New lowered price, $11 million in your favor! The price of $29,000,000 now includes $12 million worth of wine inventory at cost! The Williamsburg Winery (TWW) ca. 1985 and never before offered, is an iconic, unique, & profitable winery & diversified hospitality business with strong branding located in a vibrant well-known destination----less than 3 mi. from Colonial Williamsburg and less than a 1-day drive for 30 million people. The extensive facilities on 342 acres (plus 74 ac. in a perpetual lease) include 52 acres under vine with well-selected varietals, a winery with up to 60,000 case capacity, multiple indoor/outdoor tasting venues, multiple event spaces, 2 on-site restaurants, and a boutique, European-inspired country inn/hotel with 28 rooms and suites. TWW boasts a world-class winemaker producing a superior and award-winning wine portfolio. Well over 100,000 annual visitors are invited to wine, dine, and stay? at TWW all while engaging in the casual enjoyment of wine? in Williamsburg style. There is an experienced and talented management team in place, and all business assets are included in the sale except wine inventory. TWW represents a unique and exciting opportunity to acquire a strongly branded, well-known, and profitable integrated hospitality business that just awaits your vision, energy, and commitment to continued growth and excellence! Please see the virtual tour for more info.
Purchase Type: Sale
MLS ID: VAJC100168
Days On Market: 196
Year Build: 1990
Lot size: 342
Rawls ByrdElementary School
Property Type: Commercial Sale
Property Subtype: Special Purpose
New Construction: No
Swimming Pool: No
Has Waterfront: No
School District: Williamsburg-james City Public Schools
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Courtesy of: Virginia Estates, Inc. Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 2nd December, 2021 6:09 PM
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