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    OFF-MARKET
    Commercial real estate

    4369 Covert Rd, Interlaken, NY 14847

    Built 1973
    Property ID
    Property summary
    AI-generated overview

    This exceptional 70-acre property presents a unique investment opportunity on the renowned Cayuga Lake wine trail. The established Americana Winery, a nationally recognized brand, is the centerpiece, boasting 6.5 acres of grapevines and two picturesque ponds. Multiple revenue streams are generated through the winery's tasting room (complete with a gift shop and private event space), the full-service Crystal Lake Cafe (featuring a covered outdoor area with a fire pit), and a turnkey brewery with a dedicated taproom. The property also includes a large pavilion and stage, ideal for hosting outdoor events. A three-bay heated pole barn, offering ample storage and upstairs space, presents significant potential as a wedding venue. A spacious five-bedroom home with two kitchens is included, providing comfortable living quarters. This turnkey operation offers a rare chance to acquire a well-established and diverse business with significant growth potential in a desirable location. The property's combination of established businesses, event spaces, and residential amenities makes it a truly unique and compelling investment. This is a remarkable opportunity not to be missed.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1973
    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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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