hospitality for sale · kw commercial 559.302.8698 jared ennis senior commercial associate...

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36400 CA-190, Springville, CA 93265 SPRINGVILLE RANCH EVENT CENTER & MARKETPLACE FOR SALE HOSPITALITY FOR SALE www.CentralCaCommercial.com KW COMMERCIAL 559.302.8698 JARED ENNIS Senior Commercial Associate 559.302.8698 [email protected] BRE #01945284 KEVIN LAND Commercial Director 559.359.4035 [email protected] BRE #01516541 We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. LOCATION OVERVIEW Located in Springville, CA off of HWY 190 between Wagner Drive and Wild Turkey Way. PROPERTY FEATURES ±15,025 SF of Structure on ±13.76 Acres Available Established Event Center w/ Existing Business Turn-Key Indoor & Outdoor Event Capabilities Year-Round Venue w/ Healthy Cash Flow Operational Commercial Kitchen & Upgraded Restrooms Lush Gardens, Pond, Fountains, Wooden Bridges & Historic "Big White Barn" Weddings, Corporate Seminars, Family Retreats, Marketplace Reunions, Concerts, Proms/Quienceniera, Fundraisers Unique & Beautiful Property w/ House Development Pad Situated in the Foothills of the Sierra Mountains SALE PRICE: $850,000 LOT SIZE: 13.76 Acres BUILDING SIZE: 14,400 SF APN'S 219-130-077, -078, -046 BUSINESS INCLUDED: Yes YEAR BUILT: 1977 ZONING: CO MARKET: Springville SUB MARKET: Highway-190 Corridor CROSS STREETS: Wagner Drive

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Page 1: HOSPITALITY FOR SALE ·  KW COMMERCIAL 559.302.8698 JARED ENNIS Senior Commercial Associate 559.302.8698 jaredennis@kw.com BRE #01945284 KEVIN LAND

36400 CA-190, Springvil le, CA 93265

SPRINGVILLE RANCH EVENT CENTER & MARKETPLACE FOR SALE

HOSPITALITY FOR SALE

www.CentralCaCommercial.com

KW COMMERCIAL559.302.8698

JARED ENNISSenior Commercial [email protected] #01945284

KEVIN LANDCommercial [email protected] #01516541

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

LOCATION OVERVIEWLocated in Springville, CA off of HWY 190 between Wagner Driveand Wild Turkey Way.

PROPERTY FEATURES±15,025 SF of Structure on ±13.76 Acres Available

Established Event Center w/ Existing Business

Turn-Key Indoor & Outdoor Event Capabilities

Year-Round Venue w/ Healthy Cash Flow

Operational Commercial Kitchen & Upgraded Restrooms

Lush Gardens, Pond, Fountains, Wooden Bridges & Historic"Big White Barn"

Weddings, Corporate Seminars, Family Retreats, Marketplace

Reunions, Concerts, Proms/Quienceniera, Fundraisers

Unique & Beautiful Property w/ House Development Pad

Situated in the Foothills of the Sierra Mountains

SALE PRICE: $850,000

LOT SIZE: 13.76 Acres

BUILDING SIZE: 14,400 SF

APN'S 219-130-077, -078, -046

BUSINESS INCLUDED: Yes

YEAR BUILT: 1977

ZONING: CO

MARKET: Springville

SUB MARKET: Highway-190 Corridor

CROSS STREETS: Wagner Drive

Page 2: HOSPITALITY FOR SALE ·  KW COMMERCIAL 559.302.8698 JARED ENNIS Senior Commercial Associate 559.302.8698 jaredennis@kw.com BRE #01945284 KEVIN LAND

THE PROPERTY:Situated in the foothills of the western Sierra mountains,Springville Ranch is a uniquely beautiful property and standsas a Tulare County Landmark. The Ranch has ±13.76 acresof lush gardens that includes a 2 1/2 acre pond, 3 fountains,2 wooden bridges and the historic "Big White Barn". Thetwo-story main building totals ±14,400 s.f. (±7,200/floor), andsits on three parcels of land totaling ±599,590 s.f. (±13.76acres). The main building includes men's and women'smulti-stall bathrooms and showers, and a turnkeycommercial kitchen, which is licensed for onsite catering,and includes an Ansel Fire System, ovens, stoves, andrefrigerators (all included in the sale). The property alsoincludes a recently added 25-ft x 25-ft building with a deckthat extends 20-ft out from the building on two sides.

THE BUSINESS:Travelers from around the world come to the ranch as theypass by on their way to the Giant Sequoia NationalMonument and enjoy the property and Marketplacethroughout the year. The property offers a vast amount ofevent settings for an array of entertainment experiencesincluding weddings, as well as corporate and family retreatgetaways. The Ranch is a year-round venue with beautifulindoor and outdoor spaces offering many different vignettesto create an event that is distinctively you. In addition, thereis a weekly "Marketplace" Friday and Saturday in the "Daylight savings times" and Saturday in the winter which hostslocal organic produce, fresh baked breads, bakery treats,coffee and espresso along with many other ranch specialtyitems. The business has averaged $210,000 annual grosssales (with annual nets fluctuating between $55,000 and$80,000).

THE EVENTS:Some of the events hosted include: Wedding Ceremoniesand Receptions, Rehearsal Dinners, Birthday, Anniversaryand Retirement Parites, Engagement, Wedding, and BabyShowers, Family and Class Reunions, Fundraisers and MusicConcerts, Corporate Retreats and Meetings, High SchoolProm, Quienceniera, Auction, Summer/Day Camp, Memorialor Celebration of Life, Overnight Campout, Movie andCommercial Filming, and more!

36400 CA-190, Springvil le, CA 93265

SPRINGVILLE RANCH EVENT CENTER & MARKETPLACE FOR SALE

HOSPITALITY FOR SALE

www.CentralCaCommercial.com

KW COMMERCIAL559.302.8698

JARED ENNISSenior Commercial [email protected] #01945284

KEVIN LANDCommercial [email protected] #01516541

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

Page 3: HOSPITALITY FOR SALE ·  KW COMMERCIAL 559.302.8698 JARED ENNIS Senior Commercial Associate 559.302.8698 jaredennis@kw.com BRE #01945284 KEVIN LAND

www.CentralCaCommercial.com

KW COMMERCIAL559.302.8698

JARED ENNISSenior Commercial [email protected] #01945284

KEVIN LANDCommercial [email protected] #01516541

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

36400 CA-190, Springvil le, CA 93265

SPRINGVILLE RANCH EVENT CENTER & MARKETPLACE FOR SALE

HOSPITALITY FOR SALE

Page 4: HOSPITALITY FOR SALE ·  KW COMMERCIAL 559.302.8698 JARED ENNIS Senior Commercial Associate 559.302.8698 jaredennis@kw.com BRE #01945284 KEVIN LAND

www.CentralCaCommercial.com

KW COMMERCIAL559.302.8698

JARED ENNISSenior Commercial [email protected] #01945284

KEVIN LANDCommercial [email protected] #01516541

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

36400 CA-190, Springvil le, CA 93265

SPRINGVILLE RANCH EVENT CENTER & MARKETPLACE FOR SALE

HOSPITALITY FOR SALE

Page 5: HOSPITALITY FOR SALE ·  KW COMMERCIAL 559.302.8698 JARED ENNIS Senior Commercial Associate 559.302.8698 jaredennis@kw.com BRE #01945284 KEVIN LAND

www.CentralCaCommercial.com

KW COMMERCIAL559.302.8698

JARED ENNISSenior Commercial [email protected] #01945284

KEVIN LANDCommercial [email protected] #01516541

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

36400 CA-190, Springvil le, CA 93265

SPRINGVILLE RANCH EVENT CENTER & MARKETPLACE FOR SALE

HOSPITALITY FOR SALE

Page 6: HOSPITALITY FOR SALE ·  KW COMMERCIAL 559.302.8698 JARED ENNIS Senior Commercial Associate 559.302.8698 jaredennis@kw.com BRE #01945284 KEVIN LAND

www.CentralCaCommercial.com

KW COMMERCIAL559.302.8698

JARED ENNISSenior Commercial [email protected] #01945284

KEVIN LANDCommercial [email protected] #01516541

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

* Demographic data derived from 2010 US Census

36400 CA-190, Springvil le, CA 93265

SPRINGVILLE RANCH EVENT CENTER & MARKETPLACE FOR SALE

HOSPITALITY FOR SALE

ETHNICITY 12.5 MILES 25 MILES 50 MILES

% HISPANIC 53.5% 60.7% 58.1%

RACE 12.5 MILES 25 MILES 50 MILES

% WHITE 74.4% 73.9% 75.7%

% BLACK 1.3% 0.6% 2.0%

% ASIAN 4.6% 3.2% 4.4%

% HAWAIIAN 0.0% 0.0% 0.1%

% INDIAN 3.8% 1.8% 1.2%

% OTHER 13.5% 17.2% 13.6%

POPULATION 12.5 MILES 25 MILES 50 MILES

TOTAL POPULATION 8,167 124,815 588,140

MEDIAN AGE 34.6 30.2 30.7

MEDIAN AGE (MALE) 34.4 28.7 29.7

MEDIAN AGE (FEMALE) 35.0 31.5 31.0

HOUSEHOLDS & INCOME 12.5 MILES 25 MILES 50 MILES

TOTAL HOUSEHOLDS 2,488 36,536 169,485

# OF PERSONS PER HH 3.3 3.4 3.5

AVERAGE HH INCOME $52,391 $53,700 $58,530

AVERAGE HOUSE VALUE $396,989 $260,564 $263,327