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    Specialty properties

    5138 Lower Mountain Rd, Lockport, NY 14094

    20,400 SF 114 ac lot Built 2006
    Property ID
    Property summary
    AI-generated overview

    This exceptional 114-acre estate in Lockport, NY, presents a unique investment opportunity. The property boasts a fully operational winery and event center, encompassing three buildings totaling 20,400 square feet. A 13,000+ square foot wine-making facility is complemented by a 5,000 square foot restored timber barn, ideal for weddings and events, and a charming 4-bedroom historic stone house. The expansive grounds include 12 acres of vineyards, a 1,000-tree apple orchard, and an additional 50 acres suitable for planting. A significant advantage is the inclusion of a 21.5-acre developable plot with an associated cannabis distribution license, offering substantial diversification potential. Built in 2006, this property features AC zoning and benefits from established distribution channels for both wine and apples. The existing management and staff are committed to remaining, ensuring a seamless transition for the new owner. This turnkey operation allows for remote ownership, making it an attractive proposition for discerning investors seeking a profitable and historically significant venture. The property's rich history, including connections to the Underground Railroad, adds to its unique appeal. This is a rare chance to acquire a thriving business with multiple income streams and significant future development potential.

    Property profile
    Verified
    Property type Specialty properties
    Year built 2006
    Total area 20,400 SF
    Lot 114 ac (4,965,840 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
    Current use
    Occupant on record · Public records
    • Ava's Table at the Vineyard Take-out & Catering Catering Service
    • Freedom Run Winery Brewery & Distillery Specialty Food Shop
    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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