400 Academy St, Prospect, NY 13435-3502
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.
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Prospect Falls Winery Brewery & Distillery Specialty Food Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
05 - COMMERCIAL · Prospect, NYProspect. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.