Property profile

20 Amherst St Lake George, NY 12845

OFF-MARKET
Retail properties & Spaces
9,000 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail property, located at 20 Amherst Street in the vibrant Lake George Village, Warren County, New York, presents a lucrative investment opportunity. The property boasts a substantial 9,000 square feet of space, ideally suited for a variety of retail uses, currently configured as both a convenience store and a restaurant. The building is a two-story structure with ample parking for 40 vehicles, ensuring convenient access for customers and employees. Situated in the highly desirable 12845 zip code, this location benefits from significant foot traffic and high visibility, making it an attractive proposition for businesses seeking a strong presence in a thriving tourist destination. The asking price for this turnkey operation is $2,544,300. The property's strategic location in Lake George, NY, offers unparalleled access to a large and diverse customer base, making it an ideal investment for both established businesses and new ventures. With its generous square footage, ample parking, and prime location, this property is poised for continued success and significant return on investment. The property is ready for immediate occupancy, providing a seamless transition for new owners. This is a rare opportunity to acquire a well-established retail property in a highly sought-after location. Don't miss out on this chance to own a piece of Lake George's thriving commercial landscape.

Property profile

Verified
Property type Retail properties & Spaces
Total area 9,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Business Service Center Corporate Office

Location

20 Amherst St Lake George, NY 12845
Lake George metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 20 Amherst St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message