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Established Restaurant and Tavern 3 Retail Properties Offered at $4,495,000 in Lake George, NY
INVESTMENT HIGHLIGHTS
- Route 87 North to exit 21, right toward Rt. 9 left on Rt. 9 north to village of Lake George on corner of Canada St and Amherst St.
EXECUTIVE SUMMARY
Exceptional Investment Opportunity on Canada Street – Lake George, NY
This unique property is prominently located on the main thoroughfare of Lake George, offering unparalleled visibility and access in the heart of this world-renowned destination. Zoned for up to 20 luxury condominium units, the site boasts potential views of both Lake George and the vibrant activity along Canada Street—an ideal setting for premier residential or mixed-use development.
The property is currently home to a long-established, highly successful restaurant and tavern, along with an adjacent, well-known delicatessen. The two-story main building features a full-service restaurant on the first floor, with additional dining space and a spacious outdoor deck on the second floor, perfect for seasonal enjoyment.
The restaurant generated gross sales of $2,268,269 in 2024 and is offered as a fully equipped, turnkey operation. Both businesses operate year-round, providing consistent income in a high-traffic tourist market.
Financials are available to qualified purchasers.
Possible owner financing adds additional flexibility.
The offering includes three parcels: 320 & 326 Canada Street and 20 Amherst Avenue, presenting a rare opportunity to acquire a premier assemblage in one of Lake George’s most sought-after locations.
This unique property is prominently located on the main thoroughfare of Lake George, offering unparalleled visibility and access in the heart of this world-renowned destination. Zoned for up to 20 luxury condominium units, the site boasts potential views of both Lake George and the vibrant activity along Canada Street—an ideal setting for premier residential or mixed-use development.
The property is currently home to a long-established, highly successful restaurant and tavern, along with an adjacent, well-known delicatessen. The two-story main building features a full-service restaurant on the first floor, with additional dining space and a spacious outdoor deck on the second floor, perfect for seasonal enjoyment.
The restaurant generated gross sales of $2,268,269 in 2024 and is offered as a fully equipped, turnkey operation. Both businesses operate year-round, providing consistent income in a high-traffic tourist market.
Financials are available to qualified purchasers.
Possible owner financing adds additional flexibility.
The offering includes three parcels: 320 & 326 Canada Street and 20 Amherst Avenue, presenting a rare opportunity to acquire a premier assemblage in one of Lake George’s most sought-after locations.
PROPERTY FACTS
| Price | $4,495,000 | Number of Properties | 3 |
| Price / SF | $323.59 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 13,891 SF |
| Status | Active | Total Land Area | 0.48 AC |
| Price | $4,495,000 |
| Price / SF | $323.59 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 13,891 SF |
| Total Land Area | 0.48 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 20 Amherst St, Lake George, NY 12845 | Retail | 9,584 SF | 1980 | - |
| 320 Canada St, Lake George, NY 12845 | Retail | 2,559 SF | 1929 | - |
| 326 Canada St, Lake George, NY 12845 | Retail | 1,748 SF | 1950 | - |
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Established Restaurant and Tavern
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