15862 NIAGARA RIVER PARKWAY, Niagara-on-the-Lake

A rare opportunity to purchase a well-established vineyard totaling 48.47 acres and situated in the designated Niagara River Appellation. It is located between East West Line and Line 1 along the Niagara River Parkway off Service Road 72. Planted in three blocks: BLK 100 15.42 Acres (74 Rows) Riesling, BLK 110 14.96 Acres (73 Rows) Sauvignon Blanc, and BLK 120 14.51 Acres + 22 (Total Rows 94) Vidal. The Vineyard's production in 2020 was 332.73 Tonnes valued at $367,177, 2021 was 457.61 Tonnes valued at $438,236 with significant reduction in 2022 reflective of Winter injury throughout Niagara. The farm was planted in 2014 with new underdrains in Blocks 110 and 120. Property is currently leased to an acclaimed grower with the potential for a continuing management contract. (id:30266)