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Property profile & analytics
FOR SALE
Conventional restaurants

320-326 Amherst St 20 Lake George, NY 12845

13,000 SF Built 1950
Property ID
US63-Q017399
Property summary
AI-generated overview

Exceptional Investment Opportunity on Canada Street - Lake George, NY This unique property is prominently located on the main thoroughfare of Lake George, offering unparalleled visibility and access in the heart of this world-renowned destination. Zoned for up to 20 luxury condominium units, the site boasts potential views of both Lake George and the vibrant activity along Canada Street—an ideal setting for premier residential or mixed-use development. The property is currently home to a long-established, highly successful restaurant and tavern, along with an adjacent, well-known delicatessen. The two-story main building features a full-service restaurant on the first floor, with additional dining space and a spacious outdoor deck on the second floor, perfect for seasonal enjoyment. The restaurant generated gross sales of $2,268,269 in 2024 and is offered as a fully equipped, turnkey operation. Both businesses operate year-round, providing consistent income in a high-traffic tourist market. Financials are available to qualified purchasers. Possible owner financing adds additional flexibility. The offering includes three parcels: 320 & 326 Canada Street and 20 Amherst Avenue, presenting a rare opportunity to acquire a premier assemblage in one of Lake George's most sought-after locations.

Property profile
Verified
Property type Conventional restaurants
Year built 1950
Total area 13,000 SF
UPID US63-Q017399
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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