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    FOR SALE
    Investment properties

    4921 Lake Shore Dr, Bolton Landing, NY 12814

    640 SF 0.52 ac lot Built 1968
    Individually Owned 22-yr Hold Free & Clear
    Property ID
    US63-6076758
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 4921 Lake Shore Drive in Bolton Landing, NY (zip code 12814), presents a rare investment opportunity. Situated on a spacious 0.52-acre lot, this established retail/garden center boasts a main building and five additional sheds of varying sizes, plus three greenhouses. The property benefits from a highly visible location on Lake Shore Drive, welcoming traffic from Lake George Village and Diamond Point. The existing business, operating for 30 years, enjoys a strong reputation and seasonal operation (6-8 months annually). Features include 200-amp service, public water and sewer, and five on-site parking spaces. The property is zoned Commercial General Business (GB5000) and Residential Medium Density (RM1.3). Heating systems include baseboard, electric, and a leased propane tank radiant system; cooling is provided by window units. Exterior features include Tex 11 and wood siding, landscaping, and exterior lighting. The interior offers high-speed internet access. The asking price is $1,125,000, with estimated annual property taxes of $2,776. This turnkey operation offers significant potential for growth and expansion. The sale includes all existing improvements on the lot. The property is located within the Bolton School District in Warren County, New York.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1968
    Total area 640 SF
    Lot 0.52 ac (22,651 SF)
    Zoning code TOB
    APN 522000 171.19-1-62
    UPID US63-6076758
    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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    by Request
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    Owner & transaction history
    Steven Budner · 22 yrs held
    Steven Budner
    since 2004
    1 recorded transaction
    2004
    $275,000
    Zoning & alternative use
    TOB · Bolton Landing, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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