Turnkey Hospitality & Brewery
For Sale
$4,200,000
304 Sutherland Road, Meredith, NY 13757
Estate with restaurant, brewery, event venue, and five turnkey businesses, supported by year-round infrastructure and spring-fed waters.
Property Size12,290 SF
Lot Size107.00 Acres
Price / SF$341.74
Days on Market17
Property Features for 304 Sutherland Road
General Information
Standard status
Active
Size
12,290 SF
Lot size
107.00 Acres
Property subtype
General Commercial
Additional Details
Business Included
Yes
Building Details
Year Built
2006
Listing Agency:
MICHAEL DEROSA EXCHANGE
(315) 532-0793
Listed By:
Michael Hardesty
(315) 532-0793
Source:
Xome
Added: Jul 15
Changed: Jul 19
Last Checked: Jul 31 at 2:58AM
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.
Natural Gardens is a legacy hospitality estate in the Western Catskills offering a restaurant, brewery, event venue, greenhouses, and supporting buildings. The property is described as spanning approximately 107 acres and featuring more than 20 spring-fed ponds, meandering streams, waterfalls, mature woodlands, open meadows, and curated gardens with established ecosystems.
Infrastructure and building systems are positioned for year-round operations, including radiant-heated concrete floors, commercial electrical service with backup generators, multiple heat pumps, engineered septic systems, UV water treatment, and commercial ventilation and fire suppression systems.
The estate is also presented as five established turnkey businesses. An “easy conversion” of the restaurant to a family compound is mentioned as an option, with overall construction and infrastructure intended for long-term durability. The property is located at 304 Sutherland Road, Meredith, NY 13757, and is also noted as Residential MLS#S1697843.
Infrastructure and building systems are positioned for year-round operations, including radiant-heated concrete floors, commercial electrical service with backup generators, multiple heat pumps, engineered septic systems, UV water treatment, and commercial ventilation and fire suppression systems.
The estate is also presented as five established turnkey businesses. An “easy conversion” of the restaurant to a family compound is mentioned as an option, with overall construction and infrastructure intended for long-term durability. The property is located at 304 Sutherland Road, Meredith, NY 13757, and is also noted as Residential MLS#S1697843.
Key Highlights
- Approximately 107 acres in the Western Catskills with 20+ spring‑fed ponds, meandering streams, and panoramic mountain views
- Built in 2006 with metal roof and radiant‑heated concrete floors
- Infrastructure includes commercial electrical service with backup generators, multiple heat pumps, engineered septic, and UV water treatment
Financial Insights For Specialty 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 | $265.5k | $21.60 |
| − Vacancy | −$11.1k | −$0.91 |
| EGI | $254.3k | $20.69 |
| − OpEx | −$63.6k | −$5.17 |
| NOI | $190.7k | $15.52 |
12,290 SF · lease $21.60/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.72M
$2.38M – $3.18M
NOI $190,736 @ 7.0% cap · market cap 4.54%
Second Best
Industrial
$1.65M
$1.44M – $1.92M
NOI $115,459 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$6.03M
$5.28M – $7.03M
NOI $422,088 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Resort - Estate with restaurant, brewery, event venue, and five turnkey businesses, supported by year-round infrastructure and spring-fed waters.
Where is this resort located?
The property is located at 304 Sutherland Road Meredith, NY.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Approximately 107 acres in the Western Catskills with 20+ spring‑fed ponds, meandering streams, and panoramic mountain views; Built in 2006 with metal roof and radiant‑heated concrete floors; Infrastructure includes commercial electrical service with backup generators, multiple heat pumps, engineered septic, and UV water treatment
