magazine options
Find a Local Agent
Advertisements
4761 Nys Route 86
Wilmington, NY 12997
MLS# 177599 ID: 78688321
4252 sq.ft.
$10,278,599
Print
Property Description
Commercial Sale, Other - Wilmington, NY High Falls Gorge is a private nature park and tourist attraction located within the forever-wild Adirondack State Park in Upstate New York. This is a turnkey year-round profitable business providing safe, educational fun for the whole family. Open year-round with close to 70,000 visitors a year. It’s strategically positioned along a beautiful scenic route in the heart of the Adirondacks situated between the Olympic Village of Lake Placid and the Olympic Ski Resort Whiteface Mountain. This 22 acre park encompasses over 2,000 feet of waterfront on both sides of the famed West Branch of the Ausable River. The property is completely surrounded by State Park land and to the north it abuts Whiteface Mountain Ski Resort. The 4,200 sq ft two-story Adirondack Style Main Lodge features a large gift shop, restaurant café and bar with seating for 46 and a fully equipped commercial kitchen. Outdoors you’ll find the Woodlands Event and Wedding Venue with everything you need for catering large scale events. Along the riverbank there’s 3 steel bridges with 350 feet of steel walkway systems and manicured trails showcasing 4 spectacular waterfalls flowing over ancient granite cliffs with lookout stations and educational signage to stop and take in ancient history. The Adirondack Region has been a popular global tourist destination for generations and is widely known for its natural beauty, first-class outdoor recreation, history and family-friendly activities. New York State has recently invested hundreds of millions of dollars in our Olympic Venues ensuring our reputation is alive for decades to come. High Falls Gorge has great potential for growth and expansion in hosting events or adding interactive visitor experiences such as ropes courses. The property is also zoned for hydroelectric production which has untapped potential. Since the 1890s the land was leased until 2001 when it was purchased from a public entity, essentially securing the business for
Property Features
Status
Days On Market 95 days
Last Updated February 1, 2023
Market Status Available
Description
Property Type Commercial
Year Built 1980
Approx. Lot Size 21.09 Acres
Sq. Feet 4252
Building Features
Cooling System Wall Unit(s) A/C
Roof Metal
Heating Fuel Electric; Oil
Listing Features
Property Type Commercial; Commercial
Lot Features
Waterfront
Type of View
Water View
Offered By:
Colleen Holmes
Engel & Volkers Lake Placid

Data Provided by Engel & Volkers

Advertisements