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    1815 State Route 8 Lake Pleasant, NY 12108

    For Sale
    $925,000

    Commercial Business - Lake Pleasant, NY

    Property size:
    5,000 SF
    Lot size:
    4.20 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 1815 State Route 8

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Kitchen
    Bathrooms
    5
    APN
    120.017-1-34
    Parking features
    Garage, Garage - Detached
    Basement Y/N
    1
    Size
    5,000 SF
    Lot size
    4.20 Acres

    Utilities

    Heating system
    Baseboard, Propane (Heating), Wood (Heating)
    Water front features
    Wflake, Waterfront
    Water front
    1

    Building Details

    Year built
    1940
    Year renovated
    1940
    Floors in Building
    2
    Flooring type
    Carpet, Hardwood, Laminate, Tile
    Building materials
    Wood Siding
    Roof type
    Metal
    Architectural style
    Other

    ALICIA C MILLER REAL ESTATE INC

    Listing agent Christy Wilt (518) 924-4255

    Listing date Oct 27, 2025

    MLS# 11251827 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant and Bar Business

    The Oxbow Inn is a successful commercial business situated on approximately 4.2 acres, featuring 345 feet of lakefront on Oxbow Lake. Currently operating as a full-service restaurant and bar with excellent reviews, the property includes a recently updated kitchen. The upper level provides multiple rooms suitable for rental or other uses, complemented by a small apartment on the west side of the building and a separate 2-bedroom mobile home with a covered porch. Additional structures include a 2-car garage. The property offers outdoor event space, a deck, a propane fireplace, and a pergola. The expansive lawn is equipped with picnic tables, two powered lean-tos, and a fire pit, creating an area suitable for live music, games, and other activities. A recently installed large generator ensures power outage protection. A 1000-gallon gas tank is in place to service snowmobiles during the winter months, with a trail leading directly to the property. The building's exterior is being updated with a fresh coat of paint. The property size is approximately 5000 square feet and is located in Lake Pleasant, NY.
    Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Auto Repair Shop Bed & Breakfast Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Pleasant
    County
    Hamilton
    State
    New York
    Longitude
    -74.490988
    Latitude
    43.43245

    FAQs

    What type of property is this?
    Hotel - Successful restaurant and bar with lakefront and multiple rental options.
    Where is this hotel located?
    The property is located at 1815 State Route 8 Lake Pleasant, NY.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: - Turnkey, successful restaurant and bar business with excellent reviews in a prime location.; - Approximately 4.2 acres with **345 ft of lakefront on Oxbow Lake.**; - Multiple income streams: restaurant/bar, rental rooms upstairs, apartment, and separate 2-bedroom mobile home.
    (518) 924-4255
    Request Owner's contact information
    1815 State Route 8 Lake Pleasant, NY 12108
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    Lake Pleasant, NY 12108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1815 State Route 8 Lake Pleasant, NY 12108
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