Property summary
This exceptional multi-use commercial property, located at 1385 County Route 29 Unit 1385, Olmstedville, NY, presents a unique investment opportunity in the heart of the Adirondack Mountains. Just eight minutes from Gore Mountain, this 2,804 square foot property sits on a 0.2-acre lot and offers a blend of residential and commercial spaces, ideal for a chef or investor seeking a turnkey operation. The property includes a fully equipped restaurant, ready to open its doors, boasting… approximately 1500 square feet of space, a live-edge bar, and a wraparound porch measuring approximately 30x50 feet. All necessary plates and appliances are included, making this a truly move-in-ready establishment. In addition to the restaurant, the property features two apartments. A downstairs one-bedroom, one-bathroom apartment is currently rented for $500 per month, inclusive of internet and water (tenant pays electricity). Upstairs, a three-bedroom, one-bathroom apartment is currently used as an Airbnb, generating significant revenue, particularly during peak seasons due to its proximity to skiing, lakes, and hiking trails. Projected monthly rent for this unit as a full-time rental is $1200. The Airbnb commands a nightly rate of $225 and enjoys high occupancy on weekends during summer and winter months. This property offers a compelling combination of income-generating rental units and a fully equipped restaurant, presenting a rare opportunity in a desirable Adirondack location. Priced at $239,900.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2020
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
1 recorded saleInstant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,804 SF
- Lot area
- 0.2 ac
- Year built
- 1935
- Stories
- 2
- APN
- 153400 164.23-4-7.000
- Zoning
- 07 - MIXED
- Assessed value · 2023
- $122,000
- Annual tax · 2020
- $2,574
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
The PDF can’t be displayed here
Use Download PDF or Open in new tab above to view the sample report.