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±10 AC Lakeview Vineyard w/ Warehouse & 2 Homes - Okanagan Lake

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  • Naramata, BC
    Canada
  • Auction #385-1
    Commercial Property
  • Interior Space:
    ± 1,800 SF
  • Lot Size:
    ±10 acres
  • Transaction Fee:
    3%
  • Broker
    Co-op:
    1.5% + GST

Commercial Property For Sale in Naramata, BC

±10 AC Lakeview Vineyard w/ Warehouse & 2 Homes - Okanagan Lake

2864-2860 Arawana Road, Naramata, BC V0H 1N0

RE/MAX Kelowna and The Future of Real Estate (FRE.com) are pleased to present the Online Auction (contingencies accepted) for a ±10 acres parcel that comes with a vineyard, a ±6,500 SF warehouse, and 2 houses in Naramata, British Columbia.

Estate-style living and income-producing opportunities! This ±10 AC property is located on the coveted Naramata Bench and features a ±3 AC Riesling vineyard, a newer ±6,500 SF warehouse, and 2 residential homes. The economy of Naramata is primarily agriculture and tourism.

WAREHOUSE HIGHLIGHTS

  • The ±6,500 SF warehouse is newly built and had ±$1,000,000 invested. 
  • It was initially built for cannabis production but the space can be modified for various uses, such as a winery, a showing room, and more.
  • Built to EU GMP standards for food growing and processing, and would be well-suited for a vertical grow operation or other manufacturing.
  • Building is compliant with legal medical cultivation, far and beyond industry standards. The vendor is in a preliminary approval status with Health Canada. The purchase price will include completion to finalize the existing Micro-cultivation License and facilitate a new General Processing license. Offers can be subject to these two licenses. Licenses are expected prior to year-end.

VINEYARD HIGHLIGHTS

  • Riesling vineyard produces approximately 7-9 tons annually with possibilities to increase production.
  • Great potential for agri-tourism and farm stay business. Central Okanagan Economic Development Commission offers business planning resources and assistance for farms to become agri-tourism operations.

RESIDENTIAL HIGHLIGHTS

  • ±1,050 SF 2 bdrm 1 bath primary home is rented for $1,850/month.
  • ±750 SF 1 bdrm 1 bath guest home has been recently updated and modernized and boasts vaulted ceilings.
  • Picturesque views of Okanagan Lake and Valley.
  • The property is fully fenced and secured.
  • Both homes are located at opposite ends of the property with private driveways and power gates, allowing for additional privacy.
  • For the floor plans and room dimensions, please refer to the due diligence documents.

COMMUNITY HIGHLIGHTS

  • Frommer’s, one of the best-selling travel guides in North America, named Naramata as one of the top travel destinations in the world.
  • Okanagan Valley is known as the "Napa Valley of Canada".
  • The Naramata Bench is the birthplace of winemaking in British Columbia. It is known for its top-quality wines that regularly win national and international awards.
  • Okanagan Valley is a sunny location and has mostly mild year-round temperatures.
  • BC wineries welcome around 1,000,000 visitors annually, who contribute about $2.8 billion per year to British Columbia's economy.
  • Less than 30 minutes away from Penticton Regional Airport.
  • 1 hour 15 minutes away from the US border.
  • A little over an hour away from Kelowna, BC.

Downloadable Documents

Property Information

Auction Information

Title and Escrow


  • Last Updated May 31

Property Viewing

If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

Start Temporary Access Agreement

Financing

This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

Broker of Record for this property: RE/MAX Kelowna

All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the Asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.

Contingencies may be included with your bid

BID DEADLINE:   21 Jul 5:00 pm PDT
Show values in:
Starting Offer: CAD $2,500,000
US $1,944,655
Suggested Value:CAD $3,950,000
US $3,072,555
Required bid deposit: CAD $5,000
US $3,889
days
hours
mins
secs
Auction Ended
Scott Marshall Property Representative RE/MAX Kelowna P: (250) 470-2388 E: scott@scottmarshallhomes.com https://rmc.fre.com
Alex Welton Event Manager The Future of Real Estate (FRE) P: (949) 706-6119 E: awelton@fre.com
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Commercial Property For Sale in Naramata, BC
±10 AC Lakeview Vineyard w/ Warehouse & 2 Homes - Okanagan Lake
2864-2860 Arawana Road
Naramata, BC V0H 1N0
Canada
Auction # 385-1

Contingencies may be included with your bid

Bid Deadline:
21 Jul 5:00 pm PDT
Starting Offer
CAD $2,500,000
US $1,944,655
Suggested Value
CAD $3,950,000
US $3,072,555
Required bid deposit
CAD $5,000
US $3,889
Show values in: 
  • Naramata, BC
    Canada
  • Property Type:
    Commercial Property
  • Interior Space:
    ± 1,800 SF
  • Lot Size:
    ±10 acres
  • Transaction Fee:
    3%
  • Broker Co-op:
    1.5% + GST
Property Description

RE/MAX Kelowna and The Future of Real Estate (FRE.com) are pleased to present the Online Auction (contingencies accepted) for a ±10 acres parcel that comes with a vineyard, a ±6,500 SF warehouse, and 2 houses in Naramata, British Columbia.

Estate-style living and income-producing opportunities! This ±10 AC property is located on the coveted Naramata Bench and features a ±3 AC Riesling vineyard, a newer ±6,500 SF warehouse, and 2 residential homes. The economy of Naramata is primarily agriculture and tourism.

WAREHOUSE HIGHLIGHTS

  • The ±6,500 SF warehouse is newly built and had ±$1,000,000 invested. 
  • It was initially built for cannabis production but the space can be modified for various uses, such as a winery, a showing room, and more.
  • Built to EU GMP standards for food growing and processing, and would be well-suited for a vertical grow operation or other manufacturing.
  • Building is compliant with legal medical cultivation, far and beyond industry standards. The vendor is in a preliminary approval status with Health Canada. The purchase price will include completion to finalize the existing Micro-cultivation License and facilitate a new General Processing license. Offers can be subject to these two licenses. Licenses are expected prior to year-end.

VINEYARD HIGHLIGHTS

  • Riesling vineyard produces approximately 7-9 tons annually with possibilities to increase production.
  • Great potential for agri-tourism and farm stay business. Central Okanagan Economic Development Commission offers business planning resources and assistance for farms to become agri-tourism operations.

RESIDENTIAL HIGHLIGHTS

  • ±1,050 SF 2 bdrm 1 bath primary home is rented for $1,850/month.
  • ±750 SF 1 bdrm 1 bath guest home has been recently updated and modernized and boasts vaulted ceilings.
  • Picturesque views of Okanagan Lake and Valley.
  • The property is fully fenced and secured.
  • Both homes are located at opposite ends of the property with private driveways and power gates, allowing for additional privacy.
  • For the floor plans and room dimensions, please refer to the due diligence documents.

COMMUNITY HIGHLIGHTS

  • Frommer’s, one of the best-selling travel guides in North America, named Naramata as one of the top travel destinations in the world.
  • Okanagan Valley is known as the "Napa Valley of Canada".
  • The Naramata Bench is the birthplace of winemaking in British Columbia. It is known for its top-quality wines that regularly win national and international awards.
  • Okanagan Valley is a sunny location and has mostly mild year-round temperatures.
  • BC wineries welcome around 1,000,000 visitors annually, who contribute about $2.8 billion per year to British Columbia's economy.
  • Less than 30 minutes away from Penticton Regional Airport.
  • 1 hour 15 minutes away from the US border.
  • A little over an hour away from Kelowna, BC.

Downloadable Documents
Title and Escrow
Property Viewing

Property Viewing

If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

Start Temporary Access Agreement
Financing

Financing

This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

Contact Us
Scott Marshall Property Representative RE/MAX Kelowna P: (250) 470-2388 E: scott@scottmarshallhomes.com https://rmc.fre.com
Alex Welton Event Manager The Future of Real Estate (FRE) P: (949) 706-6119 E: awelton@fre.com
Broker of Record for this property: RE/MAX Kelowna

All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the Asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.