Colorado Cellars - Oldest & Most Awarded Winery in Colorado Located in Palisade, Colorado, this winery was initially established in 1978Âwith the first vines provided by Colorado State UniversityÂinÂColorado, with the vineyards planted in 1974. The winery location was purchased and the original portion of the building was built in 1980 into the hillside to begin making wines. As time progressed, the owners built on the production & storage area, and in 2002 added the carefully curated wine tasting room & patio area.ÂWith approximately 3Âtotal acres of vines on the property, growing Merlot and Gewurztraminer, the winery produces a total of 26Âtypes of wines and a authenticÂchampagne. The property has a beautifully maintained lawn with gazeboÂwhich is ideal for outdoor events, weddings, concerts, and more. More than sufficient parking has been carefully thought through. Between the winery building, tasting room, outdoor tasting area, and event area, the property is an ideal hosting grounds for wine tasting & events. The winery business and equipment assets are nothing short of impressive. Wine making efficiency and a well-established, strong business makes this property a great income-producing investment, with a very strong capitlizationÂrate. This business has lead the charge in Colorado wine making, fruit wine production, and champagne production. Producing over 12,000 cases per year, it has an impressive list of vendors & outstanding financials. The tasting room encompasses just over 1,200 square feet, the office and laboratory rooms cover 988 square feet, and the winery/bottling/warehouse area covers 5,600 square feet total.ÂTwo 10,000 watt solar arrays cover the roof, providing free power to the business, and netting the property approximately $35/month in electric from Xcel energy. Colorado Wine History - StartedÂin 1978 in Palisade, CO Most Awarded - Colorado Cellars Winery has won over one thousand State, National, and International wine competition awards. They offer 26 wines, and a even a genuineÂChampagne. Not just one, but many of their wines have recevied medals for best in class over the years. The business has been family owned and operated from the start, "Exclusively in the wine business - complete commitment to an uncompromising desire for quality is the key to our long term success" This property and business is also the original Colorado vineyard & winery. They forged the path for many other vineyards &Âwineries in the Palisade area. Their brandsÂinclude: Colorado Cellars, Rocky Mountain Vineyards. A unique fact about their brand is the grandfathered-in law allowing theÂuse ofÂ"Colorado" in their brand name, as well being able use the label name "Champagne" and "Port". Vineyard and Winery For Sale Strong Financials Offers Great Investment Opportunity Great property for weddings and event center. Revenue has grown 3 years in a row. Thoroughly recorded financials and high net profit compared to other vineyard & winery businesses. Cap rate is over 18% at current list price. Possible option to have manager run operations with owner being remote. Colorado Cellars has a strong reputation that makes this a unique opportunity and practical investment. Contact broker for NDA prior to viewing financials. Palisade, Colorado Founded in April of 1904, Palisade, Colorado has been considered an âagricultural heavenâ because of its close proximity to the Colorado River and its ability to feed the beautiful orchards and vineyards we have today. Named after the cliffs that overhang the town, Palisade is most known for their local businesses such as wineries, breweries and restaurants. Wine tasting, fine cuisine and frequent local musicians playing in town give this place a lively charm. Throughout the year, events like Palisade Bluegrass Festival, the Farmers Market, Colorado Mountain Winefest and the Custom Motorcycle Show attract plenty of visitors and keep locals enterta
County living with close access to all of the amenities of the City. Within 10 miles of Hospitals and within 4 miles to grocery stores and other amenities. This Luxury, Parade of Homes, Home is in a secure gated subdivision located right off the Palisade Fruit and Wine Byway surrounded by 360º views of the Colorado National Monument, Grand Mesa, Bookcliffs and the City lights. Custom Alder Doors, and trim throughout. Nice open living spaces with 14' & 12' ceilings. The kitchen has granite countertops, custom cabinets, high end appliances, 2 pantries and an adjoining butlers pantry. Master suite has a walkout deck, double sided fireplace, a large circular "wine barrel" shower with dual shower heads, jetted soaker tub, and a large walk-in closet. Downstairs you will find a Family/Theater Room, Pool Table Room with a gas fireplace, Full wet bar with beautiful woodwork & stone, 360+ bottle wine cellar with adjoining wine tasting room, Exercise Room with Steam Sauna, craft room and two other suites both with patio access. All on 2.12 manicured acres!
24 acres in Palisade just off of the Fruit and Wine Byway with a creek and two springs. Sink Creek runs through the property and helps provide unique geography that would support several options for private build sites. The property has two springs with a water decree for the water rights so that you can grow a crop of your choice. In addition to the possibility of the local favorite of grapes or peaches, there is also a former tree farm on the property. You must have an appointment and be accompanied by a licensed real estate professional to tour the land.
31 acres off a dead-end road that backs up to BLM land, an utterly unique property in Palisade/East Orchard Mesa. Enjoy privacy without isolation, only minutes to schools, medical facilities and shopping. Residence constructed using fire retardant materials & many custom features with stunning views of Grand Mesa and the Bookcliffs. Heated barn, 2 story office/shop building, multiple other out buildings. Currently planted in hay but would be ideal for fruit trees, wine grapes or lavender. For the novice, there is support available from Western State Research Center of Colorado State University, as well as vinicultural, horticultural & other grower groups. 20.05 acres of irrigation water rights provided via concrete canal by Orchard Mesa Irrigation District which comes from the Colorado River and runs with the land. Come check out a little piece of heaven and make it your masterpiece.
The median home value in Palisade, CO is $590,000. This is higher than the county median home value of $376,500. The national median home value is $338,100. The average price of homes sold in Palisade, CO is $590,000. Approximately 67.97% of Palisade homes are owned, compared to 24.58% rented, while 7.45% are vacant. Palisade real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Palisade real estate agent to arrange a tour today!
Palisade, Colorado has a population of 2,575. Palisade is less family-centric than the surrounding county with 18.79% of the households containing married families with children. The county average for households married with children is 29.15%.
The median household income in Palisade, Colorado is $53,571. The median household income for the surrounding county is $62,127 compared to the national median of $69,021. The median age of people living in Palisade is 47.5 years.
The average high temperature in July is 92.7 degrees, with an average low temperature in January of 18.3 degrees. The average rainfall is approximately 10.1 inches per year, with 15.7 inches of snow per year.