1320 Independence Road , Outlook, WA 98938(Yakima County)

DESCRIPTION: This bank-owned vineyard and former winery is located in lower Yakima Valley on Independence Road in Outlook, Washington. Yakima Valley is home to more than one hundred wineries and is the source of one-third of Washingtons premium wine production. The Pacific Northwest wine industry has been expanding due to ample water, lower land cost and access to markets. Outlook is situated in Yakima County, which is the second largest agricultural county in the state, producing a wide variety of fruits, as well as 75% of the hops used by U.S. breweries. Wine tourism is active in the county from April through October and is complemented by numerous festivals and multi-cultural activities.

This vineyard and winery were successfully owned and operated as Tefft Cellars until it sold in 2009. The property has 11.94 acres of planted vines, and 15,341 square feet of improvements. The vineyard was planted in the late 80s and early 90s with Pinot Gris, Sauvignon Blanc, Viognier, Chenin Blanc, Marsanne, Sangiovese, Syrah, Nebbiolo and Cabernet Sauvignon varietals, which currently produces 19.93 tons of grapes. About 70% of the vineyard is planted, and the remaining 30% requires replanting. It is estimated that the vineyard could potentially produce 33 to 40 tons of grapes at 100% capacity. The vineyard currently is being professionally managed, and all of the vines are well-maintained and are in good shape.

The property has an excellent irrigation water source through a senior right which permits a base rate of 3 ac-ft. from Sunnyside Valley Irrigation District. There is an on-site well for domestic use, and there is septic for the building.

USDA NRCS indicates the subject soils as Warden silt loams, ranging from 2 15% slopes. There are class 2, 3 and 4 soils suited for irrigation crops.

The property is improved, with two residences, and two winery production facilities. The 2,452 square foot ranch-style main residence is a duplex, and has detached garage and utility building, all built in 1997. It has a duplex or mother-in-law set up with each side having its own entrance. One side has two bedrooms and two bathrooms and a kitchen, and the other side has two bedrooms, one bathroom and a kitchen. The second residence, which previously operated as a Bed and Breakfast, is a 1,451 square foot single-story ranch style home, built in 1980. It can accommodate three guests. Both bedrooms each have their own bathroom, and there is an open kitchen and shared living room area.

The wine tasting room, which is part of the winery complex, is located next to the former Bed and Breakfast, and has a retail area, and solarium which was added in 2004. The tasting room is 720 square feet and was built in 1990, and the solarium is 297 square feet.

The winery complex has a total of 8,709 square feet of buildings which include two production buildings of 3,600 and 1,680 square feet, as well as two storage buildings of 1,408 and 2,021 square feet. The original production building was built in 1994 and has a 16 foot eave height and an 8 X 10 foot overhead door. The main production building was built in 2005 and was used primarily for case goods storage. This building has 16 foot eaves and an 8 X 10 foot overhead door. It is a wood framed building with metal exterior. Attached to this building is the main production storage area, which is a wood framed metal building, built in 2005. It contains 2,021 square feet and also has 16 foot eaves and an 8 X 10 foot overhead door.

The majority of the operating equipment is still in place, and includes Stainless Steel Jacketed Tanks, Crush/DiSteamer, Perra PE-30 S/S five ton Press, 2000 FIMER bottling line with 60 foot bottle feed conveyor, 9 bottle filler, cork turret and MEB labeling machine. Please see the Supplemental Information Package for a complete listing of the equipment, all of which is included in the sale.

The site is improved, with paved and concrete areas between and around the production building. The winery entrance area is paved and is accessed via an easement off of Independence Road, which has signage for the property. There is exterior lighting mounted to several of the buildings.

Please see the Supplemental Information Package for property photos, site plan, vineyard map with plant descriptions, and estimate of cost to complete plantings, detailed improvement description, zoning and Phase I Environmental Assessment.

LOCATION: 1320 Independence Road, Outlook, Yakima County, Washington

APNs: 221008-24403 and 24404

SEALED BIDS DUE NO LATER THAN 5:00 PM, MAY 26, 2016

Published Reserve:

$625,000

Last Asking:

$900,000

Address:

1320 Independence Road , Outlook, Yakima County County, Washington, 98938

Size:

12.41 acres with 15,341 SF of Improvements

Zoning:

Agricultural (AG)

Property Inspection:

By Appointment Only Call Auction Information Office to Schedule

Financing:

None All Cash