Property profile

4369 Covert Rd Interlaken, NY 14847

OFF-MARKET
Commercial real estate
Built 1973
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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

Location

4369 Covert Rd Interlaken, NY 14847
Interlaken metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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