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Property profile & analytics

400 Academy St Prospect, NY 13435

  • Retail space
  • 172 SF
  • 0.27 lot acres
Value Estimation
Location Intelligence
Property ID
US63-5347413
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Prospect Falls Winery / Tourist Attraction / Winery

Property Details for 400 Academy St

Year built
1951
Lot size
0.27 lot acres
Property size
172 SF
Zone code
05 - COMMERCIAL
Property type
Retail space
APN
305889 178.006-1-13
APU
305889178006113

Description

This thriving Adirondack-themed winery, established in 2014, presents a unique investment opportunity in Prospect, NY. Situated on a 0.26-acre lot at 400 Academy Street, the property boasts a 3,870 square foot building encompassing a 1,000 square foot tasting room, a 450 square foot enclosed three-season patio, and a 720 square foot open-air patio complete with a fire pit. The winery enjoys a prime location minutes from Route 12 North and Route 365, just 15 minutes from the Kuyahoora Resort and numerous Airbnbs, ensuring consistent tourist traffic. Currently producing approximately 1,000 cases of wine annually, the existing equipment and experienced winemaker (with 30 years of experience who will remain to assist) allow for significant production expansion—potentially doubling or tripling current output. The winery's success is evident in its strong local and tourist clientele, drawn to its unique setting and seasonal events. Fully handicap accessible, the winery also benefits from its participation in the Oneida County beverage trail, alongside breweries and other wineries. Convenient municipal parking is available across the street, and the property offers street-level loading and unloading with a liftgate. This turnkey operation is offered at $450,000 and includes the existing equipment and inventory. The property is also listed as a separate lot with MLS #1581884.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Prospect
County
Oneida
State
New York
Longitude
-75.1531
Latitude
43.3045
CBSA code
46540
CBSA name
UTICA-ROME, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$5,000
$25,000
$30,000
-
$10,869
$54,348
$65,217
More about this property
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