4671 NY-86 - Specialty FOR SALE


Wilmington, NY 12997
$8,700,000 USD
518-523-4404
4671 NY-86, Wilmington, NY for Sale
$8,700,000 USD
Specialty - FOR SALE
1/12
null | Request Cap Rate

4671 NY-86
Wilmington, NY 12997


OVERVIEW

High Falls Gorge – Adirondack Nature Park & Tourist Attraction – A timeless slice of ancient history and natural splendor in operation for over 72 years. Turnkey year-round profitable business. Safe, educational fun for the whole family. High tourist area in the heart of the Adirondacks with multiple cash revenue streams supplied by ticket entrance sales, gift shop, food and beverage, weddings & events. 22 acre park encompasses over 2,000 feet of waterfront on both sides of the famed West Branch of the Ausable River, 3 steel bridges, 350 feet of steel walkway systems, event venue and manicured trails. Completely surrounded by State Park land, property to the north abuts Whiteface Mountain Ski Resort. 2000 feet of high-visibility road frontage with multiple signage areas, large off-street parking lot. Potential for growth by expanding events and adding interactive visitor experiences. Zoned for hydroelectric production.

FOR SALE DETAILS

PRICE

$8,700,000 USD

PRICE/SF

$2,046 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

High Falls Gorge

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

84

LAND DETAILS

LAND ACRES

20.28 AC

LAND SF

883,374 SF

ZONING

-

APN/PARCEL ID

155400-025-000-0001-011-000-0000

ASK ABOUT THIS PROPERTY

Colleen HolmesE&V Lake Placid Real EstateMore Info
518-523-4404

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Colleen HolmesE&V Lake Placid Real EstateMore Info
518-523-4404

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.