Commercial Real Estate Market in Lake George, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
36 active listings and 415 off-market properties in Lake George, NY. Commercial property asks $23/SF to buy and $38.00/SF/Yr to lease.
Market Trends
Lake George, NY spans 45.0 square miles in Warren County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Lake George, NY asks $123/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Lake George, NY asks $131/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Lake George, NY runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Lake George, NY asks $117/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Lake George, NY has 4,873 residents in 3,441 households. Density runs 108 people per square mile. Median household income here is $95,583 and median gross rent $1,064 a month.
4,873
Population
3,441
Households
1.4
Avg Household Size
52
Median Age
37%
College-Educated
94%
High-School Grad
45 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
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Assembly Point | — | — |
| Glens Falls | — | $11.43 |
Commercial property in Lake George, NY asks $23/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lake George?
Commercial property in Lake George, NY asks an average of $23 per square foot. The 4 most recent recorded sales traded at a median of $599/SF. Retail carries the highest asking price at $131/SF.
How much does it cost to lease commercial space in Lake George?
Asking lease rates in Lake George, NY average $38.00 per square foot per year.
Where does Realmo's Lake George market data come from?
Realmo compiles Lake George, NY figures from 5 recent recorded sales, 32 active sale listings, 4 active lease listings, 415 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 32 active for-sale and 4 active for-lease listings in Lake George, NY. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
