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Mixed-Use

Stonehedge Gardens

3405 Wine Country Ave, Hood River, OR 97031

Listing Price: $3,200,000

Lot Size
6.39 acres
Price/Acre
$500,782
Land Type
Land
Buildable Square Feet
278,550

Investment Overview

Stonehedge is a 6.39-acre property located on the west side of the City of Hood River. It is conveniently located, yet nicely setback and insulated from Interstate-84, providing a tranquil setting with incredible views of the Gorge and Mount Adams. It’s a split-zoned four-parcel property, with 5.01 acres zoned commercial and the remainder, 1.38 acres zoned residential. It is extremely well suited for multifamily/mixed-use development, or continued use as a resort/event venue. As you can see by the supporting aerials and photos, the property can be broken into three distinct parts. The lower portion, approximately 1.1 acres, is flat and buildable. It provides 650 feet of frontage along Wine Country Avenue. The middle portion has a steep 20% grade that separates the lower and upper portions of the property estimated to be 1.29 acres, but provides important driveway access to the upper portion. The driveway varies from a 3% to 6% grade and the elevation gain is approximately 50 feet. The upper portion is flat and is estimated to be about 4.0 acres in size. It is well insulated from traffic and provides spectacular views of the Gorge and Mount Adams. There’s a 2,130-foot improvement located on the upper portion of the property. The structure was built in 1898 and converted from a private residence to commercial mixed-use in the 1970s. It’s currently home to Stonehedge Gardens, a fine-dining, event and catering restaurant on ground level and has one residential apartment unit on the second level. It has an expansive network of terraces including a grotto which are used as event venues. The owners wish to sell the property including its improvements , but retain ownership of their business, Stonehedge Gardens. Although it is not part of this offering, the acquisition of the business can be negotiated separately. The property is currently serviced by city water, Pacific Power (electric), the city’s stormwater system, propane gas, and has its own septic system on site.

Investment Highlights

  • Four-Parcels for 6.39-Acres (278,550 Square Feet)
  • Split Zoning, 5.01 Acres Zoned Commercial (C-2) and 1.38 Acres Zoned Residential (R-1)
  • Tranquil Setting, Incredible Views of the Gorge and Mount Adams
  • Ideal for Multifamily/Mixed-Use Development or Continued Use as a Resort & Event Venue
  • Potential Density Could Approach or Exceed 200 Multifamily Units
  • 2,130 Square Foot Commercial Mixed-Use Improvement, Retail/Restaurant on Ground Level and One Residential Apartment on the Upper Level
  • Built 1898, Renovated and Converted to Commercial Use in 1977, Further Renovated and Landscaped in 2000 and 2007. The Property is Beautifully Terraced, Including a Wedding Grotto.
  • The Restaurant Business, Stonehedge Gardens, is Not Included in This Offering, But Can Be Negotiated Separately

Exclusively Listed By

Mixed-Use

Stonehedge Gardens

Listing Price: $3,200,000

Lot Size
6.39 acres
Price/Acre
$500,782
Land Type
Land
Buildable Square Feet
278,550

Investment Highlights

  • Four-Parcels for 6.39-Acres (278,550 Square Feet)
  • Split Zoning, 5.01 Acres Zoned Commercial (C-2) and 1.38 Acres Zoned Residential (R-1)
  • Tranquil Setting, Incredible Views of the Gorge and Mount Adams
  • Ideal for Multifamily/Mixed-Use Development or Continued Use as a Resort & Event Venue
  • Potential Density Could Approach or Exceed 200 Multifamily Units
  • 2,130 Square Foot Commercial Mixed-Use Improvement, Retail/Restaurant on Ground Level and One Residential Apartment on the Upper Level
  • Built 1898, Renovated and Converted to Commercial Use in 1977, Further Renovated and Landscaped in 2000 and 2007. The Property is Beautifully Terraced, Including a Wedding Grotto.
  • The Restaurant Business, Stonehedge Gardens, is Not Included in This Offering, But Can Be Negotiated Separately

Investment Overview

Stonehedge is a 6.39-acre property located on the west side of the City of Hood River. It is conveniently located, yet nicely setback and insulated from Interstate-84, providing a tranquil setting with incredible views of the Gorge and Mount Adams. It’s a split-zoned four-parcel property, with 5.01 acres zoned commercial and the remainder, 1.38 acres zoned residential. It is extremely well suited for multifamily/mixed-use development, or continued use as a resort/event venue. As you can see by the supporting aerials and photos, the property can be broken into three distinct parts. The lower portion, approximately 1.1 acres, is flat and buildable. It provides 650 feet of frontage along Wine Country Avenue. The middle portion has a steep 20% grade that separates the lower and upper portions of the property estimated to be 1.29 acres, but provides important driveway access to the upper portion. The driveway varies from a 3% to 6% grade and the elevation gain is approximately 50 feet. The upper portion is flat and is estimated to be about 4.0 acres in size. It is well insulated from traffic and provides spectacular views of the Gorge and Mount Adams. There’s a 2,130-foot improvement located on the upper portion of the property. The structure was built in 1898 and converted from a private residence to commercial mixed-use in the 1970s. It’s currently home to Stonehedge Gardens, a fine-dining, event and catering restaurant on ground level and has one residential apartment unit on the second level. It has an expansive network of terraces including a grotto which are used as event venues. The owners wish to sell the property including its improvements , but retain ownership of their business, Stonehedge Gardens. Although it is not part of this offering, the acquisition of the business can be negotiated separately. The property is currently serviced by city water, Pacific Power (electric), the city’s stormwater system, propane gas, and has its own septic system on site.

Exclusively Listed By

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