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Turn-Key Restaurant with Apartment
For Sale
$525,000

85 Lake Avenue, Lake Luzerne, NY 12846

COMMERCIAL - Lake Luzerne, NY

Property Size4,500 SF
Lot Size0.83 Acres
Price / SF$116.67
Days on Market17

Property Features for 85 Lake Avenue

General Information

Property type Commercial Sale
Property subtype Other
High school district 000000
Directions EXIT 21 south on Rt 9, 11 miles, restaurant is on the right. From 87N take exit 18 to Rt 9 to the restaurant.
Standard status Active
APN 523200 298.19-1-1
Size 4,500 SF
Lot size 0.83 Acres

Taxes and HOA fees

Tax Annual Amount 5186

Utilities

Sewer type Septic Tank
Heating system Baseboard
Water source Public

Building Details

Year built 1976
Floors in Building 2
Building materials Vinyl Siding
Roof type Metal, Asphalt
Listing Agency: Miranda Real Estate Group Inc
Listed By: Darlene Zeh
Added: Jul 16 Changed: Jul 24 Last Checked: Aug 1 at 6:06AM
MLS# 11891395

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This turn-key restaurant opportunity includes an existing dining area, kitchen, and restaurant equipment, positioned for an owner-operator or buyer seeking a straightforward setup. The property’s prior restaurant operation is referenced with photos from when it was running. In addition to the restaurant space, a three-bedroom apartment comes with the property.

The restaurant is located at 85 Lake Avenue in Lake Luzerne, New York, within a high-visibility area described as offering strong exposure. Lake Luzerne draws visitors year-round tied to outdoor recreation and proximity to Lake George.

The offering combines restaurant use with residential space through the included apartment, creating a mixed-use configuration on the same site.

Key Highlights

  • Fully equipped restaurant includes dining area, kitchen, and restaurant equipment
  • A 3‑bedroom apartment comes with the property
  • Water source is public; sewer is a septic tank

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon (Bike/Boat/Book/etc) Store Nail Salon Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby
4k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Cumberland Farms Shops & Services
4,220 visits/mo 0.1 miles

Demographics for 12846, NY

3,008
Population
2,338
Households
1.3
Avg Household Size
51
Median Age
26%
College-Educated
90%
High-School Grad
53.7 sq mi
ZIP Area
56
Density / Sq Mi
$47,449
Median Household Income
$41,500
Median Earnings
$942
Median Rent
$197,400
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turn-key restaurant property with a dining area, kitchen equipment, and included three-bedroom apartment.
Where is this conventional restaurant located?
The property is located at 85 Lake Avenue Lake Luzerne, NY.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Fully equipped restaurant includes dining area, kitchen, and restaurant equipment; A 3‑bedroom apartment comes with the property; Water source is public; sewer is a septic tank
More about this property
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