$4,500
Lake George, NY 12845
MLS# 202421008
Status: Closed
5855 sqft
1 / 21
Property Description
A great opportunity to lease or lease to purchase a turnkey restaurant in Lake George that experiences high traffic all year round. The East Cove restaurant has been a successful business since 1968. The free-standing building boasts an area of 5,855 sq ft and was gutted and fully restored to create a beautiful fine dining establishment. It can accommodate 124 guests and includes a main dining room, custom wine lockers, a spacious bar area with high-top dining, a well-maintained kitchen, four bathrooms, and office space. The lease is $4,500/month plus utilities (water, phone, internet, cable, electric, natural gas, taxes and insurance.) Terms are flexible.
Details
Maps
Contract Information
Original List Price: 4500
Lease Per SqFt or Month?: Month
Lease Term: See Remarks
List Price/Acres: 8490.57
Sold Price/Acres: 8490.57
Status: Closed
Property Sub Type: Business
Sold Price: $4,500
Current Price: $4,500
Listing Contract Date: 2024-07-09
Location
City/Town (Mail): Lake George
Street Number: 3873
Street Name: NY-9L
County: Warren
State/Province: NY
Postal Code: 12845
Geo Lat: 43.417446
Geo Lon: -73.696613
Property Detail
Stories: 1
Number Of Buildings: 1
Business Name: The East Cove Restaurant
Parking Y/N: Yes
Lot Size Square Feet: 23086.8
Zoning: Commercial
Lot Size Acres: 0.53
Building Area Total: 5855
Building Available SQFT: 5855
Main Road Frontage: 168
Waterfront Y/N: No
Enhanced Accessible Y/N: Yes
Year Built: 1968
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 264.08-2-30.1
Tax Annual Amount: 10000
Tax Section: 30
Total Taxes Description: Estimated
Tax Block: 2
Tax Lot: 264.08
School District: Lake George
Elementary School: Lake George
High School: Lake George
Association Y/N: No
Directions & Remarks
Directions: Take exit 21 for NY-9N N toward Lake George Village, Turn right onto NY-9N N/State Hwy 9N, and Turn right onto NY-9L S/E Shore Dr. East Cove Restaurant on the right.
Public Remarks: A great opportunity to lease or lease to purchase a turnkey restaurant in Lake George that experiences high traffic all year round. The East Cove restaurant has been a successful business since 1968. The free-standing building boasts an area of 5,855 sq ft and was gutted and fully restored to create a beautiful fine dining establishment. It can accommodate 124 guests and includes a main dining room, custom wine lockers, a spacious bar area with high-top dining, a well-maintained kitchen, four bathrooms, and office space. The lease is $4,500/month plus utilities (water, phone, internet, cable, electric, natural gas, taxes and insurance.) Terms are flexible.
Sewer
Public Sewer: 1
Accessibility Features
Accessible Approach with Ramp: 1
Accessible Doors: 1
Accessible Hallway(s): 1
Accessible Kitchen: 1
Reinforced Floors: 1
Association Amenities
None: 1
Current Use
Restaurant: 1
Architectural Style
Bar/Tavern/Lounge: 1
Commercial: 1
Restaurant: 1
Electric
220 Volts: 1
Three Phase: 1
Financial Details
General Taxes: 6000
General Taxes Description: Estimated
School Taxes: 4000
School Taxes Description: Estimated
Cooling
Central Air: 1
Listing Terms
Lease Option: 1
Lease Purchase: 1
Basement
Other: 1
Lot Features
Road Frontage: 1
Construction Materials
Log: 1
Wood Siding: 1
Other Structures
Shed(s): 1
Door Features
ENERGY STAR Qualified Doors: 1
Possession
At Closing: 1
Business Type
Bar/Tavern/Lounge: 1
Restaurant: 1
Exterior Features
Lighting: 1
Flooring
Carpet: 1
Wood: 1
Showing Requirements
24 Hour Notice: 1
Agent to Accompany: 1
No Sign: 1
Showing Service: 1
Special Listing Conditions
No Disclosures: 1
Roof
Rubber: 1
Shingle: 1
Water Source
Public: 1
Heating
Forced Air: 1
Interior Features
High Speed Internet: 1
Stone Countertops: 1
Wired for Sound: 1
Lease Includes
Building & Land: 1
Building Only: 1
Business & Building: 1
Parking Features
Parking Total: 25
Paved: 1
Private: 1
Possible Use
Restaurant: 1
Tavern: 1
Tenant Pays
Cable TV: 1
Central Air: 1
Electricity: 1
Heat: 1
Hot Water: 1
Internet: 1
Snow Removal: 1
Trash Collection: 1
Water: 1
Other: 1
Status Change Info
Status Change Date: 2025-02-10
Under Contract Date: 2024-12-19
Sold Date: 2025-02-07
Sold Price: $4,500
Property Features
Accessibility Features: Accessible Approach with Ramp; Accessible Doors; Accessible Hallway(s); Accessible Kitchen; Reinforced Floors
Architectural Style: Bar/Tavern/Lounge; Commercial; Restaurant
Association Amenities: None
Basement: Other
Construction Materials: Log; Wood Siding
Cooling: Central Air
Current Use: Restaurant
Business Type: Bar/Tavern/Lounge; Restaurant
Door Features: ENERGY STAR Qualified Doors
Electric: 220 Volts; Three Phase
Exterior Features: Lighting
Flooring: Carpet; Wood
Heating: Forced Air
Interior Features: High Speed Internet; Stone Countertops; Wired for Sound
Lease Includes: Building & Land; Building Only; Business & Building
Listing Terms: Lease Option; Lease Purchase
Lot Features: Road Frontage
Other Structures: Shed(s)
Parking Features: Paved; Private
Possession: At Closing
Possible Use: Restaurant; Tavern
Roof: Rubber; Shingle
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Agent to Accompany; No Sign; Showing Service
Special Listing Conditions: No Disclosures
Tenant Pays: Cable TV; Central Air; Electricity; Heat; Hot Water; Internet; Snow Removal; Trash Collection; Water; Other
Water Source: Public
Listing Courtesy of Owen & Associates Real Estate
Listing Agent: Kristine Owen
518-857-5606 | kristiowen@owenassoc.com
518-857-5606 | kristiowen@owenassoc.com
