Business For Sale · Land

599450 2ND CONCESSION N, Annan

599450 2ND CONCESSION N, Annan, ON N0H1B0

$4.8M total

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

98%

Lot Size

80.49 ac

About this property

Perched on the rolling hills of Annan, Ontario, between two historic ghost towns and overlooking Georgian Bay, Coffin Ridge Boutique Winery is an 80-acre estate as legendary as its name. Often compared to European vineyards, it offers both a thriving business and remarkable lifestyle. As the first commercial winery in Grey-Bruce, Coffin Ridge has become a cultural hub, drawing 35,000-40,000 visitors annually from across Ontario, including the GTA and Collingwood. For many, it is their winery - a place to gather, celebrate, and showcase the regions magic. The estate features 22 acres of vines, chosen to thrive in Grey County's terroir, producing award-winning wines alongside the popular Forbidden cider lineup and revived Kilannan Brewery. Signature vintages such as Back From the Dead Red and the multi-gold-winning Marquette embody the winery's bold, creative spirit. Guests enjoy charcuterie, butter boards, focaccia, wood-fired pizza, and gourmet grilled cheese. Seasonal events such as summer music series, October Ghost Walks, and holiday markets drive year-round engagement, while five heated igloos extend the experience into winter. Facilities are purpose-built and meticulously maintained. The 6,128 sq ft winery includes production areas, a tasting bar, and taproom, while multiple dwellings provide income and lifestyle flexibility. The 4,000 sq ft main residence blends timeless charm with modern comfort, including a lower suite, while the 1,292 sq ft carriage house offers a guest suite. Panoramic vineyard views, a 238-year-old tree, and event spaces - including a partially built wedding venue - add beauty and growth potential. Coffin Ridge is more than a winery: it is a destination, a brand, and a story still unfolding - ready for its next visionary owner. Note: This turnkey sale includes land and buildings held by Coffin Ridge Holdings Inc. and the operating business, Coffin Ridge Boutique Winery Inc. (id:66811)

Financial sandbox

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Estimate
Purchase price$4.80M
Down payment30% · $1.44M
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$22K

Projected NOI

$210K

Annual cash flow

$-56K

Cash-on-cash

-3.89%

DSCR

0.79

Going-in cap

4.37%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

106,244

Households

44,577

Median income

$103,500

Median age

32.6

Daytime population

175,738

5-yr growth

8.3%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 599450 2ND CONCESSION N, Annan.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.