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    Lake George, NY Conventional Restaurants for Sale

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    Kattskill Bay, NY Queensbury, NY Diamond Point, NY
    Lake George Investment Opportunity
    $4,495,000
    13,000 SF

    Lake George Investment Opportunity

    320 & 326 Canada Street, Lake George, NY 12845

    Prime commercial property with established restaurant and development potential.

    • Prime location on Canada Street in Lake George with high visibility and access.
    • Zoned for up to 20 luxury condominium units, offering significant development potential.
    • Established, successful restaurant and delicatessen provide immediate, consistent income.
    • Restaurant generated $2,268,269 in gross sales in 2024 and is offered as a turnkey operation.
    • Includes three parcels (320 & 326 Canada Street and 20 Amherst Avenue), a rare assemblage opportunity.
    Updated: Dec 7, 2017
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    Lake George Investment Opportunity
    $4,495,000
    13,000 SF

    Lake George Investment Opportunity

    320-326 Canada Street, Unit 20 AMHERST ST, Lake George, NY 12845

    Premier property with restaurant, deli, and condo development potential.

    • Prime location on Canada Street in Lake George with high visibility and access.
    • Zoned for up to 20 luxury condominium units, offering significant development potential.
    • Currently operating as a successful, turnkey restaurant and delicatessen with consistent year‑round income.
    • Restaurant generated gross sales of $2,268,269 in 2024.
    • Includes three parcels: 320 & 326 Canada Street and 20 Amherst Avenue.
    Updated: Dec 3, 2017
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lake George, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Restaurant and Mixed-Use Building
    $898,000
    7,654 SF

    Turnkey Restaurant and Mixed-Use Building

    Restaurant and mixed-use building in Glens Falls' visible location.

    162 Glen Street, Glens Falls, NY 12801
    View details
    Versatile Commercial Building For Sale
    $200,000
    1,296 SF

    Versatile Commercial Building For Sale

    1296 sq ft commercial building with parking and equipment.

    98 Lake Avenue, Lake Luzerne, NY 12846
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    Commercial Property on Lake Avenue
    $175,000
    916 SF

    Commercial Property on Lake Avenue

    Commercial property with high visibility and ample parking.

    598 Lake Avenue, Lake Luzerne, NY 12846
    View details
    Downtown Glens Falls Mixed-Use Property
    $749,000
    4,195 SF

    Downtown Glens Falls Mixed-Use Property

    Updated mixed-use building with restaurant and apartments in downtown Glens Falls.

    16 Exchange Street, Glens Falls, NY 12801
    View details

    Lake George, NY Conventional Restaurants Investment Opportunities Market Analysis

    Explore 2 conventional restaurants for sale in Lake George, NY on our real estate platform. These investment opportunities span a total of 26,000 square feet of properties for sale, with an estimated market value of $8,990,000.

    Sale prices for conventional restaurants in Lake George, NY start at $4,495,000, averaging $4,495,000, and reaching up to $4,495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    6-Month New Listing Trend

    Monthly new listing volume vs. 6-month average in Lake George.

    Top Commercial Asset Segments

    Conventional restaurants 2
    Drive through restaurants 1

    Demographics Overview

    Population 4,389
    Population Growth (5Y) -5.6%
    Median Household Income $95,583
    College Educated 52.4%

    High-Yield Neighborhoods for Strategic Investment

    Identify Lake George submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    12845 $4.5M

    Taxes & Financing

    Tax Rate (average for all types) 0.70%
    Property Tax per SF $18.35 per sq ft
    Tax Rate vs County Average 0.06 pp above county avg
    Average Loan-to-Value 65.0%

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