$391,103
Lake George, NY 12845
MLS# 202112110
Status: Closed
5023 sqft
1 / 12
Property Description
FOR LEASE ONLY, NOT FOR SALE. Lease term is minimum of 3 years. There is no opportunity for a monthly rent payment. A rent payment schedule is available, but the property will be leased only by the year. Of the 5023 sq. ft., APPROXIMATELY 3,000 sq. ft. is main floor retail/office space, including substantial shelved storage space. Additional storage space in basement. Second floor is a large 3 bedroom, one bath apartment. Includes kitchen and living room. Apartment may be sublet to a single family only. Building MAY NOT BE USED FOR the sale of food prepared or processed on premises, or for the sale of alcoholic beverages. No smoking - including electronic cigarettes and vaping. Tenant must provide a $2,000,000 public liability policy with landlord listed as additional insured.
Details
Maps
Documents
Contract Information
Original List Price: 62000
Offered Lease/Month (Legacy): 62000
Lease Term (Legacy): 3 yr
List Price/SqFt: 12.34
Currently Leased: No
List Price/Acres: 31000
Sold Price/Acres: 195551.5
Status: Closed
Property Sub Type: Mixed Use
Sold Price: $391,103
Current Price: $391,103
Listing Contract Date: 2021-02-09
Location
City/Town (Mail): Lake George
Street Number: 222
Street Name: CANADA
Street Suffix: Street
County: Warren
State/Province: NY
Postal Code: 12845
Geo Lat: 43.424458
Geo Lon: -73.71282
Property Detail
Parking Y/N: Yes
Lot Size Square Feet: 2500
Lot Size Dimensions: 51' X 85'
Lot Size Acres: 2
Building Area Total: 5023
Building Available SQFT: 5023
Waterfront Y/N: No
Enhanced Accessible Y/N: Yes
Year Built: 1930
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 522201 251.18-3-55.11
Tax Annual Amount: 2000
Tax Section: 251.18
Total Taxes Description: Estimated
Tax Block: 3
Tax Lot: 55.11
School District: Lake George
Association Y/N: No
Directions & Remarks
Directions: Center of Lake George Village on Route 9 [Canada Street] immediately adjacent to southern boundary of Shepard Park. At the corner of Lower Montcalm Street. Look for signs in windows.
Public Remarks: FOR LEASE ONLY, NOT FOR SALE. Lease term is minimum of 3 years. There is no opportunity for a monthly rent payment. A rent payment schedule is available, but the property will be leased only by the year. Of the 5023 sq. ft., APPROXIMATELY 3,000 sq. ft. is main floor retail/office space, including substantial shelved storage space. Additional storage space in basement. Second floor is a large 3 bedroom, one bath apartment. Includes kitchen and living room. Apartment may be sublet to a single family only. Building MAY NOT BE USED FOR the sale of food prepared or processed on premises, or for the sale of alcoholic beverages. No smoking - including electronic cigarettes and vaping. Tenant must provide a $2,000,000 public liability policy with landlord listed as additional insured.
Sewer
Shared Septic: 1
Architectural Style
Apartments: 1
Commercial: 1
Mixed Use: 1
Office: 1
Retail: 1
Financial Details
Tax Annual Amount: 10763
Total Taxes Description: Actual
General Taxes: 3278
General Taxes Description: Actual
School Taxes: 4000
School Taxes Description: Actual
Village Taxes: 3485
Village Taxes Description: Actual
Cooling
Air Conditioning (Legacy): YES
Building Detail
Office Available SQFT: 5023
Retail Available SQFT: 3000
Warehouse Available SQFT: 3000
Showing Requirements
Agent to Accompany: 1
Call Listing Agent: 1
Sign on Property: 1
Special Listing Conditions
Ownership: No Special Conditions
Water Source
Shared Well: 1
Heating
Forced Air: 1
Natural Gas: 1
Parking Features
Off Street: 1
On Street: 1
Public Parking: 1
Possible Use
Business: 1
Commercial House Plus: 1
Mixed: 1
Retail: 1
Tenant Pays
Cable TV: 1
Central Air: 1
DSL Internet: 1
Electricity: 1
FIOS Internet: 1
Gas: 1
Heat: 1
Hot Water: 1
Internet: 1
Sewer: 1
Snow Removal: 1
Telephone: 1
Trash Collection: 1
Water: 1
Status Change Info
Status Change Date: 2022-01-24
Under Contract Date: 2022-01-19
Sold Date: 2022-01-19
Sold Price: $391,103
Property Features
Architectural Style: Apartments; Commercial; Mixed Use; Office; Retail
Heating: Forced Air; Natural Gas
Parking Features: Off Street; On Street; Public Parking
Possible Use: Business; Commercial House Plus; Mixed; Retail
Sewer: Shared Septic
Showing Requirements: Agent to Accompany; Call Listing Agent; Sign on Property
Tenant Pays: Cable TV; Central Air; DSL Internet; Electricity; FIOS Internet; Gas; Heat; Hot Water; Internet; Sewer; Snow Removal; Telephone; Trash Collection; Water
Water Source: Shared Well
Terms and Conditions 
Listing Courtesy of Howard Hanna
Listing Agent: Stephen J Borgos
518-744-1902 | sborgos901@gmail.com
518-744-1902 | sborgos901@gmail.com
