320 Canada St, Lake George, NY 12845-1117
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.
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Lakeaholic NY Clothing & Fashion Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
05 - COMMERCIAL · Lake George, NYLake George. 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.