Seller Financing
Address
6810 Caratoke Highway Grandy, NC
Price
$ 2,600,000
Property Attributes
  • MLS#114677
  • TypeCommercial
  • CountyCURRITUCK
  • CityGrandy
  • AreaJarvisburg to Poplar Br.
  • Zip27939
  • StyleBrewery, Restaurant, Farm
  • Year Built2003
  • Taxes$ 5706
  • Price$ 2,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size25.55 Acres
Listing Provided Courtesy Of:
Whitney O Hawkins @ RE/MAX Coastal Associates
Data Source:
Outer Banks MLS (OTBMLS) - 132 - NC
Property Description

NC OLDEST MICROBREWERY- REAL ESTATE FOR SALE, and includes SUCCESSFUL BUSINESS. In 1986 The Weeping Radish Restaurant and Brewery opened its doors. At that time there were less than 100 breweries in the United States. The Weeping Radish was the first in North Carolina! Since the beginning the Weeping Radish has brewed beer according to the Bavarian Reinheitsgebot Purity Law of 1516 which states that beer must be brewed using only four ingredients: Hops, Malt, Yeast and Water. No additives, chemicals or preservatives may be used. In 2001 groundbreaking began on The Weeping Radish Farm Brewery in Grandy, NC. This new project, 35 miles north from its original location, which includes the full scale BREWERY, full service restaurant, a butcher’s facility, and a 25 acre farm. The new business location opened its doors and brewed its first batch of beer in 2005! Well established (35 plus years!) Excellent reputation for quality beer and food. This business is located on the main Artery to the Outer Banks of North Carolina. Every weekend in season over 200,000 cars travel past this location to and from the Outer Banks. The asking price is for the the real estate, owner is including the businesses, Trade Name, Good Will and equipment in the sale (this equipment replacement cost of over $500,000). The complex includes 25.23 acres of land, zoned Light Manufacturing. The building dimensions are 100 x 150 ft. The building has over 20,000 sq. ft. of usable space. There is parking for 65 cars. The building is fully compliant with commercial code it has three phase electricity, county water and natural gas. There is low-pressure steam generation and a large air compressor with fixed piping throughout the building. BREWERY: 4,450 sq. ft. of brewery space with 1000 sq. ft. refrigerated aging room and 400 sq. ft. air-conditioned insulated grain and finished goods storage. Brewery Equipment: 20 bbl. two vessel ABS brew house; 4 x 20 bbl. fermenters, 1 x 60 bbl. fermenter, 1 x 5 bbl. fermenter, 15 x 20 bbl. fermenter, Cask 5 valve canning line. RETAIL / RESTAURANT: 3,600 sq. ft., air conditioned space, two separate retail counters with two refrigerated glass displays and shelving for storage and display. RESTAURANT: 52 indoor dining sets and 12 bar seats. Large bathrooms, large wait prep area. 10 draft lines. Large outside Beer Garden. Kitchen: 800 sq. ft. kitchen with 25 ft. hood. BUTCHERY: 600 sq. ft. of refrigerated food prep area, this is being used for sausage making with state-of-the-art equipment. SMOKER ROOM: 400 sq. ft. area, with two chamber Friedrich smoke house. BUTCHER EQUIPMENT: Vemag Sausage stuffer, 200 l Bowl Chopper, Hobart Meat Grinder, Single Chamber vacuum packer, Injector, Tumbler and two chamber smoke house. STORAGE: 800 sq. ft. downstairs storage, COLD STORAGE: 320 sq. ft. walk in refrigerator and 280 sq. ft. walk in freezer. Both freezer and refrigerator are pallet accessible. 4,700 sq ft upstairs storage. UTILITIES: 2,000 amp three phase service, natural gas, low pressure steam and two compressor glycol cooling system. Total of 20 t A/C systems. Three separate wastewater systems. BUSINESS POTENTIAL: Currently the business is operated as predominantly retail oriented business. The brewery and the butchery could be expanded to a wholesale business, the owner has other opportunities he is involved with and is not able to devote the time necessary for expansion. The farm is currently used as grain producer for the brewery. The remaining land can be sold off for development or it can be developed as an Event venue, RV Park, camping or Air B&B. Website:https://www.weepingradish.com

Price History
6/4/2021 Listed $2,600,000

General Features

Business Name Weeping Radish Brewery
Class COMMERCIAL/INDUSTRIAL
Commercial Features Equip. Conveys
Construction Metal
Docs on File As-Built Survey, Land Survey
Financing Options Cash, Commercial, Owner Finance 1st
Flood Zone Zone
Listing Area Jarvisburg to Poplar Br.
Ownership Owned More than 12 Months
Potential Short Sale No
Roof Metal
Showing Instructions Appointment Required, Call Agent, Listing Agent Must Acc., See Showing Instructions, Tenant Occupied
Status Active
Status Active
Subdivision NC
Tax Year 2020
Taxes 5706.09
Type Industrial
Water Municipal Water
Waterfront Location None
Year Built 2003
Zoning Industrial

Interior Features

Floor Covering Concrete
Total Number of Units 1

Exterior Features

Approx.lot Sqft 1113000
Foundation Slab
Lot Description Level
Lot Faces (n,e,w,s) E
Parking/Garage 101+ Spaces, 51-100 Spaces, Paved
Roads Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 27939

Price
AVG $800K
$2.6M
Taxes
AVG $2,104
$5,706
Visits
AVG 40
21
Year Built
AVG 1989
2003
Walkscore
AVG 22
16
Data Provided by Walkscore ® not using MLS data

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