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Lake George Investment Opportunity

320 & 326 Canada Street Lake George, NY 12845

Claim this Listing
For Sale
$4,495,000

COMMERCIAL - Lake George, NY

Property size:
13,000 SF
Lot size:
0.60 Acres
Price / SF:
$345/SF
Added:
Dec 7, 2017
Days on Market:
3139
Last Refresh:
Jul 12 at 10:06 pm

Property Features for 320 & 326 Canada Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking
40
Basement
Full
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
522201 251.14-3-37
Size
13,000 SF
Lot size
0.60 Acres

Taxes and HOA fees

Tax Annual Amount
27727

Utilities

Heating system
Baseboard
Cooling system
Central Air

Building Details

Year built
1950
Floors in Building
2
Building materials
Wood Siding

Listing agent Charles Curto License #10301206236

Listing office Howard Hanna Capital Inc 20 Aviation Road, Clifton Park, NY

Listing date Dec 7, 2017

MLS# 201723485

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.

This commercial property is located on Canada Street in Lake George, New York. The property, zoned for commercial use, is situated on 0.6 acres. It currently houses a long-established restaurant and tavern, along with a delicatessen. The two-story main building features a full-service restaurant on the first floor, with additional dining space and a spacious outdoor deck on the second floor. The restaurant generated gross sales of $2,268,269 in 2024 and is offered as a fully equipped, turnkey operation. Both businesses operate year-round, providing consistent income in a high-traffic tourist market. The property is zoned for up to 20 luxury condominium units, the site boasts potential views of both Lake George and the vibrant activity along Canada Street. The offering includes three parcels: 320 & 326 Canada Street and 20 Amherst Avenue. The property has 13,000 square feet of space.

Key Highlights

  • 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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Lakeaholic NY Clothing & Fashion Store

Suggested Use

Auto Repair Shop Hair Salon Pharmacy Nail Salon Dental Office Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store HVAC Service

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

FAQs

What type of property is this?
Restaurant - Prime commercial property with established restaurant and development potential.
Where is this restaurant located?
The property is located at 320 & 326 Canada Street Lake George, NY.
What is the asking price?
The asking price for this property is $4,495,000.
What are key features of this property?
This property features: 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.
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