$5,750,000
5480 Tacoma Avenue
Mayer, MN 55360
MLS# 6247618
Status: Closed



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Property Description
Welcome to the breathtaking Ashery Lane Farm where elegance meets country! This 64 acre exquisite vineyard, orchard and premier Twin Cities event space is located on some of Minnesota’s finest soils formed by glaciers 10,000 years ago. The orchard is home to 12,000 apple trees. Varieties including SweeTango, Honeycrisp, Zestar!, Wealthy, Cortland and Haralson. The vineyard produces grapes to 2 distinct white wines; the Frontenac Blanc variety and Itasca variety. While not currently making wine, all of the grapes are slated to be sold to MN wineries. Whether hosting a board of directors or your future in-laws, the space happily accommodates corporate groups or family celebrations, and most everything in between. The venue is set to accommodate all meeting/event needs with first class catering options to on-site entertainment. Enjoy wagon rides throughout the orchard, seasonal apple picking and DIY floral arranging, cider tastings, horticultural educational seminars, & bocce ball.

Details
Maps
Documents
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2023-02-08
Current Price: $5,750,000
Closed Date: 2023-02-24
Sales Close Price: 5750000
Contingency: None
ListPrice: 5545000
List Date: 2022-08-18
Office/Member Info
Association: MAAR
MLSID: RMLS
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 220
Owner Occupied: No
Year Built: 2018
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Single Family
Lot Dimensions: 942x2427x933x2246
Acres: 51.68
Foundation Size: 18992
Garage Stalls: 8
For Sale or Lease: For Sale
Location, Tax and Other Information
Legal Description: P/O NE1/4 DESC AS: BEG AT NE CORN NE1/4 TH S ON E LINE 905.81' TH W 1120' TH S87*W 1340.87' TO E LINE OF W 10 AC OF NE1/4 E LINE OF SAID 10 AC SHALL BE PARALLEL WITH W LINE OF NE1/4 TH N ON E LINE 968
Listing City: Mayer
Map Page: 114
Municipality: Mayer
Rental License?: No
School District: Watertown-Mayer
School District Phone: 952-955-0480
Map Coordinate Source: RETS
Zip Plus 4: 4193
Property ID Number: 060350313
Tax Year: 2021
Tax Amount: 3042
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Welcome to the breathtaking Ashery Lane Farm where elegance meets country! This 64 acre exquisite vineyard, orchard and premier Twin Cities event space is located on some of Minnesota’s finest soils formed by glaciers 10,000 years ago. The orchard is home to 12,000 apple trees. Varieties including SweeTango, Honeycrisp, Zestar!, Wealthy, Cortland and Haralson. The vineyard produces grapes to 2 distinct white wines; the Frontenac Blanc variety and Itasca variety. While not currently making wine, all of the grapes are slated to be sold to MN wineries. Whether hosting a board of directors or your future in-laws, the space happily accommodates corporate groups or family celebrations, and most everything in between. The venue is set to accommodate all meeting/event needs with first class catering options to on-site entertainment. Enjoy wagon rides throughout the orchard, seasonal apple picking and DIY floral arranging, cider tastings, horticultural educational seminars, & bocce ball.
Directions: Highway 7 to Tacoma Avenue
Accessible
Door Lever Handles: 1
Doors 36"+: 1
Fully Wheelchair: 1
Hallways 42"+: 1
Air Conditioning
Central Air: 1
Ductless: 1
Amenities Shared
Common Garden: 1
Concrete Floors & Walls: 1
Deck: 1
Fire Sprinkler System: 1
In-Ground Sprinkler System: 1
Porch: 1
Amenities Unit
Cable: 1
Ceiling Fan(s): 1
Deck: 1
Ethernet Wired: 1
French Doors: 1
Hardwood Floors: 1
In-Ground Sprinkler: 1
Kitchen Window: 1
Main Floor Primary Bedroom: 1
Natural Woodwork: 1
Paneled Doors: 1
Panoramic View: 1
Porch: 1
Satellite Dish: 1
Security Lights: 1
Security System: 1
Skylight: 1
Tile Floors: 1
Vaulted Ceiling(s): 1
Washer/Dryer Hookup: 1
Appliances
Air-To-Air Exchanger: 1
Central Vacuum: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Freezer: 1
Fuel Tank - Rented: 1
Gas Water Heater: 1
Microwave: 1
Range: 1
Refrigerator: 1
Tankless Water Heater: 1
Washer: 1
Water Filtration System: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 3042
Basement
Egress Windows: 1
Full: 1
Storage Space: 1
Building Information
Building Finished SqFt: 16632
Building SqFt: 16632
Ceiling Height: Varied Heights
Construction Materials
Concrete: 1
Timber/Post & Beam: 1
Construction Status
Previously Owned: 1
Existing Financing
Conventional: 1
Exterior
Steel Siding: 1
Wood: 1
Fencing
Partial: 1
Split Rail: 1
Financing Terms
Cash: 1
Flooring
Carpet: 1
Concrete Slab: 1
Floor Drains: 1
Tile: 1
Vinyl/Linoleum: 1
Fuel
Propane: 1
Heating
Forced Air: 1
In-Floor Heating: 1
Internet Options
Fiber Optic: 1
Lease Details
Land Leased: Not Applicable
Monthly Land Lease Amt: 0
Lot Description
Irregular Lot: 1
Suitable for Horses: 1
Tillable: 1
Tree Coverage - Medium: 1
Vineyard: 1
Miscellaneous Information
2+ Lavatories: 1
Alarms: 1
Building Sign: 1
Delivery Door: 1
Homestead: No
Kitchen Facilities: 1
Out Buildings: 1
Overhead Doors: 1
Three Phase: 1
Owner Pays
All Utilities: 1
Broadband: 1
Electricity: 1
Fuel: 1
Insurance: 1
Janitorial Service: 1
Lawn: 1
Maintenance/Repair: 1
Snow Removal: 1
Taxes: 1
Trash Collection: 1
Water: 1
Ownership
Fractional Ownership: No
Pool Description
None: 1
Public Survey Info
Range#: 26
Section#: 35
Township#: 117
Road Frontage
Highway: 1
Paved Streets: 1
Township: 1
Unpaved Streets: 1
Road Responsibility
Public Maintained Road: 1
Road Maintenance Agreement: 1
Roof
Age 8 Years or Less: 1
Asphalt Shingles: 1
Metal: 1
Pitched: 1
Sale Options
Sale Includes: Building, Business Assets, Business, Fixture/Equipment, Land, Leases, Liquor License
Sewer
Mound Septic: 1
Private Sewer: 1
Tank with Drainage Field: 1
Stories
Two: 1
Topography
Meadow: 1
Pasture: 1
Level: 1
Rolling: 1
Unit 1
Lease Expiration Date: 2022-09-07
Leased?: No
Unit Number: 5570
Monthly Rent: 1750
Full Baths: 2
Half Baths: 1
Three-Quarter Baths: 1
Total Bathrooms: 4
Total Bedrooms: 4
Total Rooms: 15
Unit Total SqFt: 6000
No. of 1 Bedroom Units: 1
Unit Details
Total Units: 7
Wall Description
Concrete/Block: 1
Drywall: 1
Insulated: 1
Wood: 1
Water
Well: 1
Window Features
Insulated Windows: 1
Income and Expenses
Annual Electric Expense: 10800
Annual Fuel Expense: 750
Annual Gross Expenses: 314697
Annual Gross Income: 497420
Annual Insurance Expense: 5500
Annual Maintenance Expense: 6000
Annual Net Income: 446596
Annual Trash Expense: 1560
Total Annual Expenses: 314697
No. of Ranges
One: 1
No. of Refrigerators
Three: 1
Tenant Pays
Taxes: 1
Unit 2
No. of 2 Bedroom Units: 1
Unit 3
No. of 3 Bedroom Units: 1
On Site Utilities
Electric Separate: 1
Heating Separate: 1
Hot Water Separate: 1
CMU Style
Business Opportunity: 1
Mixed Use: 1
Other: 1
Commercial Kitchen Appliances
Ice Machine: 1
Other: 1
Refrigerator: 1
Current Use
Event Space: 1
Food Service: 1
Professional Service: 1
Vineyard: 1
Loan Terms
Cash: 1
Conventional: 1
Location Description
Free Standing: 1
Other/See Remarks: 1
Overhead Door Clearance
0-9 Feet: 1
10-14 Feet: 1
Location Tax and Other Information
House Number: 5480
Street Name: Tacoma
Street Suffix: Avenue
Postal City: Mayer
County: Carver
State: MN
Zip Code: 55360
Property Features
Accessible: Door Lever Handles; Doors 36"+; Fully Wheelchair; Hallways 42"+
Air Conditioning: Central Air; Ductless
Amenities Shared: Common Garden; Concrete Floors & Walls; Deck; Fire Sprinkler System; In-Ground Sprinkler System; Porch
Amenities Unit: Cable; Ceiling Fan(s); Deck; Ethernet Wired; French Doors; Hardwood Floors; In-Ground Sprinkler; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Paneled Doors; Panoramic View; Porch; Satellite Dish; Security Lights; Security System; Skylight; Tile Floors; Vaulted Ceiling(s); Washer/Dryer Hookup
Appliances: Air-To-Air Exchanger; Central Vacuum; Dishwasher; Disposal; Dryer; Freezer; Fuel Tank - Rented; Gas Water Heater; Microwave; Range; Refrigerator; Tankless Water Heater; Washer; Water Filtration System
Basement: Egress Windows; Full; Storage Space
CMU Style: Business Opportunity; Mixed Use; Other
Commercial Kitchen Appliances: Ice Machine; Other; Refrigerator
Construction Materials: Concrete; Timber/Post & Beam
Construction Status: Previously Owned
Current Use: Event Space; Food Service; Professional Service; Vineyard
Existing Financing: Conventional
Exterior: Steel Siding; Wood
Fencing: Partial; Split Rail
Financing Terms: Cash
Flooring: Carpet; Concrete Slab; Floor Drains; Tile; Vinyl/Linoleum
Fuel: Propane
Heating: Forced Air; In-Floor Heating
Internet Options: Fiber Optic
Loan Terms: Cash; Conventional
Location Description: Free Standing; Other/See Remarks
Lot Description: Irregular Lot; Suitable for Horses; Tillable; Tree Coverage - Medium; Vineyard
Miscellaneous Information: 2+ Lavatories; Alarms; Building Sign; Delivery Door; Kitchen Facilities; Out Buildings; Overhead Doors; Three Phase
On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate
Overhead Door Clearance: 0-9 Feet; 10-14 Feet
Owner Pays: All Utilities; Broadband; Electricity; Fuel; Insurance; Janitorial Service; Janitorial Service; Lawn; Lawn; Maintenance/Repair; Snow Removal; Taxes; Trash Collection; Water
Pool Description: None
Road Frontage: Highway; Paved Streets; Township; Unpaved Streets
Road Responsibility: Public Maintained Road; Road Maintenance Agreement
Roof: Age 8 Years or Less; Asphalt Shingles; Metal; Pitched
Sewer: Mound Septic; Private Sewer; Tank with Drainage Field
Stories: Two
Tenant Pays: Taxes
Topography: Meadow; Pasture; Level; Rolling
Wall Description: Concrete/Block; Drywall; Insulated; Wood
Water: Well
Window Features: Insulated Windows

IDX
Listing Office: eXp Realty

Last Updated: August - 07 - 2025

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