In the heart of the grape belt on the Lake Erie Wine Trail this scenic 239 acre property encompasses 10 acres of mature vinifera and French-hybrid wine grapes, 47 acres of mature Concords, and 182 acres of open fields and woods. Situated where the gravely Lake Erie escarpment is closest to the lake provides gradual warming temperatures in the spring and warm lake-effect air in the fall. This moderating microclimate and soil conditions ranging from above average to ideal is perfect for growing grapes. The 23 local wineries attract a large tourist base thus making this property an exceptional opportunity for a wine entrepreneur. Wine-making equipment, vineyard equipment, and the existing inventory of bulk and bottled wine is available for sale to the new owner. Hence the opportunity to produce cash flow from a wine business can occur quickly. Agricultural exemptions reduce taxes to $6400 per year. Over 50 acres of premium hardwood timber is ready for harvest and evaluated at $50,000-$70,000. A hard cut would yield $100,000-$125,000. The property is located above several natural gas layers including the Marcellus shale formation. Three active gas wells provide free natural gas and a royalty income. The property has a 12 room house and a classic post and beam barn. The 2,700 sq. ft. home features 2 staircases, 4 bedrooms, 2 full baths, living room, dining room, laundry room and den. For a retail operation, the first level would easily convert to two tasting rooms, a giftshop room and two offices. The home has new roof, new electrical, new heating, new water treatment system, new windows, new bathroom and new carpeting. The large barn features three levels: below ground level has served as the winemaking and bulk storage area, ground level holds farm equipment and the loft has been used for storage. This property is located less than 10 minutes from I-90, 25 minutes from Erie, 1 hour from Buffalo, 2 hours from Cleveland and 2- 1/2 hours from Pittsburgh.
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