Rare business opportunity with multiple income streams possible $999,000

Commercial Off Market

Rare business opportunity with multiple income streams possible and unbeatable location. Since 1947, the Octagon Farm at Rt 10 and Rt 26 has been home to a number of successful businesses. With an historic, celebrated brick octagon house and multiple buildings on 80+ acres on busy State Highway 10 between Walton and Delhi, the business potential is limitless. Retiring owners are ready to pass this incredible opportunity to new caretakers. - Included for the listing price is the 1855 octagon house with magnificent center octagon staircase, updated electric, 11 1/2 foot ceilings down, 10 1/2 foot ceilings up, five bedrooms, 2 1/2 baths, and a full basement. There is a two story rambling owners apartment in the former cider mill, with 4 bedrooms, 2 baths, new solar panels, big covered deck up, and a semi-finished lower level. There is an additional tenant apartment with 3 more bedrooms, 2 baths next door. And there is a 150X40 barn, a loading dock, 100X40 up, garage, two kitchens, two offices, a handicapped accessible bath, and displays for a rambling country retail space. Additional buildings for storage, feed room, even a loading dock. - - The brick house, one of the biggest octagon homes in the country, has been a successful bed and breakfast and needs cosmetic updating. Brick house well on aquifer feeds the three private residences, with backup from well that serves retail barn. Heat is multiple source - a massive coal furnace in its own outbuilding heats all three residences and the barn, each building has its own backup furnace. Radiant heat in part of owner's residence as well as retail and office barn space. Two septics on residence side, one old, one new being installed in spring 2022 with CWC plan. Outside, 80 acres on both sides of the road, two ponds, an old gravel pit that is in the process of being reclaimed in spring 2022 and could make a great campground, and frontage on the Delaware River on the opposite side of Rt 10 with a four acre building parcel, with remainder to be planted in corn. - - For 2.5M get the entire package including the modern ten room motel on 5 acres. Motel has ten rooms and a lobby, solar hot water, electric heat, and its own well with UV filtration system. Two oil HW heaters, 2 400 amp electric boxes, two washers, two dryers.