Turnkey Restaurant and
3195 NY-28 North Creek, NY 12853
3195 NY-28, North Creek, NY, 12853
$899,977
For Sale
$899,977
COMMERCIAL - North Creek, NY
Property Size4,692 SF
Lot Size1.02 Acres
Price / SF$191.81
Days on Market78
Property Features for 3195 NY-28
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Parking
- 50
- Parking features
- Off Street
- Security features
- Security
- Patio and Porch features
- Patio, Deck
- Interior features
- Grinder Pump, High Speed Internet, Paddle Fan, Vaulted Ceiling(s), Cathedral Ceiling(s), DSL Internet
- Exterior features
- Lighting, Outdoor Bar
- Basement
- Exterior Entry, Full, Interior Entry
- Standard status
- Active
- APN
- 523000 83.-2-52
- Size
- 4,692 SF
- Lot size
- 1.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 14287
Utilities
- Sewer type
- Septic Tank
- Heating system
- Forced Air, Zoned
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1999
- Floors in Building
- 1
- Flooring type
- Hardwood, Tile
- Building materials
- Cedar, Wood Siding
- Roof type
- Shingle
Listing Agency
KW Platform
(518) 281-6808
382 Broadway, Latham, NY
Listed by
Scott P Varley · License #30VA0727304
(518) 281-6808
Added: May 1 Checked: Jul 17 at 6:06 pm
MLS# 202616276
Copyright © 2026 Global MLS, Inc. 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.
Basil & Wicks is a turnkey restaurant and bar offering a complete hospitality setup for an operator seeking a ready-to-run concept. The property’s commercial configuration is supported by an established operating history, and it is positioned for easy day-to-day management as a working food and beverage venue.
The property is located at 3195 NY-28 in North Creek, New York, just two minutes from North Creek and Gore Mountain. The immediate area is seeing increased year-round activity tied to a new $40 million year-round lodge and Ski Bowl expansion, as well as additional improvements noted in the remarks, including a zip coaster, expanded lift-served mountain biking, and a hiking trail network. A $10 million public sewer project is also referenced as supporting long-term growth and development in the area.
For a buyer or operator, the key advantage is operational readiness: a turnkey restaurant and bar with strong visibility and consistent traffic, combined with a location near major four-season recreation. This combination can be appealing for parties looking to acquire a hospitality asset in an Adirondack Park market where the amenities and infrastructure improvements described in the offering are driving year-round visitation.
The property is located at 3195 NY-28 in North Creek, New York, just two minutes from North Creek and Gore Mountain. The immediate area is seeing increased year-round activity tied to a new $40 million year-round lodge and Ski Bowl expansion, as well as additional improvements noted in the remarks, including a zip coaster, expanded lift-served mountain biking, and a hiking trail network. A $10 million public sewer project is also referenced as supporting long-term growth and development in the area.
For a buyer or operator, the key advantage is operational readiness: a turnkey restaurant and bar with strong visibility and consistent traffic, combined with a location near major four-season recreation. This combination can be appealing for parties looking to acquire a hospitality asset in an Adirondack Park market where the amenities and infrastructure improvements described in the offering are driving year-round visitation.
Key Highlights
- Turnkey restaurant and bar in a four‑season destination market.
- Located just 2 minutes from North Creek and Gore Mountain.
- Benefits from a $40 million year‑round lodge and Ski Bowl expansion.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $84.5k | $18.00 |
| − Vacancy | −$3.5k | −$0.76 |
| EGI | $80.9k | $17.24 |
| − OpEx | −$20.2k | −$4.31 |
| NOI | $60.7k | $12.93 |
4,692 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$866.9K
$758.5K – $1.01M
NOI $60,682 @ 7.0% cap · market cap 6.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,307 @ 7.0% cap · market cap 10.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Conventional restaurant - Turnkey restaurant and bar with strong visibility and consistent traffic, supported by a proven operating history.
Where is this conventional restaurant located?
The property is located at 3195 NY-28 North Creek, NY.
What is the asking price?
The asking price for this property is $899,977.
What are key features of this property?
This property features: Turnkey restaurant and bar in a four‑season destination market.; Located just 2 minutes from North Creek and Gore Mountain.; Benefits from a $40 million year‑round lodge and Ski Bowl expansion.
