Property Description
Passport Advisory Group is pleased to offer on an exclusive basis the Bayleaf located in Napa, California. Situated on 3.48 acres, there is room to develop an approximate 50-unit hotel or possibly a winery. Bayleaf offers a full-service restaurant, gardens, Cabernet Sauvignon vines, and two residences.
The Napa Valley Wine Country has experienced a rapid growth since 1975 when there were only a mere 25 wineries. Currently there are well over 400 wineries in Napa County, making it one of the worlds top producers of award winning wines. In addition to wine, Napa Valley has also become a premier destination for food, arts and wellness. Roughly 4.5 million tourists visit the wine region annually for wine-tasting, hiking, bicycling, hot air ballooning, historic sites, as well as the world class cuisine. This has made tourism the second largest industry in Napa County generating over $1.3 billion annually.
Key Investment Highlights
- Seller Financing Available - Seller has agreed to financing with a 25% down payment;
- Possible Opportunities for Hotel Development - The property sits on 3.48 acres of fee simple land giving a new owner an opportunity for redevelopment. Redevelopment opportunities include, and are not limited to, a boutique hotel consisting of up to 50 guesetrooms, culinary gardens, a tasting room, vineyards, a cooking school and/or a major destination restaurant;
- Unique Investment Opportunity
- Being marketed as a restaurant, this unique investment opportunity gives a new owner a number of creative revenue streams for multiple businesses, if desired, in highly desirable Napa Valley;
- Highly Desirable Destination Resort
- Property is strategically located in Napa Valley, along CA-121 highway, off the Silverado Trail and adjacent to Silverado Country Club and golf resort. Napa is world renowned as top tourist destination for award winning wineries and restaurants. The property is located near numerous wineries and approximately 3.5 miles from thriving Downtown Napa;
- Unencumbered by Management - The Property is being offered unencumbered of management.
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