Corey Ippolito Winery

Special Purpose for Sale
Catylist Listing ID: 30668425
Building Size (RSF): 6,000 SF
Gross Land Area: 18.60 Acres
Sale Price: $1,495,000
Property Use Type: Business
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 4/2/2021

Overview / Comments

Corey Ippolito is one of the area's fine venues for entertaining, weddings, and get together based on an 18 acre vineyard. The facility is nestled along I-81 in the airport corridor, near the new Sullivan County high school. With easy access the beautiful grounds and facilities provide a great warmth for entertaining and hosting weddings and large outdoor gatherings. The facility features a number of great amenities indoors, including a commercial kitchen, 2 large entertainment/meeting areas, as well as separate rooms for dressing and multiple restrooms. Originally, the facility was designed uniquely as a vineyard with several varieties of grapes and a strong history of wine production, and as the vineyard matured more and more of the property was used for entertaining and events as the grounds and outdoor venue are outstanding. The facility provides over 5 acres of vines. With the increase in visitors to the region through the Hard Rock Café, the proximity (within 13 miles) of Corey Ippolito to the new Casino will undoubtedly be high on the list of venues to visit and enjoy in the coming years. We look forward to offering a great entertainment venue to the region.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Taxing Authority: Sullivan County
Tax ID/APN: 082 064 02626 000 2019
Zoning: A1/B3
Property Located Between: Exit 63 & 66 Interstate I-81
Property Visibility: Excellent
Largest Nearby Street: Harr Road
Highway Access: Rodgers Oak Private Drive to Harr Road, which leads to the access at Exit63, I-81
Airports: Tri Cities Regional Airport, within 5 miles
Site Description: Slightly sloping, and rolling along I-81, very near to the new Sullivan County High School.
Area Description: Rural area of Sullivan County, uniquely located between the Tri Cities Airport and The Pinnacle, and the new home of the Hard Rock Café & Casino (less than 13 miles) at Exit 1, Bristol, VA.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 6,000 SF
Property Condition: Excellent
Year Built: 2000
Roof Type: Gable
Construction/Siding: Wood Frame
Exterior Description: Sculpted stucco exterior, and raised rib metal roof.
Parking Type: Surface
Parking Description: Large unmarked parking areas.
Sprinklers: None
Heat Type: Electricity, Propane
Heat Source: Heat Pump
Air Conditioning: Package Unit
Internet Access: Cable, Fiber Optic
Interior Description: Large Open rooms, well suited as an entertainment venue, and perhaps could be utilized as a lodge. Dressing areas, offices, and even a master suite are already established. A good sized commercial kitchen with pantry, dishwasher and hoods are ready to go to work for you. The winery are is set up for production, and has it's own separate hvac, including a cooling room, and garage area for equipment. Too many amenities to mention them all here, make an appointment and review for yourself.
Zoning Description: A1/B3, which provides for the Entertainment Venue, as well as the agricultural zoning for wine production.
Lot Frontage: 550'
Lot Depth: 600'
Water Service: Municipal, Well
Sewer Type: Septic
Easements: Other
Easements Description: ROW for road, which is owned by this property
Land Ownership: Fee Simple
Legal Description: Upon Request.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,080 9,925 34,554
Median Age: 45.1 45.37 43.97
Households: 1,213 3,966 13,991


Photograph of Listing Agent

Richard S. Armstrong, III

TCI Group - Lowry & Foster, Inc. NETAR CMLS Member
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