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Lake Luzerne Commercial Opportunity

746 Howe Road Lake Luzerne, NY 12846

Claim this Listing
For Sale
$1,340,000

COMMERCIAL - Other - Lake Luzerne, NY

Property size:
5,780 SF
Lot size:
17.84 Acres
Price / SF:
$231.83/SF
Added:
May 26, 2026
Days on Market:
49
Last Refresh:
Jul 13 at 11:06 pm

Property Features for 746 Howe Road

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Mixed
Bathrooms
5
Rooms
Bathroom 5, Bathroom 2, Bathroom 3, Bathroom 1, Bathroom 4
Parking
10
Patio and Porch features
Porch
Interior features
High Speed Internet, Paddle Fan, Vaulted Ceiling(s), Built-in Features, Cathedral Ceiling(s), Ceramic Tile Bath
Exterior features
Garden, Lighting
Basement
Interior Entry, Exterior Entry, Walk-Out Access
Standard status
Active
APN
523200 286.15-1-28.1
Size
5,780 SF
Lot size
17.84 Acres

Taxes and HOA fees

Tax Annual Amount
10295

Utilities

Sewer type
Septic Tank
Heating system
Propane (Heating), Forced Air
Cooling system
Central Air
Water source
Well
Water front features
Beach Front, Pond
Water front
1

Building Details

Year built
1960
Flooring type
Hardwood, Tile - Ceramic, Carpet, Tile
Building materials
Log, Wood Siding
Roof type
Asphalt
Architectural style
Other

Listing agent Joan E Taub License #30TA1068119

Listing office Berkshire Hathaway Home Services Blake 376 Broadway, Albany, NY

Listing date May 26, 2026

MLS# 202618017

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.


Investment Insights

Based on property information with market context.

This property, situated in Lake Luzerne, features two cabins on a single parcel, presenting opportunities for various uses. The main lodge includes a handicapped-accessible bathroom and a commercial kitchen, making it suitable for a restaurant, retreat, or wedding venue. The property's location in Lake Luzerne offers year-round activity with lakes, boating, camping, tubing, snowmobiling, skiing, cross-country skiing, and fishing. It is also located approximately 7 miles from Lake George Village. The 17.84-acre lot allows for potential subdivision or the addition of more structures, subject to site plan review. Formerly part of the Painted Pony Dude Ranch, the property has historical significance. A bar in the basement features Bob Dylan's name scratched onto its surface. Lake Luzerne is home to the Adirondack Folk School and the Lake Luzerne Music Camp, attracting many visitors. The property offers 5780 square feet of space and is zoned for mixed use.

Key Highlights

  • Two cabins on one parcel with lakefront features, including beach front and a pond
  • Main lodge has a handicapped accessible bathroom and a commercial kitchen
  • Basement bar includes Bob Dylan’s name scratched onto the surface

Local Financial Insights For Specialty Retail

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 $104.0k $18.00
− Vacancy −$4.4k −$0.76
EGI $99.7k $17.24
− OpEx −$24.9k −$4.31
NOI $74.8k $12.93
5,780 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.07M
$934.4K – $1.25M (±1% cap)
NOI $74,753 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.73M
$1.51M – $2.02M (±1% cap)
NOI $121,103 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Horseback Riding At The Painted ... Ranch

Suggested Use

(Bike/Boat/Book/etc) Store Real Estate Agency Grocery & Convenience Store Food Market Travel Agency Restaurant Department Store Bed & Breakfast Hotel & Motel

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

FAQs

What type of property is this?
Wedding venue - Versatile property with cabins, commercial kitchen, and development potential.
Where is this wedding venue located?
The property is located at 746 Howe Road Lake Luzerne, NY.
What is the asking price?
The asking price for this property is $1,340,000.
What are key features of this property?
This property features: Two cabins on one parcel with lakefront features, including beach front and a pond; Main lodge has a handicapped accessible bathroom and a commercial kitchen; Basement bar includes Bob Dylan’s name scratched onto the surface
Contact an agent
More about this property
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