New

Unique Greenhouse Income Opportunity Or Home Site On Lake

Acreage

13.77 ±

County

Madison

Price

$500,000

Description

Bring your dreams to life with this unique agri-business opportunity in a prime location with a seller willing to hold the mortgage. This highly desirable property is located approximately 3.5 miles from the Village of Hamilton, which was recently named one of the Friendliest Towns in America by Forbes Magazine, and is home to the nationally ranked Liberal Arts College of Colgate University. There are currently 39 20’ wide by up to 200’ long greenhouse structures in place. Operating from June through September, the greenhouses are being used at this time to grow specialty vegetables for the NYC marketplace, with a gross income of approximately $12-15,000 per week. The soil is almost entirely Lordstown Channery Silt Loam 8-15% slope (LsC). Lordstown and Loamy Soil is moderately deep and ideal for most garden plants because it holds plenty of moisture but also drains well, so that sufficient air can reach the roots. With approx. 370 feet of road frontage, there is a farm driveway into the property, and electric is available at the paved, maintained year-round road. The property offers the new owner many viable options: from taking over the existing greenhouse operations... to clearing some or all of the 8+/- tillable acres for another small farm agri-business, or build your new home or vacation getaway with direct access on the Upper Lake Moraine….to creating a camping AirBnB or Retreat with lake access for recreation...or some combination of any of these options! The property has a great location near the Village of Hamilton for amenities as well as area attractions and culture: renowned restaurants and breweries, shopping, culture and performing arts in Hamilton, Syracuse, Clinton/Utica, and Cooperstown, outstanding fishing and boating in numerous lakes and rivers, all well within an approximate hour or less. NYS Lands, Forest, and Wildlife Management areas abound in the surrounding areas. NYC/George Washington Bridge is less than approx. 4 hours. Listing price is based on the package price for the greenhouses and land together. Seller is willing to hold a mortgage for qualified buyers.

Summary

Property

Road Surface

Pavement

Property Type

Recreational Land, Timberland, Hunting Land

Road Frontage

County Road

Address Lake Moraine Road, LOT#WP001 Madison, NY 13402

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Details

Unique agri-business opportunity and/or beautiful home or campsite
Existing business open June through September
Gross income approx. $12,000 - $15,000 per week
Approx. ~1030’ waterfront on Payne Brook & Upper Lake Moraine
39 Greenhouses in place on approx. 8 tillable acres
Predominantly Lordstown Channery Silt Loam Soils (LsC) on 8-15% slope
Currently active speciality vegetable farm business to NYC market
Approx. 370’ road frontage
Located approx. 3.5 miles to Hamilton NY, home of nationally renowned Colgate University
Electric at the paved, year-round road
Area lakes for fishing and water-sports (Lake Moraine, Lebanon and Eatonbrook Reservoirs) approx. 10-15 minutes
Cooperstown and Syracuse - less than approx. one hour, Utica, NY approx. 30 minutes
Manhattan, NYC approx. 3.75 hours