Keuka Lake Turnkey Vineyard
14630 State Rte 54 Hammondsport, NY 14840
For Sale
Contact for pricing
33.64 acres with tasting room, production, and equipment.
Property Size6,800 SF
Lot Size33.64 Acres
Price / SF$286.76
Days on Market72
Property Features for 14630 State Rte 54
General Information
- Standard status
- Active
- Size
- 6,800 SF
- Lot size
- 33.64 Acres
- Property subtype
- RETAIL
Listing Agency:
Cushman & Wakefield | Pyramid Brokerage - Corning \ Elmira
(607) 738-8458
Listed By:
Michael Manzari, SIOR, CCIM
(607) 738-8458
Source:
Moodyscre
Added: May 15
Changed: Jul 10
Last Checked: Jul 21 at 6:22AM
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 Cushman & Wakefield | Pyramid Brokerage - Corning \ Elmira
Investment Insights
Based on property information with market context.
This turnkey vineyard operation, situated on 33.64 acres overlooking Keuka Lake, presents an opportunity for a winery owner or winemaker. The current owners are willing to assist with the transition and training of new ownership, if desired. Included in the sale is the Agicolae brand and remaining inventory. The property features a 2,500 square foot two-story building with a tasting room, retail store, small prep kitchen, and outdoor patios offering scenic views of Keuka Lake. A large landscaped yard is suitable for events, and a 2-car detached garage is also present. Additional buildings at another location total 4,300 square feet and include a production area, storage, lab area, and canopies. The sale includes equipment such as a Willmes press, compressor, Amos conveyor, Crusher/Destemmer, tanks of various sizes, and lab equipment. The vineyards span 15.97 acres and consist of 11 varieties, including Riesling, Chardonnay, Cabernet Franc, Sauvignon, and vinifera grapes. Notably, this vineyard features the first plantings of Sauvignon vines in the northeast. Vineyard equipment such as a mower, trailers, tractor, disc, case sprayer, and fertilizer spreader are also included.
Key Highlights
- Turnkey winery operation overlooking Keuka Lake with established Agicolae brand and existing inventory included.
- 15.97 acres of vineyards with 11 varieties, including Riesling, Chardonnay, Cabernet Franc, Sauvignon, and vinifera grapes, plus vineyard equipment.
- 4,300sf +/- of buildings for production, storage, and lab space, along with included winemaking equipment (press, tanks, crusher/destemmer, etc.).
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $97.9k | $14.40 |
| − Vacancy | −$4.1k | −$0.60 |
| EGI | $93.8k | $13.80 |
| − OpEx | −$28.1k | −$4.14 |
| NOI | $65.7k | $9.66 |
6,800 SF · lease $14.40/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$938.1K
$820.8K – $1.09M
NOI $65,665 @ 7.0% cap · market cap 3.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.66M
$1.45M – $1.93M
NOI $116,042 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Vineyards
FAQs
What type of property is this?
Vineyard - 33.64 acres with tasting room, production, and equipment.
Where is this vineyard located?
The property is located at 14630 State Rte 54 Hammondsport, NY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Turnkey winery operation overlooking Keuka Lake with established Agicolae brand and existing inventory included.; 15.97 acres of vineyards with 11 varieties, including Riesling, Chardonnay, Cabernet Franc, Sauvignon, and vinifera grapes, plus vineyard equipment.; **4,300sf +/- of buildings for production, storage, and lab space**, along with included winemaking equipment (press, tanks, crusher/destemmer, etc.).
