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    OFF-MARKET
    Investment properties

    320 Canada St, Lake George, NY 12845-1117

    2,559 SF 0.23 ac lot Built 1929
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US63-1272872
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1929
    Total area 2,559 SF
    Lot 0.23 ac (10,000 SF)
    Zoning code 05 - COMMERCIAL
    APN 522201 251.14-3-36
    UPID US63-1272872
    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
    Current use
    Occupant on record · Public records
    • Lakeaholic NY Clothing & Fashion Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Duffy S On Lk George INC · 2 yrs held
    Duffy S On Lk George INC
    since 2023
    2 recorded transactions
    2023
    1969
    Zoning & alternative use
    05 - COMMERCIAL · Lake George, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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