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Property profile

248 County Road 1 Chenango Forks, NY 13746

OFF-MARKET
Specialty properties
View Sample
1,550 SF

Property summary

AI-generated overview

This exceptional 5.01-acre property in Chenango Forks, NY, presents a unique investment opportunity. The existing 1,550 square foot post-and-beam structure boasts high ceilings, a poured concrete walk-out basement, and a large 60x40 deck overlooking scenic Chenango County hills. Perfectly suited for a variety of commercial uses, the property has successfully hosted numerous events, including wine tastings, live music, and private parties. Existing infrastructure includes an outdoor bar, picnic tables, a walk-in cooler, and retail displays. Ample parking (over 50 spots) and space for event tents ensure seamless guest access. Located just a mile from Route 12 and 15 minutes from Binghamton, this property offers convenient access and significant potential. The expansive lot allows for future expansion, including additional buildings or landscaping features. Priced at $325,000, this turnkey operation is ready for its next chapter. The property's zoning allows for both commercial and potential residential development. The location offers a blend of rural tranquility and convenient access to urban amenities. This versatile property is an ideal investment for entrepreneurs seeking a unique and established business opportunity or those looking to create a custom residential retreat. The existing infrastructure minimizes start-up costs, allowing for immediate revenue generation or personalized development.

Property profile

Verified
Property type Specialty properties
Total area 1,550 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Brewery & Distillery Specialty Food Shop

Value estimations

Realmo proprietary · 4 methods
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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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