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    119 Lake Hill Rd Burnt Hills, NY 12019

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    For Sale
    $475,000

    Profitable ice cream business for sale or redevelopment opportunity.

    Property size:
    500 SF

    Property Features for 119 Lake Hill Rd

    General Information

    Size
    500 SF
    Source: Pyramidbrokerage

    Listing Agent: Pyramid Brokerage Albany

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Ice Cream Business Opportunity

    This is a going concern business for sale, featuring Mama's Ice Cream, which operates from May until Labor Day annually. The property offers the option to purchase an income-producing, turn-key establishment or redevelop the site. It is corner-located at the signalized intersection of Route 50 and Lake Hill Road. Opposite corners include a Stewarts and a CVS.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mama's Ice Cream Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    The Petal Pusher Florist

    Location Insight

    • Map
    • Local Demand
    City
    Burnt Hills
    County
    Saratoga
    State
    New York
    Longitude
    -73.8987613
    Latitude
    42.9101465

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    FAQs

    What type of property is this?
    Storefront property - Profitable ice cream business for sale or redevelopment opportunity.
    Where is this storefront property located?
    The property is located at 119 Lake Hill Rd Burnt Hills, NY.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Income-producing, turn-key ice cream business (Mama's Ice Cream) included in the sale.; - High-traffic corner location at a signalized intersection (Route 50 and Lake Hill Road).; - Redevelopment potential of the site.
    (518) 452-2700
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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
    119 Lake Hill Rd Burnt Hills, NY 12019
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