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    14630 State Route 54 Hammondsport, NY 14840

    For Sale
    $2,200,000

    Turnkey Winery, 34 Acres, NY

    Property size:
    2,525 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 34.84-acre property in Hammondsport, NY, presents a unique investment opportunity in the heart of the Finger Lakes wine region. The offering includes a fully operational winery with a well-established tasting room, a fully equipped production facility, and over 21 years of history producing highly regarded wines. The sale encompasses a recognized wine brand, current inventory, and over $100,000 worth of vineyard and winery equipment. The meticulously maintained vineyard features European vitis vinifera vines. Adding to the appeal is a charming 3-bedroom, 1.5-bathroom home, perfect for an owner or on-site manager. The property boasts stunning views of Keuka Lake's bluff and is situated on 2,525 square feet of land. This turnkey operation is poised for continued success and expansion, making it an ideal acquisition for investors seeking to enter or expand their presence in New York's prestigious wine industry. The asking price is $2,200,000. This is a rare chance to acquire a profitable, established winery with significant assets and a strong reputation.

    Property Features for 14630 State Route 54

    General Information

    Property type
    Land
    Square Feet
    2,525 SF
    Lot Size
    1,517,630 SF

    HighLights

    • 34.84‑acre winery in Hammondsport, NY, in the Finger Lakes wine region.
    • Turnkey operation includes a winery with tasting room, production facility, and established wine brand.
    • Includes over $100,000 of equipment, current inventory, and meticulously maintained vineyard with European vitis vinifera vines.
    • Features a 3‑bedroom, 1.5‑bathroom home.
    • $2,200,000 asking price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Hotel & Motel Bar & Pub Bed & Breakfast Wine and Liquor Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hammondsport
    County
    Steuben
    State
    New York
    Longitude
    -77.1715228
    Latitude
    42.4333512

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    FAQs

    What type of property is this?
    Land - Turnkey Winery, 34 Acres, NY
    Where is this land located?
    The property is located at 14630 State Route 54 Hammondsport, NY.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: 34.84-acre winery in Hammondsport, NY, in the Finger Lakes wine region.; Turnkey operation includes a winery with tasting room, production facility, and established wine brand.; Includes over $100,000 of equipment, current inventory, and meticulously maintained vineyard with European vitis vinifera vines.
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    Hammondsport, NY 14840
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14630 State Route 54 Hammondsport, NY 14840
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