Turnkey Restaurant Opportunity on Ausable
For Sale
$425,000
1878 Route 9, Keeseville, NY 12944
Well-established restaurant with real estate on the Ausable River.
Property Size4,152 SF
Price / SF$102.36
Days on Market249
Property Features for 1878 Route 9
General Information
Standard status
Active
Size
4,152 SF
Total Parking Spaces
50
Property subtype
Retail
Building Details
Building Size
4,152 SF
Year Built
1972
Listing Agency:
Coldwell Banker Whitbeck
(518) 578-0444
Listed By:
Adam Whitbeck
(518) 578-0444
Source:
Cbcworldwide
Added: Dec 3, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:54AM
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 Coldwell Banker Whitbeck
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12944, NY
4,088
Population
2,008
Households
2
Avg Household Size
44
Median Age
26%
College-Educated
91%
High-School Grad
91.0 sq mi
ZIP Area
45
Density / Sq Mi
$70,375
Median Household Income
$37,070
Median Earnings
$1,070
Median Rent
$150,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
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 $425,000.
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.
