Riverfront Recreation Land with
For Sale
$6,900,000
4761 Nys Route 86, Wilmington, NY 12997
A year-round visitor attraction combines riverfront walkways, a lodge, dining, retail, and event facilities.
Property Size4,252 SF
Price / SF$1,622
Days on Market1461
Property Features for 4761 Nys Route 86
General Information
Standard status
Active
Size
4,252 SF
Property subtype
Commercial
Zoning
Commercial
Taxes and HOA fees
Annual Taxes
$8,364
Amenities
Lighting
Building Details
Building Size
4,252 SF
Year Built
1980
Listing Agency:
Engel & Volkers Lake Placid Real Estate
(518) 523-4404
Listed By:
Colleen Holmes
(518) 524-4759
Source:
Sayrealestate
Added: Oct 29, 2022
Changed: Oct 26
Last Checked: Oct 26 at 4:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Engel & Volkers Lake Placid Real Estate
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Investment Insights
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This 22-acre recreation property follows the Ausable River, with more than 2,000 feet of river frontage and waterfalls reached by steel walkways. Renovated bridges, steel staircases, structural supports, decking, and fencing are among the site improvements completed in 2024. The property also includes a lodge with a gift shop, restrooms, and a commercial restaurant offering indoor, lounge, and outdoor seating.
The attraction operates year-round and includes ticketed admission, retail, café service, and private events. It is adjacent to Whiteface Mountain Ski Resort and a short drive from Lake Placid. The property is zoned Commercial.
The attraction operates year-round and includes ticketed admission, retail, café service, and private events. It is adjacent to Whiteface Mountain Ski Resort and a short drive from Lake Placid. The property is zoned Commercial.
Key Highlights
- 22 acres with over 2,000 feet of Ausable River frontage
- Waterfalls, steel walkways, and renovated bridges
- 2024 improvements include steel staircases, structural supports, decking, and fencing
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Current Use
Location Intelligence
Trade Area within ½ mile
5
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Business Placement
Demographics for 12997, NY
1,139
Population
818
Households
1.4
Avg Household Size
51
Median Age
31%
College-Educated
96%
High-School Grad
65.2 sq mi
ZIP Area
17
Density / Sq Mi
$80,568
Median Household Income
$53,189
Median Earnings
$1,095
Median Rent
$272,800
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Recreation land - A year-round visitor attraction combines riverfront walkways, a lodge, dining, retail, and event facilities.
Where is this recreation land located?
The property is located at 4761 Nys Route 86 Wilmington, NY.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: 22 acres with over 2,000 feet of Ausable River frontage; Waterfalls, steel walkways, and renovated bridges; 2024 improvements include steel staircases, structural supports, decking, and fencing
