44 Jct Rd Lake Clear, NY 12945

Property Details for 44 Jct Rd

Year built

1891

Lot size

8.80 lot acres

Property size

5,045 SF

Property type

Retail properties

Property subtype

Bars

Description

This exceptional mixed-use property in Saranac, NY, presents a rare investment opportunity. Located at 44 Junction Rd, this 5,045 square foot establishment sits on an 8.8-acre lot (APN: 422.-3-13.200) and boasts a rich history, dating back to 1891. The property includes a well-known restaurant and bar, strategically positioned at a high-traffic intersection of major snowmobile trails, ensuring year-round patronage. Further enhancing its appeal are 24 full hook-up campsites (with expansion potential), six rental rooms, and a separate rental cabin. Additional amenities include a laundry service, bathhouse, small pavilion, and a seven-stall storage barn. The property also features a stunning, original train station with preserved woodwork, sliding doors, and a loading dock. A four-bedroom owner's house is included on the property. The building features wood siding, a composition/rolled/hot mop roof, block and stone foundation, and central air conditioning. Heating is provided by above-ground propane tanks, and the property has 200+ amp electric service. A septic tank handles sewage, and water is supplied by a drilled well. Appliances include a bar fridge, built-in range, dishwasher, freezer, microwave, refrigerator, and water heater. Security features include smoke and carbon monoxide detectors. Off-street, lighted parking is available. This property offers a unique blend of established business and significant expansion potential, making it an ideal investment for a discerning buyer. The asking price is $2,750,000 ($545.09/sq ft).

Location Insight

City

Lake Clear

County

Franklin

State

New York

Longitude

-74.2523

Latitude

44.3351