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Baxter Mountain Tavern 10050 State 9N hwy 4,824 SF 100% Leased Retail Building Keene, NY 12942 $745,000 ($154.44/SF)



Investment Highlights
- Over $400,000 in recent renovations
- Additional opportunity for a one bedroom apartment and separate building lot
- Large industrial kitchen
Executive Summary
An iconic Adirondack institution, Baxter Mountain Tavern has served as a gathering place for locals and visitors alike for generations, and now, with over $400,000 in recent renovations, it is positioned for its next chapter. This fully turnkey commercial opportunity sits on ±9 acres in the heart of Keene, with the kind of setting and structure that are genuinely difficult to replicate.
The renovations are comprehensive: a new fireplace anchors the dining room with warmth and character, a bar and bar dining area with inviting, intimate lighting and dark wood, and both the interior and exterior have been thoughtfully updated throughout. The result is a property that feels entirely refreshed while honoring the tavern's established identity. A large industrial kitchen supports full lunch and dinner service, and the dining room includes a private party room, an amenity that would drive repeat bookings and event revenue.
In the warmer months, guests gather on the covered outdoor deck to take in expansive views across the property and toward the surrounding peaks. In winter, the new fireplace earns its keep. The tavern has long drawn both the local community and the steady stream of visitors who make Keene a destination, a dual customer base that provides meaningful resilience through the seasons.
Additional opportunity exists beyond the restaurant itself. The ground level presents the potential for a one-bedroom, one-bathroom apartment, well-suited for an owner-operator, staff housing, or rental income. A separate building lot overlooking Big Crow Mountain and a brook offers further development potential, whether for a private residence or as a value-add at disposition.
Few turnkey commercial opportunities in the Adirondacks combine this level of recent investment, an established operating history, and meaningful upside beyond the core business.
The renovations are comprehensive: a new fireplace anchors the dining room with warmth and character, a bar and bar dining area with inviting, intimate lighting and dark wood, and both the interior and exterior have been thoughtfully updated throughout. The result is a property that feels entirely refreshed while honoring the tavern's established identity. A large industrial kitchen supports full lunch and dinner service, and the dining room includes a private party room, an amenity that would drive repeat bookings and event revenue.
In the warmer months, guests gather on the covered outdoor deck to take in expansive views across the property and toward the surrounding peaks. In winter, the new fireplace earns its keep. The tavern has long drawn both the local community and the steady stream of visitors who make Keene a destination, a dual customer base that provides meaningful resilience through the seasons.
Additional opportunity exists beyond the restaurant itself. The ground level presents the potential for a one-bedroom, one-bathroom apartment, well-suited for an owner-operator, staff housing, or rental income. A separate building lot overlooking Big Crow Mountain and a brook offers further development potential, whether for a private residence or as a value-add at disposition.
Few turnkey commercial opportunities in the Adirondacks combine this level of recent investment, an established operating history, and meaningful upside beyond the core business.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Building Size
4,824 SF
Year Built
1966
Price
$745,000
Price Per SF
$154.44
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.01
Lot Size
9.84 AC
Amenities
- Restaurant
- Waterfront
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 153000-054-003-0001-034-003-0000 | Improvements Assessment | $65,900 |
| Land Assessment | $267,700 | Total Assessment | $333,600 |
Property Taxes
Parcel Number
153000-054-003-0001-034-003-0000
Land Assessment
$267,700
Improvements Assessment
$65,900
Total Assessment
$333,600
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Baxter Mountain Tavern | 10050 State 9N hwy
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