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Restaurant Property with Lodging
For Sale
$865,000

12134 Rt 9N, Upper Jay, NY 12987

Commercial Sale, Upper Jay, NY

Property Size3,855 SF
Lot Size1.80 Acres
Price / SF$224.38
Days on Market468

Property Features for 12134 Rt 9N

General Information

Property type Commercial Sale
Property subtype Other
Exterior features Garden
Basement Unfinished, Crawl Space, Exterior Entry
Appliances Cooktop, Dishwasher, Exhaust Fan, Free-Standing Freezer, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Cooktop, Gas Range, Oven, Refrigerator, Vented Exhaust Fan, Washer/Dryer, Water Heater
View River
Directions From the bridge in Upper Jay go towards Keene and The Ice Jam Inn will be on the left after Trumbulls Road.
Standard status Active
Size 3,855 SF
Lot size 1.80 Acres

Taxes and HOA fees

Tax Annual Amount 6347

Utilities

Utilities Electricity Available
Sewer type Septic Tank
Heating system Oil
Cooling system Wall Unit(s), Multi Units
Water source Public

Amenities

backup generator
barn with workshop and storage
finished office
fenced garden
river frontage

Building Details

Year built 1860
Flooring type Tile, Laminate, Hardwood
Building materials Wood Siding
Roof type Asphalt
Listing Agency: The Reynolds Group of Lake Placid, LLC
Listed By: Brooks H. Reynolds
Added: Jun 25, 2025 Changed: Oct 2 Last Checked: Oct 5 at 8:06AM
MLS# 205028

Copyright © 2026 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This restaurant property includes a 3,855-square-foot building on 1.8 acres along the East Branch of the Ausable River. The dining area accommodates 30+ guests, with 12+ additional seasonal seats on a wraparound porch. A commercial kitchen installed in 2020 includes a 10' hood, True Refrigeration equipment, and a high-temperature dishwasher, supported by a dedicated septic system. The building also contains a five-bedroom, two-bath vacation rental, while the overall layout provides seven bedrooms and 3.5 baths, plus a sitting room and billiards room.

Property improvements include a two-story barn with workshop and storage space, a finished 14*10 office, a 30'x90' fenced garden, and parking for 30 vehicles. The roof was replaced in 2025 and the windows were updated in 2019; a backup generator is also included. The lodging component has a 4.9-star Google rating. Whiteface Mountain is 6 miles away, Lake Placid is 15 miles away, and Keene is 5 miles away.

Key Highlights

  • 3,855‑square‑foot restaurant and lodging building on 1.8 acres
  • 250 feet of frontage along the East Branch of the Ausable River
  • Commercial kitchen installed in 2020 with 10' hood and dedicated septic system

Property Analytics

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Current Use

Conventional restaurants

Lease Details

Turnkey business
Opportunity
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

21
Businesses Nearby
Well-served
Demand for This Use

Demographics for 12987, NY

296
Population
144
Households
2.1
Avg Household Size
50
Median Age
46%
College-Educated
100%
High-School Grad
10.3 sq mi
ZIP Area
29
Density / Sq Mi
$111,083
Median Household Income
$41,417
Median Earnings
$223,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant operations, vacation accommodations, river frontage, and supporting outbuildings occupy a scenic commercial property in the Adirondacks.
Where is this conventional restaurant located?
The property is located at 12134 Rt 9N Upper Jay, NY.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: 3,855‑square‑foot restaurant and lodging building on 1.8 acres; 250 feet of frontage along the East Branch of the Ausable River; Commercial kitchen installed in 2020 with 10' hood and dedicated septic system
More about this property
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