Turnkey Tourism Attraction and
4761 NYS Route 86 Wilmington, NY 12997
4761 NYS Route 86, Wilmington, NY, 12997
$6,900,000
For Sale
$6,900,000
Commercial Sale, Other - Wilmington, NY
Property Size4,200 SF
Lot Size21.09 Acres
Price / SF$1,642
Days on Market133
Property Features for 4761 NYS Route 86
General Information
- Property type
- Commercial Sale
- Property subtype
- Business
- Parking features
- Parking Lot
- Exterior features
- Lighting
- Standard status
- Active
- APN
- 25.-1-11.000
- Lot size
- 21.09 Acres
Utilities
- Heating system
- Electric (Heating), Oil, Other (Heating), Propane (Heating)
- Cooling system
- Ductless, Multi Units, Wall Unit(s)
Building Details
- Year built
- 1980
- Roof type
- Metal
- Architectural style
- Other
Listing Agency
Engel & Völkers Lake Placid
(518) 523-4404
2297 Saranac Ave., Lake Placid, NY
Listed by
Colleen Holmes
(518) 523-4404
Added: Mar 6 Checked: Jul 17 at 7:06 pm
MLS# 177599
Listing URL
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering is a long-established, fully operational, year-round tourism attraction centered on High Falls Gorge. The property spans 21.09 acres and includes more than 2,000 feet of Ausable River frontage with dramatic waterfalls, steel walkways, and renovated bridges designed to support a safe visitor experience across seasons. Recent capital improvements in 2024 exceed $1M and include steel staircases, structural supports, decking, fencing, and an industrial paint restoration.
A 4,200 sq ft lodge includes a gift shop, restrooms, and a fully equipped commercial restaurant. Restaurant seating is provided across indoor, lounge, and outdoor areas, and the operation is supported by ticketed admission, retail/café services, and private events.
The property is positioned adjacent to Whiteface Mountain Ski Resort and minutes to Lake Placid, supporting consistent regional tourism activity.
A 4,200 sq ft lodge includes a gift shop, restrooms, and a fully equipped commercial restaurant. Restaurant seating is provided across indoor, lounge, and outdoor areas, and the operation is supported by ticketed admission, retail/café services, and private events.
The property is positioned adjacent to Whiteface Mountain Ski Resort and minutes to Lake Placid, supporting consistent regional tourism activity.
Key Highlights
- Iconic Adirondack nature attraction and turnkey tourism business with multiple revenue streams.
- Significant 2024 capital improvements exceeding $1M, ensuring durability and reduced maintenance.
- Prime location adjacent to Whiteface Mountain Ski Resort and minutes from Lake Placid, benefiting from year‑round tourism.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Resorts
Similar For Sale Nearby
FAQs
What type of property is this?
Resort - Year-round attraction with river frontage, steel walkways, and an on-site lodge featuring a commercial restaurant, gift shop, and restrooms.
Where is this resort 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: Iconic Adirondack nature attraction and turnkey tourism business with multiple revenue streams.; Significant 2024 capital improvements exceeding $1M, ensuring durability and reduced maintenance.; Prime location adjacent to Whiteface Mountain Ski Resort and minutes from Lake Placid, benefiting from year‑round tourism.
