$4,495,000
Lake George, NY 12845
MLS# 201723485
13000 sqft
1 / 15
Property Description
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.
Details
Maps
Contract Information
Original List Price: 4375750
List Price/SqFt: 345.77
Sold Price/SqFt: 0
List Price/Acres: 7491666.67
Status: Active
Property Sub Type: Mixed Use
List Price: $4,495,000
Listing Contract Date: 2017-12-07
Current Price: $4,495,000
Location
Unit Number: 20 Amherst St
City/Town (Mail): Lake George
Cross Street: 20 Amherst St
Street Number: 320 & 326
Street Name: Canada
Street Suffix: Street
County: Warren
State/Province: NY
Postal Code: 12845
Geo Lat: 43.426333
Geo Lon: -73.711993
Property Detail
Year Established: 1950
Stories: 2
Business Name: Duffey's Tavern/Rest.
Parking Y/N: Yes
Lot Size Square Feet: 21100
Zoning: Commercial
Lot Size Dimensions: 150 x 150
Lot Size Acres: 0.6
Building Area Total: 13000
Building Available SQFT: 13000
Main Road Frontage: 300
Waterfront Y/N: No
Enhanced Accessible Y/N: Yes
Year Built: 1950
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 522201 251.14-3-37
FIPS Code: 36113
Tax Annual Amount: 27727
Tax Section: 251.14
Total Taxes Description: Actual
Tax Block: 3
Tax Lot: 37
School District: Lake George
Elementary School: Lake George
High School: Lake George
Association Y/N: No
Directions & Remarks
Directions: Rt 87 north to exit 21 right to Rt 9,left on Rt 9 north to Village of Lake George on Corner of Canada St & Amherst
Public Remarks: 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.
Sewer
Other: 1
See Remarks: 1
Accessibility Features
Accessible Approach with Ramp: 1
Current Use
Restaurant: 1
Tavern: 1
Documents Available
Documents Available (Legacy): Survey
Architectural Style
Restaurant: 1
Electric
Phase (Legacy): 3
Financial Details
Seller Financing: No
Cooling
Central Air: 1
Air Conditioning (Legacy): Central
Basement
Full: 1
Building Detail
Building Ceiling Height: 8
Office Total SQFT: 723
Office Available SQFT: 723
Office Ceiling Height: 10
Retail Total SQFT: 7000
Retail Available SQFT: 7000
Retail Ceiling Height: 10
Warehouse Available SQFT: 0
Construction Materials
Wood Siding: 1
Construction Materials (Legacy): Wd Frme/Br
Photos - the contractual owner of the photos
Photo Owner: Broker
Showing Requirements
24 Hour Notice: 1
Special Listing Conditions
Ownership: No Special Conditions
Standard: 1
Water Source
Other: 1
See Remarks: 1
Heating
Baseboard: 1
Heat Systems (Legacy): G/H/A
Parking Features
Parking Total: 40
Other: 1
See Remarks: 1
Possible Use
Business: 1
Hotel/Motel: 1
Land: 1
Mixed: 1
Office/Retail: 1
Restaurant: 1
Retail: 1
Tavern: 1
Tavern Plus: 1
Other: 1
Sale Includes
Other: 1
See Remarks: 1
Status Change Info
Status Change Date: 2021-11-30
Property Features
Accessibility Features: Accessible Approach with Ramp
Architectural Style: Restaurant
Basement: Full
Construction Materials: Wood Siding
Cooling: Central Air
Current Use: Restaurant; Tavern
Heating: Baseboard
Parking Features: Other; See Remarks
Possible Use: Business; Hotel/Motel; Land; Mixed; Office/Retail; Restaurant; Retail; Tavern; Tavern Plus; Other
Sale Includes: Other; See Remarks
Sewer: Other; See Remarks
Showing Requirements: 24 Hour Notice
Special Listing Conditions: Standard
Water Source: Other; See Remarks
Listing Courtesy of Howard Hanna Capital Inc
Listing Agent: Charles Curto
518-669-4356 | charlescurto@howardhanna.com
518-669-4356 | charlescurto@howardhanna.com
