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5443 Tesla Rd, Livermore, CA 94550

Commercial property

5443 Tesla Rd, Livermore, CA 94550 Sold July 2024 CRMLS
$3,050,000Sold July 2024

Listing Agent: Scott Piper (DRE #01151725) · Listing Office: Elation Real Estate · Contact: 925-462-9175 · Bought with: Ray Sharma · Bay Realty · MLS #41051595 · Source: CRMLS

0.00%
Cap Rate
332,798 sqft
Lot Size
1895
Year Built
Com
Zoning
Commercial property
Type

About this commercial property

For SALE or LEASE -Majestic Tuscan Farmhouse building with full kitchen, two baths, elevator and commercial underground wine cellar the size of the footprint of the building. Use the buildings as a tasting room, offices, meeting room, events venue or even a restaurant! Secondary building is approx 2500 Sqft with two Exterior bathrooms, prep kitchen, office and spectacular Wisteria trellis overhang on patio. Sensational in spring and summer! Property has a wide variety of uses that are approved uses or may require a CUP. Approx 5.5 acres of vineyards: 2.8 acres of Cab Sav, 1.5 acres Barbera, 1.1 acres of Sangiovese. This property sits right in the heart of the Livermore wine trail. Wente Vineyards is right next door. Concannon is 1/4 mile West and numerous other wineries and breweries on Tesla and in close proximity. High visibility site with great signage and substantial commuter traffic on Tesla in the mornings and evenings. Of course, lots of tourist traffic on weekends and holidays. Wine Trolly and wine tours drive right by and can be contracted. This property has its roots with the Wente family and was developed over 130 years ago. The "old" vines produce fruit that has turned into awarding winning wines for multiple wineries.

Listing description from the July 2024 sale, as reported to CRMLS.

Sale history

$3,050,000
Sold July 2024 · listed $4,500,000, on market March 2024 · MLS #41051595 · Source: CRMLS
Listing Agent: Scott Piper · Listing Office: Elation Real Estate · Contact: 925-462-9175 · Bought with: Ray Sharma · Bay Realty
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