N2393 Schacht Rd | Marinette, WI 54143
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- LoopNet Team
N2393 Schacht Rd
Marinette, WI 54143
Forgotten Fire Winery · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Turn-key winery for sale at a 12.54% cap rate, revenue up 26.5% and EBITDA up 37.6% from 2019 to 2020
- Currently offers over 30 wines, almost a dozen hard ciders, craft sodas and a variety of wine-related gift items, numerous wine awards
- 8,400 SF building including 1,500 SF of retail space, 360 SF office, 2,700 SF production space and 3,840 SF temp controlled storage
- Key employees including head winemaker would stay on, no vineyard to manage but potential to grow fruit on additional acreage
- 1000+ distribution locations and capacity to produce 18,000+ cases of wine annually, more than 50% of revenue from distribution vs retail
- Est. 2 acres of land including building, parking lot and event space. Also available, but not included in the sale, is an est. 16.44 acres of land
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
8,400 SF
Building Class
B
Year Built
2011
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
2.00 AC
Zoning
A-2 - Agricultural/Rural Residential District
PROPERTY TAXES
| Parcel Number | 024-01546.004 | Improvements Assessment | $189,100 |
| Land Assessment | $20,300 | Total Assessment | $209,400 |
PROPERTY TAXES
Parcel Number
024-01546.004
Land Assessment
$20,300
Improvements Assessment
$189,100
Total Assessment
$209,400
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