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    2888 Ny-28 Old Forge, NY 13420

    For Sale
    $1,250,000

    COMMERCIAL - Old Forge, NY

    Property size:
    5,022 SF
    Lot size:
    0.94 Acres
    Days on Market:
    81
    Last Refresh:
    Dec 15 at 7:06 am

    Property Features for 2888 Ny-28

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    041.58-4-1
    Parking
    40
    Parking features
    Parking Lot, Off Street
    Interior features
    Bar, Ceiling Fan(s), Entrance Foyer, Natural Woodwork, Vaulted Ceiling(s)
    Exterior features
    Lighting
    Fireplace
    1
    Basement
    Full, Block, Interior Entry, Storage Space
    Appliances
    Bar Fridge, Built-In Freezer, Built-In Refrigerator, Convection Oven, Cooktop, Dishwasher, Exhaust Fan, Free-Standing Gas Oven, Free-Standing Refrigerator, Gas Cooktop, Gas Oven, Ice Maker, Microwave, Oven, Plumbed For Ice Maker, Propane Cooktop, Stainless Steel Appliance(s), Walk-In Cooler(s), Washer/Dryer, Water Heater
    Size
    5,022 SF
    Lot size
    0.94 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating), Propane (Heating), Wood, Wood Stove, Forced Air, Fireplace(s), Propane Stove, Oil
    Cooling system
    Ceiling Fan(s)
    Water source
    Public
    Water front features
    River Front
    Water front
    1

    Building Details

    Year built
    1960
    Flooring type
    Tile, Laminate
    Building materials
    Attic/Crawl Hatchway(s) Insulated, Wood Siding
    Roof type
    Asphalt

    Timm Associates (315) 369-3951 [email protected]

    Listing agent Amy Bolton (315) 369-8903

    Listing date Sep 26, 2025

    Copyright © 2025 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.

    Overview

    Iconic Restaurant Landmark in Old Forge

    The Mill Restaurant, a recognizable landmark in Old Forge, is located at the gateway to the commercial district. The property features an iconic water wheel and an expansive covered porch. Inside, guests are greeted at a host station and can choose seating in a rustic Adirondack-style dining room, which includes a stone fireplace and stained-glass lamps, or at the knotty-pine bar, which has vaulted ceilings, a woodstove, and an eight-tap bar. Patrons can enjoy sunsets over the Moose River from both the bar and the covered porch. The property includes a fully equipped commercial kitchen, a full basement with a bar cooler, laundry, and storage, and an upstairs office with attic storage. Ample on-site parking is available for patrons and staff. The offering comprises four parcels: the restaurant at 2888 State Route 28, a two-bedroom home at 106 River Street, and two additional parcels providing live/work convenience, all in a high-visibility location at the entrance to town. The property size is 5022 square feet on a lot of 0.94 acres. The intended use of the property is commercial, and it is zoned accordingly.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Building Supply Nail Salon Wholesale Shop Pharmacy Law Firm Food Market HVAC Service Spa & Massage Dental Office Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Old Forge
    County
    Herkimer
    State
    New York
    Longitude
    -74.98379
    Latitude
    43.703653

    Nearby Similar for Sale

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      4,426 SF

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      150 Kenmore Rd, Old Forge, NY 13420
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    • $499,000
      1,460 SF

      Old Forge Mixed-Use Investment

      Renovated 3-unit building with retail and apartments on Main Street.
      3115 State Route 28, Old Forge, NY 13420
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    FAQs

    What type of property is this?
    Restaurant - Restaurant with water wheel, covered porch, and live/work convenience.
    Where is this restaurant located?
    The property is located at 2888 Ny-28 Old Forge, NY.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Iconic restaurant with established business and recognizable landmark status.; - Prime location with high visibility and stunning riverfront views, including sunset views over the Moose River.; - Fully equipped commercial kitchen and a knotty-pine bar with a fully stocked eight-tap bar.
    (315) 369-8903
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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
    2888 Ny-28 Old Forge, NY 13420
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