Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Building Details

Year Built 2006

Abandoned No

Listing Agency: MICHAEL DEROSA EXCHANGE

Listed By: Michael Hardesty, Michael DeRosa · License #10401348318 Show Phone

Source: Countryboyrealty

Added: Aug 17 Changed: Oct 14 Last Checked: Oct 7 at 2:39PM

Report an Issue

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 MICHAEL DEROSA EXCHANGE

Investment Insights

Based on property information with market context.

This 2006-built brewery estate combines a brewery, restaurant, event venue, greenhouses, and additional supporting buildings across an approximately 107-acre property. The grounds include more than 20 spring-fed ponds, streams, waterfalls, stone walls, bridges, curated gardens, mature woodlands, open meadows, and mountain views. Five established businesses operate within the estate.

The improvements include radiant-heated concrete floors, commercial electrical service, backup generators, multiple heat pumps, engineered septic systems, UV water treatment, commercial ventilation, and fire suppression systems. The property is situated in the Western Catskills and has access to nearby snowmobile trails, supporting year-round use across the estate’s commercial and hospitality components.

Key Highlights

• Approximately 107 acres in the Western Catskills
• More than 20 spring‑fed ponds, plus streams and waterfalls
• Brewery, restaurant, event venue, greenhouses, and supporting buildings

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$190,736

Cap Rate

5.02%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,814,720 $3.8M

Cap Rate 7%

$2,724,800 $2.7M

Cap Rate 9%

$2,119,289 $2.1M

Is this asking price fair?

Market Conditions

NOI Build-Up for 12,290 SF

Gross rent

$265.5K $21.60/SF

− Vacancy

−$11.1K −$0.91/SF

EGI

$254.3K $20.69/SF

− OpEx

−$63.6K −$5.17/SF

NOI

$190.7K $15.52/SF

Area

Delaware County, NY

Vacancy

4.20%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,814,720

Cap Rate 7%

$2,724,800

Cap Rate 9%

$2,119,289

Alternative Uses

Best Use

Specialty Retail

$2.72M

$2.38M – $3.18M (±1% cap)

NOI $190,736 @ 7.0% cap · market cap 5.02%

Second Best

Industrial

$1.65M

$1.44M – $1.92M (±1% cap)

NOI $115,459 @ 7.0% cap · market cap 3.04%

Theoretical Best

Office A

$6.03M

$5.28M – $7.03M (±1% cap)

NOI $422,088 @ 7.0% cap · market cap 11.11%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Breweries

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Big Box & Wholesale Store Pet Store Bed & Breakfast Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

5

Businesses Nearby

Explore this area Business Placement

Demographics for 13757, NY

1,002

Population

675

Households

1.5

Avg Household Size

48

Median Age

27%

College-Educated

92%

High-School Grad

35.6 sq mi

ZIP Area

28

Density / Sq Mi

$72,557

Median Household Income

$33,542

Median Earnings

$1,345

Median Rent

$209,600

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Frequently Asked Questions

What type of property is this?

Brewery - Four-season commercial estate with a brewery, restaurant, event venue, greenhouses, and supporting buildings.

Where is this brewery located?

The property is located at 304 Sutherland Rd Meredith, NY.

What is the asking price?

The asking price for this property is $3,800,000.

What are key features of this property?

This property features: Approximately 107 acres in the Western Catskills; More than 20 spring‑fed ponds, plus streams and waterfalls; Brewery, restaurant, event venue, greenhouses, and supporting buildings