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10-Room Bed & Breakfast
For Sale
Contact for pricing
Pending

12 Mcgillis Ave, Lake George, NY 12845

Hospitality property with private-bath guest rooms, dining space, owner quarters, basement, and garage.

Property SizeContact for details
Days on Market144

Property Features for 12 Mcgillis Ave

General Information

Standard status Pending
Property subtype Retail, Hospitality

Financials

Asking Price $999,000
Business Included Yes

Amenities

10 guest rooms with private baths
dining area
owners' quarters
basement
garage
Listing Agency: Roohan Realty
Listed By: Olivia Huffman · License #NY 10401294609
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 9:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Roohan Realty

Investment Insights

Based on property information with market context.

This bed-and-breakfast property includes 10 guest rooms, each with a private bath, along with a dining area, owner quarters, basement, and garage. The configuration combines lodging accommodations with dedicated space for the operating owners.

The property is in downtown Lake George village, near Shepard Park and Million Dollar Beach. The offering includes 10 and 12 McGillis Ave together, providing a combined real estate opportunity associated with the bed-and-breakfast and bar/restaurant businesses.

Key Highlights

  • 10 guest rooms, each with a private bath
  • Includes dining area, owner quarters, basement, and garage
  • Located in downtown Lake George village

Property Analytics

Current Use

The Inn of Lake George Hotel & Motel Lobby Bar Bar & Pub

Suggested Use

Top Pick Auto Repair Shop HVAC Service Hair Salon Dental Office Nail Salon Kitchen & Bath Showroom

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

560
Businesses Nearby
6k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 100%
Courtyard Lake George Hotels & Casinos
5,524 visits/mo 0.3 miles
Quality Inn Lake George Hotels & Casinos
204 visits/mo 0.3 miles

Demographics for 12845, NY

4,873
Population
3,441
Households
1.4
Avg Household Size
52
Median Age
37%
College-Educated
94%
High-School Grad
45.0 sq mi
ZIP Area
108
Density / Sq Mi
$95,583
Median Household Income
$50,000
Median Earnings
$1,064
Median Rent
$371,700
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
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Frequently Asked Questions

What type of property is this?
Bed & breakfast - Hospitality property with private-bath guest rooms, dining space, owner quarters, basement, and garage.
Where is this bed & breakfast located?
The property is located at 12 Mcgillis Ave Lake George, NY.
What are key features of this property?
This property features: 10 guest rooms, each with a private bath; Includes dining area, owner quarters, basement, and garage; Located in downtown Lake George village
More about this property
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