Prominent American distillery sells a building amid a full-blown saga

The Nearest Green Distillery saga has taken a new turn: the distillery has put its Martha’s Vineyard property up for sale. Several offers came in right away, and the ball around the sale is already rolling.

Whiskey brand Uncle Nearest has been locked in a legal battle for months, and it only seems to be escalating. Now, instead of a comma, it looks like a full stop may be coming to the story. The distillery appears to have sold its property on Martha’s Vineyard.

The sale follows the brand’s financial troubles; since August 2025 it has been under court supervision due to more than $100 million in loans and outstanding payables.

The American distillery’s property was listed on January 26 for $2,595,000. On February 18, an offer came in for the full asking price, contingent on inspection and partial financing.

In addition, two backup bids have been submitted, also at the full asking price. That makes it as good as certain the building will be sold.

This is not the distillery itself, but an additional building used for marketing and promotional purposes. As such, the property played no operational role in the company’s core activities. The transfer is scheduled for March 19.

Although the property is as good as sold, it remains the subject of legal wrangling. The location was already cited in the original lawsuit filed by lender Farm Credit Mid-America.

The lender claims that $2.3 million was borrowed to purchase the property. According to the complaint, the real estate was acquired through a separate LLC and later re-mortgaged with another lender, which would violate existing loan agreements.

In a separate response dated February 26, the Weavers dispute the legitimacy of the sale. They argue the property is not part of the loan’s collateral. Keith Weaver states he purchased the real estate personally and not on behalf of the company. Documentation supporting this, they say, was previously provided to Farm Credit Mid-America.

Although the Weavers refuse to consent to the sale, that does not constitute a direct legal barrier. The final decision lies with the court, which is expected to rule soon on expedited approval of the transaction.

Want to read more about the Uncle Nearest saga? You can find it here.