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    OFF-MARKET
    Commercial real estate

    Covert Rd, Interlaken, NY 14847

    5,106 SF 29.5 ac lot Built 2016
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5,106 square foot commercial property, nestled on nearly 30 acres overlooking Cayuga Lake, presents a lucrative investment opportunity. Located on Route 89 in Interlaken, NY, at the heart of the Cayuga Wine Trail, this established winery, Shepherdess Cellars, boasts a stunning tasting room featuring a custom-built bar, ample seating both indoors and outdoors, and a dedicated merchandise area. The property includes three restrooms and a well-equipped office. A comprehensive production facility is also on-site, complete with all necessary equipment (a detailed inventory is available). The winery sources fruit from local growers, reflecting a commitment to producing high-quality, regionally representative wines. Financial information will be provided to qualified buyers upon execution of a non-disclosure agreement. The property's picturesque setting and established reputation within the thriving Finger Lakes wine region make this a truly unique and promising venture. The stunning lake views add to the overall appeal, creating an idyllic setting for wine tasting and events. This turnkey operation is ready for a new owner to continue its success story. The property's size and location offer significant potential for expansion and further development.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2016
    Total area 5,106 SF
    Lot 29.5 ac (1,285,020 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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