2748 Essex Rd, Essex, NY 12936
This meticulously restored 1800s bluestone building in Essex, NY, presents a rare opportunity to acquire a thriving business and stunning residence. The 3,080 square foot property sits on a 0.13-acre lot and is currently operating as a successful year-round tavern, featuring regular live music and entertainment. The main floor offers a spacious, open layout ideal for a restaurant, bar, or retail establishment. Upstairs, a newly renovated two-story apartment provides breathtaking panoramic views of Lake Champlain, complete with a private balcony perfect for enjoying sunrises. This versatile property offers numerous possibilities, from continuing the established tavern business to establishing a new venture in the existing commercial space, all while enjoying luxurious lakefront living. Its prime location offers easy access to the Vermont ferry, is within 45 minutes of Lake Placid, and only 90 miles from Montreal. This is a chance to own a piece of Essex history and a vibrant, established business, all in one exceptional package. The asking price is $1,200,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
07 - MIXED · Essex, NYEssex. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.