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    10 McGillis Ave Lake george, NY 12845

    Sponsored
    For Sale
    $1,200,000

    Bar/Tavern

    Property size:
    2,475 SF

    Description

    Added:
    Apr 11, 2025
    Days on Market:
    270
    Buy or Lease! Turnkey Restaurant in the heart of the village. Completely renovated interior and updated kitchen appliances. Beautiful custom bar! Interior bar and dining with occupancy for 82, plus Patio dining for an additional 30. Property and Business. Furniture, equipment, and inventory included in the sale. Off-street parking for 9 cars, along with street parking. Lease potential.

    Property Features for 10 McGillis Ave

    General Information

    Property type
    Restaurants
    Square Feet
    2,475 SF
    Total Parking Spaces
    9
    Elevators
    N/A
    Lot Size
    8,276 SF

    Building Details

    Year Built
    1971
    Buildings
    1
    Stories
    1
    Location Intelligence

    Current Use by Public Records

    Del Lago restaurant Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake george
    State
    New York
    Longitude
    -73.714625
    Latitude
    43.423036

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    FAQs

    What type of property is this?
    Restaurant - Bar/Tavern
    Where is this restaurant located?
    The property is located at 10 McGillis Ave Lake george, NY.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (518) 796-8284
    Request Owner's contact information
    10 McGillis Ave Lake george, NY 12845
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    Lake george, NY 12845
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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
    10 McGillis Ave Lake george, NY 12845
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