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    Property profile & analytics
    FOR SALE
    Commercial real estate

    71 Lippincott Rd, Wallkill, NY 12589

    5.5 ac lot
    Entity Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US63-2859173
    Property summary
    AI-generated overview

    This exceptional 8,240 square foot mixed-use property in Wallkill, NY, presents a unique investment opportunity: a thriving, family-owned wedding venue with a 20+ year history. Nestled on a picturesque 14.5-acre lot, the venue boasts beautiful gardens and elegant indoor spaces, providing a stunning backdrop for unforgettable celebrations. The turnkey operation includes all necessary amenities: tables, chairs, lighting, and a fully equipped commercial kitchen, ensuring seamless transitions and continued success. The venue's established reputation and loyal clientele guarantee strong revenue streams and a healthy financial foundation. Numerous glowing testimonials highlight the impeccable service and memorable experiences provided. Beyond weddings, the property offers significant growth potential for expanding services and hosting diverse events. Financial records demonstrate consistent profitability, making this a compelling investment for entrepreneurs seeking a turnkey business with a proven track record and significant upside. This is a chance to acquire not just a business, but a legacy of creating cherished memories for countless couples. The property is priced at $5,000,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 5.5 ac (239,580 SF)
    Zoning code RAG-4
    APN 515200 106.1-2-27.200
    UPID US63-2859173
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Lippincott Realty LLC · 10 yrs held
    Lippincott Realty LLC
    since 2015
    1 recorded transaction
    2015
    $200,000
    Zoning & alternative use
    RAG-4 · Wallkill, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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