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    4761 Nys Route 86 Wilmington, NY 12997

    For Sale
    $8,700,000

    Commercial Sale, Other - Wilmington, NY

    Type:Business
    Lot size:
    21.09 Acres
    Days on Market:
    149
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 4761 Nys Route 86

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    25.-1-11.000
    Parking features
    Parking Lot
    Exterior features
    Lighting
    Lot size
    21.09 Acres

    Utilities

    Heating system
    Electric (Heating), Oil, Other (Heating), Propane (Heating)
    Cooling system
    Ductless, Multi Units, Wall Unit(s)

    Building Details

    Year built
    1980
    Roof type
    Metal
    Architectural style
    Other

    Engel & Völkers Lake Placid (518) 523-4404 [email protected]

    Listing agent Colleen Holmes (518) 523-4404

    Listing date Jul 10, 2025

    MLS# 177599 Listing URL

    Copyright © 2025 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Adirondack Nature Park Tourist Attraction

    This Adirondack nature park and tourist attraction, operating for over 72 years, offers a turnkey, year-round profitable business opportunity. The 22-acre park features over 2,000 feet of waterfront on both sides of the West Branch of the Ausable River, along with 3 steel bridges, 350 feet of steel walkway systems, an event venue, and manicured trails. The property is surrounded by State Park land and abuts Whiteface Mountain Ski Resort to the north. It includes 2,000 feet of high-visibility road frontage with multiple signage areas and a large off-street parking lot. Revenue streams are generated through ticket entrance sales, a gift shop, food and beverage services, and weddings and events. There is potential for growth by expanding events and adding interactive visitor experiences. The property is zoned for hydroelectric production.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Amusement parks

    Map

    City
    Wilmington
    County
    Essex
    State
    New York
    Longitude
    -73.876923
    Latitude
    44.347542

    Nearby Similar for Sale

    • New
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      Iconic Adirondack Nature Attraction

      Turnkey tourism business with waterfalls, restaurant, and retail.
      4761 Nys Route 86, Wilmington, NY 12997
      View Details
    • $8,700,000
      4,252 SF

      High Falls Gorge: Adirondack Gem

      Profitable Turnkey Attraction, 21 Acres
      4761 Nys Route 86, Wilmington, NY 12997
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    FAQs

    What type of property is this?
    Amusement park - Turnkey, profitable Adirondack nature park and tourist attraction for sale.
    Where is this amusement park located?
    The property is located at 4761 Nys Route 86 Wilmington, NY.
    What is the asking price?
    The asking price for this property is $8,700,000.
    What are key features of this property?
    This property features: - Turnkey, profitable year-round business with multiple cash revenue streams (ticket sales, gift shop, food/beverage, events).; - Prime location in the heart of the Adirondacks, a high tourist area, abutting Whiteface Mountain Ski Resort and surrounded by State Park land.; - Extensive infrastructure: 22-acre park with over 2,000 feet of waterfront, 3 steel bridges, 350 feet of steel walkway systems, event venue, and manicured trails.
    (518) 523-4404
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    Wilmington, NY 12997
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4761 Nys Route 86 Wilmington, NY 12997
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