www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31686165
31686166

877 State Fair Blvd, Solvay, NY 13209

HUNT Commercial
Listed by HUNT Commercial
$650,000
52 days on market
Updated 52 days ago

Lakeland Winery

Details
APN 313289-023-000-0011-002-000-0000
Property Type Business for Sale
Sub Type Business and Building
Square Footage 2,490
Units 1
Cap Rate 13.59%
NOI $88,356
Tenancy Single
Price per SqFt $261
Class C
Year Built 1960
Stories 1
Acreage 0.260
Zoning 05 - Commercial Business District
Parking Spaces 10 spaces
Parking Per SqFt 4.02
Investment Type Owner/User
Ceiling Height 15'

Business opportunity- Sale includes Business/Assets and Real Estate with Assumable SBA Loan 3.75%!

Marketing description

Lakeland Winery - Turnkey Winery, Tasting Room & Real Estate Opportunity

Exceptional opportunity to acquire a fully operational boutique winery and tasting room with real estate included, located on highly visible State Fair Boulevard near the New York State Fairgrounds. This established operation offers retail wine sales, tastings, and limited distribution, supported by strong local traffic and seasonal tourism.

The offering includes a ~2,490 SF commercial building on 0.26 acres, outfitted with all necessary winemaking equipment, fixtures, and tasting room improvements, allowing for a seamless transition to new ownership. The business presents stable revenue with upside potential through expanded marketing, events, wholesale channels, and extended hours.

Attractive financing component: the seller has an assumable SBA loan of approximately $275,000 at 3.75%, providing a compelling low-rate financing advantage for qualified buyers.

Ideal for an owner-operator or investor seeking entry into the growing craft beverage sector, this is a turnkey opportunity with brand presence, existing inventory, and operational infrastructure in place. Inventory to be transferred separately at closing.

Strong visibility, favorable financing, established operations, and growth potential make this a compelling acquisition in the Central New York market.

Investment highlights

  • Exceptional opportunity to acquire a fully operational boutique winery and tasting room with real estate included, located on highly visible State Fair Boulevard near the New York State Fairgrounds
  • This established operation offers retail wine sales, tastings, and limited distribution, supported by strong local traffic and seasonal tourism
  • The offering includes a ~2,490 SF commercial building on 0.26 acres, outfitted with all necessary winemaking equipment, fixtures, and tasting room improvements, allowing for a seamless transition to new ownership
  • The business presents stable revenue with upside potential through expanded marketing, events, wholesale channels, and extended hours
  • Attractive financing component: the seller has an assumable SBA loan of approximately $275,000 at 3.75%, providing a compelling low-rate financing advantage for qualified buyers
  • Ideal for an owner-operator or investor seeking entry into the growing craft beverage sector, this is a turnkey opportunity with brand presence, existing inventory, and operational infrastructure in place
  • Inventory to be transferred separately at closing
  • Strong visibility, favorable financing, established operations, and growth potential make this a compelling acquisition in the Central New York market

Listing Contacts

HUNT Commercial
Listed by HUNT Commercial

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$88,356.00
$7,363.00/mo

Valuation Metrics

0
DSCR
13.59%
Cap Rate
13.59%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591