2401 St Hwy Caroga Lake, NY 12032
- Retail properties
- 4,418 SF
Current Use by Public Records
- Retail properties
Property Details for 2401 St Hwy
- Property size
- 4,418 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional commercial property, located at 2401 St Hwy 10 in Caroga Lake, NY 12032, presents a unique investment opportunity. The 4,418 square foot building sits on a substantial 40,946 square foot lot, offering ample space for both indoor and outdoor operations. Currently configured as a tavern and restaurant, the property boasts a prime waterfront location on East Caroga Lake, providing stunning views and direct access for water activities like kayaking and canoeing. The property's strategic location in the heart of the Adirondack Mountains attracts a diverse clientele year-round. During the winter months, it serves as a popular destination for snowmobilers seeking a cozy respite. In warmer months, the outdoor patio, complete with fire pits, creates a vibrant atmosphere for al fresco dining. The property also includes a billiards room, adding to its appeal and entertainment options. Its proximity to Sherman's provides additional opportunities for synergistic entertainment experiences. The ample seating capacity ensures comfortable accommodation for a large number of patrons. This turnkey business offers an established clientele and the potential for significant growth. The asking price for this remarkable property is $420,000. This is a rare chance to own a thriving lakeside business with significant potential in a highly desirable location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Caroga Lake
- County
- Fulton
- State
- New York
- Longitude
- -74.5229
- Latitude
- 43.1719
