Brochure - Macdonald Commercial

Court Ordered Sale
Lotusland Vineyards
Abbotsford, BC
Mike Riesterer
Tracy Dai
604.315.2984
604.714.5522
[email protected]
[email protected]
Macdonald Commercial Real Estate Services Ltd.
1827 West 5th Avenue, Vancouver, BC V6J 1P5
T 604.736.5611 | F 604.736.7976
www.macdonaldcommercial.com
Although this information has been received from
sources deemed reliable, we assume no responsibility for its accuracy, and without offering advice, make
this submission subject to prior sale or lease, change
in price or terms and withdrawal without notice.
EXECUTIVE SUMMARY
Lotusland Vineyards, Abbotsford, BC
The Opportunity
Location
Lotusland Vineyards is a 10 acre vineyard
property with a good retail location and
winery expansion potential. It was previously
the site of Lotusland Organic Winery and
Vineyards.
Lotusland Vineyards is situated at 28450 King Road in the
City of Abbotsford. King Road is the continuation of 16th
Avenue, which extends from the White Rock/Surrey border,
through Langley to Abbotsford.
The property is located on a major east-west
traffic corridor that extends from White Rock
to the City of Abbotsford, and is the major
winery corridor for the Fraser Valley.
From Vancouver you can travel the country roads east on
16th Avenue which turns into King Road, or take Highway 1
east, Route 13 south, then 16th Avenue east. From Abbotsford
and east, take Fraser Highway west, Bradner Road south,
and King Road west.
The front of the property is level with King
Road but slopes immediately to the south,
providing ideal sun exposure for the vineyard
and a pleasant view overlooking the valley.
The property is ideally suited for developing
a winery tasting room and bistro to take
advantage of the view, and the sloping hillside
would be ideal for construction of a barrel
cave for storage and as a tourist attraction.
The listing price is for the land and
improvements only. Offer for other assets
of the previous winery operation, such
as trademarks and goodwill, will also be
considered.
16th Avenue is the “Winery Corridor” of the Fraser Valley, and
in addition to Lotusland Vineyards, other wineries clustered
around the Winery Corridor include: Township 7, Domaine
de Chaberton, Blackwood Lane, Vista de Oro, and Backyard
Vineyards.
Improvements
In addition to the owner’s residence, the property is
developed with a small building that is used for a tasting
room and retail sales, and a wine production and storage
facility of approximately 4,000 SF.
The owner’s residence is an older rancher/bungalow of
approximately 2,160 plus a full basement.
SERVICES & PROPERTY SUMMARY
Lotusland Vineyards, Abbotsford, BC
Property Services
Asking Price
Services to the property consist of hydro, natural gas,
cablevision, and paved road access.
$995,000
Property Summary
Address:
28450 King Road, Abbotsford B.C.
Legal Description:
Parcel “1” (Explanatory Plan 45958) of
Lot “B” Section 9, Township 13, New
Westminster District, Plan 15689
Parcel Identifier:
001-054-601
Property Size:
10 Acres (approx.)
Dimensions:
548 feet frontage X 789 feet in depth
Zoning
Agriculture-1 (A-1)
The A-1 Agriculture/Rural Residential
zoning bylaw permits a wide range of uses
including primary and accessory residences,
employee housing, agri-tourism, and farm
retail. A complete list can be found in the
attached A-1 Zoning Bylaw.
Taxes (2014)
$4,363.17
Registered Owner
AVERY ENTERPRISES LTD. (INC. NO.
197397), as to an undivided 99/100
interest; and DAVID GLENN AVERY, as to
an undivided 1/100 interest
The property is the subject of a Court Ordered Sale.