Property summary
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
VerifiedCap rate & NOI
Current use
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Brewery & Distillery Specialty Food Shop
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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