Riverside Mixed-Use Log
3633 Rt 9, Lake George, NY 12845
For Sale
$795,000
Commercial Sale, Lake George, NY
Property Size3,552 SF
Lot Size1.37 Acres
Price / SF$223.82
Days on Market96
Property Features for 3633 Rt 9
General Information
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Parking
Basement
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Elementary school
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Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
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Building Details
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Listing Agency:
Julie & Co Realty LLC
(518) 350-7653
Listed By:
Glenn Harris · License #10401337967
(518) 494-8318
Added: Aug 4
Changed: Oct 27
Last Checked: Nov 7 at 9:06PM
MLS# 202623220
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3,552-square-foot mixed-use property occupies 1.37 acres and features a cedar-and-log cabin built in 2000. Hardwood and carpet flooring, central air, electric baseboard and propane forced-air heating, public water, and septic service are in place. The property includes river frontage and may convey with furnishings if desired.
Located at 3633 Rt 9 near Exit 23 of the Adirondack Northway, the property recorded a 2019 NYSDOT AADT of 12,731 vehicles. It has 200 feet of Schroon River frontage and is positioned near Lake George Village, Warrensburg, and Adirondack recreation destinations. Commercial zoning is in place, and residential conversion may be possible subject to Town approvals. Any future short-term rental use would remain subject to applicable Town regulations and permitting requirements.
Located at 3633 Rt 9 near Exit 23 of the Adirondack Northway, the property recorded a 2019 NYSDOT AADT of 12,731 vehicles. It has 200 feet of Schroon River frontage and is positioned near Lake George Village, Warrensburg, and Adirondack recreation destinations. Commercial zoning is in place, and residential conversion may be possible subject to Town approvals. Any future short-term rental use would remain subject to applicable Town regulations and permitting requirements.
Key Highlights
- 1.37‑acre mixed‑use property with a 3,552‑square‑foot cedar‑and‑log cabin
- 200' frontage on the Schroon River
- Commercial zoning with potential residential conversion subject to Town approvals
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,985
Cap Rate
6.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,099,700
$1.1M
Cap Rate 7%
$785,500
$785.5K
Cap Rate 9%
$610,944
$610.9K
Market Conditions
NOI Build-Up for 3,552 SF
Gross rent
$85.2K $24.00/SF
− Vacancy
−$11.9K −$3.36/SF
EGI
$73.3K $20.64/SF
− OpEx
−$18.3K −$5.16/SF
NOI
$55.0K $15.48/SF
Area
Warren County, NY
Vacancy
14.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,099,700
Cap Rate 7%
$785,500
Cap Rate 9%
$610,944
Alternative Uses
Best Use
Office B
$785.5K
$687.3K – $916.4K
NOI $54,985 @ 7.0% cap · market cap 6.92%
Second Best
Mixed Use
$630.2K
$551.5K – $735.3K
NOI $44,116 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$1.06M
$930.3K – $1.24M
NOI $74,422 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
12,731 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
185
Businesses Nearby
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Business Placement
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
$371,700
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Warren County, NY
Properties on Market for Mixed-use properties in Warren County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercially zoned log cabin with river frontage, highway access, and potential residential conversion subject to Town approvals.
Where is this mixed-use property located?
The property is located at 3633 Rt 9 Lake George, NY.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 1.37‑acre mixed‑use property with a 3,552‑square‑foot cedar‑and‑log cabin; 200' frontage on the Schroon River; Commercial zoning with potential residential conversion subject to Town approvals
