Lakefront Bed &
250 Lake Street Rouses Point, NY 12979
250 Lake Street, Rouses Point, NY, 12979
$975,000
For Sale
$975,000
COMMERCIAL - Rouses Point, NY
Property Size7,729 SF
Lot Size1.90 Acres
Price / SF$126.15
Days on Market51
Property Features for 250 Lake Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Laundry Room
- Parking features
- Off Street, Driveway, Parking Lot
- Interior features
- Granite Counters, Breakfast Bar, Built-in Features, Eat-in Kitchen, Entrance Foyer, High Speed Internet, In-Law Floorplan, Natural Woodwork
- Exterior features
- Balcony, Courtyard, Lake Access Steps, Private Yard, Rain Gutters
- Basement
- Sump Pump, Interior Entry, Full, Exterior Entry
- Appliances
- Dishwasher, Dryer, Electric Oven, Electric Water Heater, Exhaust Fan, Free-Standing Electric Oven, Free-Standing Range, Refrigerator, Water Heater
- Standard status
- Active
- Size
- 7,729 SF
- Lot size
- 1.90 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3142
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Radiant, Baseboard, Electric (Heating)
- Cooling system
- Window Unit(s)
- Water source
- Public
- Water front features
- Waterfront, Beach Access, Lake Front, Lake
- Water front
- 1
Building Details
- Year built
- 1911
- Flooring type
- Wood, Hardwood, Tile - Ceramic
- Building materials
- Brick
- Roof type
- Membrane, Slate
Listing agency
Four Seasons Sotheby's International Realty
(518) 685-4500
Listed by
Brian Dominic
(518) 593-6136
Added: Jun 1 Updated: Jul 11 at 12:34AM Checked: Jul 21 at 4:06PM
MLS# 207452
Copyright © 2026 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Owner occupied lakefront brick mansion currently operated as a bed and breakfast or Airbnb, featuring four luxury bedrooms and two additional bedrooms used as the owner’s suite. The property includes a detached carriage house with five one-bedroom long term apartments.
The home is situated on Lake Street in Rouses Point, NY, with sweeping wraparound porches and panoramic lake views.
Offered with the property plus a turnkey package including the business and guest list, with only a few personal affects remaining. The overall configuration supports both short term guest accommodations in the main residence and long term apartment units in the carriage house.
The home is situated on Lake Street in Rouses Point, NY, with sweeping wraparound porches and panoramic lake views.
Offered with the property plus a turnkey package including the business and guest list, with only a few personal affects remaining. The overall configuration supports both short term guest accommodations in the main residence and long term apartment units in the carriage house.
Key Highlights
- Lakefront brick home built in 1911 with lake and beach access, plus water access steps and panoramic lake views
- Detached carriage house includes five 1‑bedroom long‑term apartments
- In‑law floorplan with an entrance foyer, built‑in features, natural woodwork, and eat‑in kitchen with breakfast bar
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $115.9k | $15.00 |
| − Vacancy | −$9.3k | −$1.20 |
| EGI | $106.7k | $13.80 |
| − OpEx | −$48.0k | −$6.21 |
| NOI | $58.7k | $7.59 |
7,729 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$838.0K
$733.3K – $977.7K
NOI $58,663 @ 7.0% cap · market cap 6.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.13M
$1.86M – $2.49M
NOI $149,139 @ 7.0% cap · market cap 15.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bed & Breakfast - Au ...
Bed & Breakfast
Similar For Sale Nearby
Similar Off Market Nearby
- Bed & Breakfast - Au Bord du Lac - By the Lake - Rouses Point — 250 Lake St, Rouses Point, NY 12979
FAQs
What type of property is this?
Bed & breakfast - Lakefront brick mansion offers a bed and breakfast setup with four luxury bedrooms plus an attached owner suite.
Where is this bed & breakfast located?
The property is located at 250 Lake Street Rouses Point, NY.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Lakefront brick home built in 1911 with lake and beach access, plus water access steps and panoramic lake views; Detached carriage house includes five 1‑bedroom long‑term apartments; In‑law floorplan with an entrance foyer, built‑in features, natural woodwork, and eat‑in kitchen with breakfast bar
