4761 NYS Route 86, Wilmington, NY 12997
COMMERCIAL - Wilmington, NY
- Added:
- Oct 29, 2022
- Days on Market:
- 1338
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 4761 NYS Route 86
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Parking features
- Parking Lot
- Exterior features
- Lighting
- Basement
- Full
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- 25.-1-11.000
- Size
- 4,252 SF
- Lot size
- 21.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8364
Utilities
- Heating system
- Oil, Propane (Heating), Electric (Heating)
- Cooling system
- Ductless, Wall Unit(s)
- Water source
- Spring
- Water front
- 1
Building Details
- Year built
- 1980
- Building materials
- Frame, Wood Siding
- Roof type
- Metal
Listing agent Colleen Holmes (518) 524-4759
Listing office Engel & Volkers Lake Placid Real Estate 2297 Saranac Avenue, Lake Placid, NY (518) 523-4404
Listing date Oct 29, 2022
Copyright © 2026 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 22‑acre High Falls Gorge attraction with 2,000+ ft of Ausable River frontage and waterfall/riverwalk infrastructure
- 4,200 SF lodge with gift shop, restrooms, and fully equipped commercial restaurant with indoor, lounge, and outdoor seating
- Over $1M in 2024 capital improvements, including steel staircases, structural supports, decking, fencing, and bridge work
- Attraction supported by steel walkways and renovated bridges designed for visitor use in all seasons
- Year built 1980 structure with frame wood siding and metal roof; electric water heater
- Heating options include oil, propane, and electric; cooling with ductless and wall unit(s); parking lot on site; exterior lighting
Overview
The property is located at 4761 NYS Route 86 in Wilmington, New York, on 21.09 acres with over 2,000 feet of river frontage. The offering is adjacent to Whiteface Mountain Ski Resort and minutes to Lake Placid, positioning it to serve tourism demand throughout the year.
The operation is supported by proven systems and multiple revenue streams, including ticketed admission, retail, cafe services, and private events. Significant 2024 capital improvements exceeding $1M include steel staircases, structural supports, decking, fencing, and an industrial paint restoration program intended to support durability and reduce long-term maintenance. For a buyer looking for immediate continuity, the combination of visitor infrastructure, on-site guest services, and recent reinvestment creates a practical platform for continued operation under new stewardship.
Current Use by Public Records
Map
- City
- Wilmington
- County
- Essex
- State
- New York
- Longitude
- -73.876893
- Latitude
- 44.347565
