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    6800 State Route 89 Ovid, NY 14521

    Sponsored
    For Sale
    $1,195,000

    15-Acre Winery with Lake Views

    Property size:
    4,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 4,000 square foot commercial property, located at 6800 State Route 89 in Ovid, NY, presents a unique opportunity in the heart of the Cayuga Lake Wine Trail. The property encompasses 15.2 acres of picturesque land, including a 6-acre vineyard currently producing Riesling and GewГјrztraminer grapes. The main structure, a charming converted barn, houses a fully operational winery complete with processing and bottling facilities, ample storage, and a welcoming tasting room and retail area. Indoor and outdoor spaces provide versatile options for hosting events, from intimate tastings to larger celebrations. A fully equipped kitchen caters to diverse culinary needs. The property also features a picturesque pond and breathtaking views of Cayuga Lake from multiple locations. This turnkey operation is ideally suited for a wine enthusiast seeking to establish or expand their presence in the renowned Finger Lakes region. The existing infrastructure and established vineyard provide a solid foundation for continued success, allowing for the continuation of the current legacy or the implementation of a new vision. The property's stunning location and versatile amenities offer a rare combination of beauty, functionality, and potential. This is an exceptional opportunity to own a thriving winery in one of New York's premier wine regions.

    Property Features for 6800 State Route 89

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,000 SF
    Lot Size
    662,112 SF

    Building Details

    Year Built
    1964
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Garden Center Wine and Liquor Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ovid
    County
    Seneca
    State
    New York
    Longitude
    -76.74387
    Latitude
    42.69451

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    FAQs

    What type of property is this?
    Commercial real estate - 15-Acre Winery with Lake Views
    Where is this commercial real estate located?
    The property is located at 6800 State Route 89 Ovid, NY.
    What is the asking price?
    The asking price for this property is $1,195,000.
    (217) 285-9000
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    Ovid, NY 14521
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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

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    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
    6800 State Route 89 Ovid, NY 14521
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