320 & 326 Canada Street, Unit 20 Amherst, Lake George, NY 12845

View Full Photo Gallery

Property Description

Exceptional Investment Opportunity on Canada Street - Lake George, NYThis 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.

320 & 326 Canada Street, Unit 20 Amherst | MLS# 201723485

This commercial property located at 320 & 326 Canada Street, Unit 20 Amherst, Lake George, NY 12845 is currently listed for sale with an asking price of $4,495,000. & 326 Canada Street, Unit 20 Amherst is located within the Lake George school district. Search Lake George real estate on online.cbpp.com today.

Gallery

Property Features

Property Type: Commercial - Retail
Basement: Full
Basement: Yes
Cooling: Central Air
Heating: Baseboard
Lot Size: 0.60 Acres
Stories: 2.0
Taxes: $27,727
Year Built: 1950

Feature Descriptions

Accessibility: Accessible Approach with Ramp
Current Use: Restaurant, Tavern
Days on Site: 2774
Exterior: Wood Siding
Lot Dimensions: 150 x 150
Parcel #: 522201 251.14-3-37
Parking: Other, See Remarks
Parking Total: 40
Parking Total: 40
Sewer: Other, See Remarks
SQFT Building Total: 13000
Water: Other, See Remarks

Local Schools

High School: Lake George
Elementary School: Lake George
School District: Lake George

Demographics

Listed By / Shown By

Listing By

Agency Name: Howard Hanna Capital Inc
Agency Phone: 1 518-489-1000

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

IDX logo

Login to My Homefinder

Pixel