490 Wine Valley Road, Palisade, CO 81526

Property Description

Excellent opportunity to own 43,995 S/F (1.01 Acre) with access from Wine Valley Road. This property has approved pole signage, Highway food signage and rare drive through access within City of Palisade. This site neighbors Golden Gate (West), Palisade Peach Shack, Deroco Cellars and residential neighborhoods. As an added bonus the owner is willing to develop the site for the Buyer. Appraisal report completed in November 2023 valued the land and a 1,846 S/F drive thru building at $1,900,000. The zoning is Hospitality Retail and allows uses such as Place of Worship, Bed & Breakfast, Brew Pub, Restaurant, Retail, Tasting Room, Vehicle Sales & Service, Wholesale Storage & Sales, Manufacturing and so much more. Hospitality Retail zoning also permits second floor residential use. Property Highlights: • Developed Lot Size – 43,995 S/F (1.01 Acre) • Neighbors Golden Gate (West Side), Palisade Peach Shack, Residential Neighborhood • I-70Visibility • Rare drive thru permitted use • Approved pole signage • Food Highway Signage • HR zoning is a mix of residential and commercial use. Ground level is intended for commercial use with the second floor for residential and/or office use. • Appraisal report for 1,846 S/F Drive Thru building and land valued at $1,900,000 Zoning – Hospitality Retail Mixed Use Land Highlights: • Lot is ready for permit • Street improvements • Prepared detention • Curb and gutter outline the property • Delivered pad ready with all utilities in place (water pit, sewer stubbed, power and gas) • Off-site improvement complete