Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1878 Route 9 Keeseville, NY 12944

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $475,000

    Well-established restaurant with real estate on the Ausable River.

    Property size:
    4,152 SF

    Property Features for 1878 Route 9

    General Information

    Size
    4,152 SF

    Building Details

    Year built
    1972

    Source: Adam Whitbeck Agent Adam Whitbeck

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

    Overview

    Turnkey Restaurant Opportunity on Ausable River

    This turnkey business and real estate opportunity features a well-established restaurant along the Ausable River in Keeseville, NY. Gigi's on the River is a local institution with interior updates made since 2019 and a steady, year-round clientele. The waterfront property includes a welcoming entry, a 90-seat dining room, and a 14-seat indoor bar with 44 additional seats at tables within the bar. Recent additions include a 20-seat 3-season bar and a 42' x 42' composite deck with room for up to 65 guests, all overlooking the river. The commercial kitchen is large and well-equipped. The property has a new front roof added in September 2025, and other roofing was replaced last year. It includes a new boiler from 2019 and three new mini-splits. There are 50+ off-street parking spots. The land is mostly flat, highly usable, and with direct river frontage. The property size is 4152 square feet.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Keeseville
    County
    Clinton
    State
    New York
    Longitude
    -73.4723244
    Latitude
    44.5123155

    Nearby Similar for Sale

    • $130,000
      3,992 SF

      Historic Restaurant Opportunity in Keeseville

      Historic building ready for renovation as a restaurant or retail.
      1795 Route 9, Keeseville, NY 12944
      View Details
    • $199,000
      2,000 SF

      Established Liquor Store Business

      Thriving liquor store business for sale in Keeseville, NY.
      1735 Main St, Keeseville, NY 12944
      View Details
    • $359,900
      5,525 SF

      Keeseville Mixed-Use Property - $359,900

      Historic Colonial, Income-Producing, Pool
      276 Route 9N, Keeseville, NY 12944
      View Details
    • $174,900
      4,717 SF

      Keeseville Multi-Family Investment

      Prime location, high rental potential.
      1817 Route 9, Keeseville, NY 12944
      View Details
    • $199,900
      2,728 SF

      190 Pleasant St, Keeseville, NY 12944

      Commercial real estate • 2,728 SF
      190 Pleasant St, Keeseville, NY 12944
      View Details

    FAQs

    What type of property is this?
    Restaurant - Well-established restaurant with real estate on the Ausable River.
    Where is this restaurant located?
    The property is located at 1878 Route 9 Keeseville, 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: - Turnkey, well-established restaurant business ('Gigi's on the River') and real estate included.; - **Prime waterfront location on the Ausable River with significant outdoor dining space, including a new composite deck.**; - **High seating capacity:** 90-seat dining room, 14-seat indoor bar with 44 seats at tables within the bar, 20-seat 3-season bar, and 65-seat deck.
    (518) 578-0444
    Request Owner's contact information
    1878 Route 9 Keeseville, NY 12944
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1878 Route 9
    Keeseville, NY 12944
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1878 Route 9 Keeseville, NY 12944
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.