Hill stand out in a market where water availability is tightly restricted. They are a rare, appreciating asset that strengthens the property’s market position. THE INN & TASTING ROOM With an average room rate of $335 per night and strong occupancy, the inn reflects a charming yet sophisticated Cape Cod aesthetic. It is in excellent condition having been renovated in the last 10 years. A wrap-around porch on the first floor provides breathtaking Cascade mountain views to the east plus territorial valley views overlooking the vineyard to the south, and a second floor balcony available to two of the guest suites. The main floor features the spacious tasting room, a private room used for seated tastings, the innkeeper’s office, a large open great room with fireplace for guests, two dining rooms, a single restroom and one guest room (the Gamay Suite). The second floor is accessible via two separate stairwells and features six guest suites. The lower level includes a wine cellar, gathering room with barrel-lined walls for guests to enjoy television or other activities. All of the guest rooms are well appointed suites with private bathrooms. Five of the nine room include additional seating areas as well as jetted bathtubs and king size beds. The three additional guest rooms are appointed with queen size beds. All of the suites are improved with gas or electric fireplaces. EVENT CENTER The event center is the perfect venue for weddings, corporate events, wine industry functions and more. It was built in 2016 and totals 3,869 sq. ft. with board and baton siding and a metal clad copper colored roof. The building includes a large free span open area for guests anchored by a large gas fireplace with mantle and surround. This is an open-air facility, with large roll-up glass doors to provide an indoor / outdoor experience in the summer months. The event center has an exterior bathroom building features 4 single baths and an attached storage room with a roll up garage door. The back-of-house includes a catering kitchen, wine barrel / general storage room, ice machine, keg / back bar area + a loading dock on the north side of the building. As one of Oregon wine country’s premier event destinations with modern amenities and stunning views, the event center is a key revenue generator for the property. In 2019 42 events were held onsite, representing the inherent demand the site commands for event rentals. 60 events were booked int 2020 before Covid restrictions forced cancellations, the event center has remained under utilized since. With its proven track record the next owner can hit the ground running and quickly book out the events calendar. The building enables ownership to hold events throughout the year, rather than being limited to the summer months. VINEYARD 23 acres are planted to vineyard with ˜17.5 additional acres suited to vineyard development. 11.5 acres of the vineyard are on grafted rootstock (6.5 acres of Pinot Noir, 2.5 of Chardonnay and 2.5 of Pinot Gris) with the remaining 11.5 consisting of two blocks of own-rooted Pinot Noir. The vineyard blocks have a south / southeast aspect and range in elevation from 550’-740’. The soils are deep and well drained from the Steiwer and Willakenzie Series. The site is a cool climate winemaker’s dream offering strong marine influence from the coast and cool nights to maintain acid levels while ensuring steady ripening with an exposed south and southeast aspect. The elevations are ideal at 550’-740’. Youngberg Hill wines are produced by Robert Brittan. Dozens of estate wines have scored 90+, proving the quality of the terrior. THE OPPORTUNITY With close proximity to McMinnville and it’s dynamic downtown, Youngberg Hill offers the chance to expand on a beautifully built and maintained hospitality property. Opportunities include: -Growing the existing wine label, launching a new brand or establishing a flagship DTC location for an existing winery. -Build a winery onsite. -Expand the vineyard. -Market and increase event bookings. -Replace mobile home with a custom home. Youngberg Hill is a proven destination property offering the next owner the opportunity to continue the legacy, establish a home for an existing brand or launch a new venture within the dynamic Oregon wine community.

Contact:

Premiere Property Group

Property Subtype:

Hotel

Date on Market:

2025-12-30

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