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Turn-Key Restaurant with Apartment
For Sale
$499,000

85 Lake Avenue, Lake Luzerne, NY 12846

Fully equipped restaurant with dining area and kitchen, plus a three-bedroom apartment included with the property.

Property Size4,500 SF
Price / SF$110.89
Days on Market84

Property Features for 85 Lake Avenue

General Information

Standard status Active
Size 4,500 SF
Property subtype Commercial

Additional Details

Business Included Yes
Multifamily Units 1

Building Details

Year Built 1976
Listing Agency: Miranda Real Estate Group Inc
Listed By: Darlene Zeh · License #40ZE1049998
Source: Signatureonerealtygroup
Added: Jun 13 Changed: Sep 2 Last Checked: Sep 4 at 9:55AM

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 Miranda Real Estate Group Inc

Investment Insights

Based on property information with market context.

This turn-key restaurant offering includes an established dining area and kitchen, with equipment already in place for the next owner. The property is presented as ready to reopen, with condition supported by the inclusion of photos taken when it was operating as a restaurant.

The business is located on Lake Avenue in Lake Luzerne and is described as being in a high-visibility area with strong exposure. The property also comes with a three-bedroom apartment, which is included as part of the overall offering.

Pictures are provided from the period when the restaurant was operating, supporting the turn-key presentation of the dining and kitchen configuration.

Key Highlights

  • Fully equipped restaurant with dining area and kitchen included
  • Restaurant includes the equipment needed to reopen and start serving
  • 3‑bedroom apartment included with the property

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon (Bike/Boat/Book/etc) Store Nail Salon Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby
4k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Cumberland Farms Shops & Services
4,220 visits/mo 0.1 miles

Demographics for 12846, NY

3,008
Population
2,338
Households
1.3
Avg Household Size
51
Median Age
26%
College-Educated
90%
High-School Grad
53.7 sq mi
ZIP Area
56
Density / Sq Mi
$47,449
Median Household Income
$41,500
Median Earnings
$942
Median Rent
$197,400
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully equipped restaurant with dining area and kitchen, plus a three-bedroom apartment included with the property.
Where is this conventional restaurant located?
The property is located at 85 Lake Avenue Lake Luzerne, NY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Fully equipped restaurant with dining area and kitchen included; Restaurant includes the equipment needed to reopen and start serving; 3‑bedroom apartment included with the property
More about this property
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