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14630 State Rte 54 Hammondsport, NY 14840-9363

OFF-MARKET Retail space Google Maps
2,525 SF 16.7 ac lot Built 2001
Individually Owned 9-yr Hold
Estimated value (blended)
$280k
Range $252k – $308k (±10%)
Property ID US63-2843982

Property summary

AI-generated overview

This exceptional 34.84-acre property in the heart of New York's Finger Lakes wine region presents a rare opportunity for discerning investors and established vintners. The estate boasts a meticulously maintained 15.5-acre vineyard featuring European vitis vinifera vines, cultivated for over 21 years, producing highly regarded wines. A fully operational tasting room, welcoming visitors with breathtaking Keuka Lake bluff views, is seamlessly integrated with an adjacent, fully equipped production facility, ready for immediate wine production. The sale includes over $100,000 worth of vineyard and winery equipment, along with an established and recognized wine brand, ensuring a smooth transition and immediate revenue generation for the new owner. Adding to the appeal is a comfortable 3-bedroom, 1.5-bathroom home, perfect for an owner or on-site manager. This turnkey operation is poised for continued success and expansion, offering a unique opportunity to acquire a well-established, profitable winery in one of New York's most prestigious wine regions. The property encompasses 2,525 square feet of building space, located at 14630 State Route 54, Hammondsport, NY. This is a truly exceptional opportunity to own a thriving business with significant growth potential in a picturesque setting. The asking price is $2,200,000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2001
Total area 2,525 SF
Lot 16.7 ac (727,452 SF)
Zoning code SC
APN 467600 064.00-01-019.000
UPID US63-2843982

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2016
1 recorded transaction
2016
Price N/A

Zoning & alternative use

SC · Hammondsport, NY

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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