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Property profile & analytics

320 Canada St Lake George, NY 12845

  • Investment properties
  • 2,559 SF
  • 0.23 lot acres
For Sale
Last Sale
Aug 21, 2023
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-1272872
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Lakeaholic NY / Boutique

Property Details for 320 Canada St

Year built
1929
Lot size
0.23 lot acres
Property size
2,559 SF
Zone code
05 - COMMERCIAL
Property type
Investment properties
Property subtype
Retail residential properties
APN
522201 251.14-3-36
APU
52220125114336

Description

This exceptional retail property located at 320 Canada St, Lake George, NY 12845, presents a compelling investment opportunity. The property boasts a total of 2,559 square feet of retail space, currently operating at 100% occupancy under an Absolute NNN lease. The building sits on a 2,559 square foot lot, providing ample space for customers and potential future expansion. The asking price for this turnkey investment is $899,100. The property's prime location in Lake George, Warren County, New York, offers excellent visibility and accessibility, ensuring consistent foot traffic and strong tenant retention. The single-tenant occupancy simplifies management and minimizes vacancy risks, making this an ideal asset for investors seeking a stable and predictable income stream. The property's solid performance history and the strength of the current lease agreement make this a low-risk, high-reward investment prospect. This is a rare opportunity to acquire a well-established retail property in a desirable tourist destination. The property's size and location make it suitable for a variety of retail businesses, ensuring long-term value and potential for appreciation. Detailed financial information and lease terms are available upon request. Don't miss this chance to secure a profitable addition to your investment portfolio.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Lake George
County
Warren
State
New York
Longitude
-73.712
Latitude
43.4263
CBSA code
24020
CBSA name
GLENS FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$0.00
$207,500
$100
$207,600
-
$247,024
$119
$247,143
More about this property
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