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32336192
33214377

581 U.S. Route 9, Schroon Lake, NY 12870 For Sale

ES
NY NY10301217507
Julie & Co Realty
Listed by Julie & Co Realty
$989,000
142 days on market
Updated 52 days ago

581 U.S. Route 9

Details
APN 154600 156.12-2-4.100
Property Type Retail, Hospitality (+2)
Sub Type Restaurant, Bar (+1)
Square Footage 4,164
Price per SqFt $240
Price Per Acre $231,995
Year Built 1950
Buildings 6
Stories 2
Acreage 4.310
Zoning Commercial
Parking Spaces 35 spaces
Parking per 1,000 SqFt 8.41

Retail | 4,164 SqFt

Marketing description

Rare Opportunity: Witherbee's Carriage House Restaurant & Cabins Discover an extraordinary investment in the heart of New York's Adirondacks with the iconic Witherbee's Carriage House Restaurant, a beloved Schroon Lake institution offering unparalleled potential for savvy buyers. This remarkable offering includes a fully operational restaurant with seating for over 325 guests, perfectly positioned to serve both locals and the thriving tourist market. The property comes complete with four charming cottages boasting stunning lake views. Generate year-round revenue through short-term rentals and providing immediate income diversification. With room for additional cottages, the expansion possibilities are exceptional, allowing you to significantly scale the hospitality operation. The package also includes a vacant lot ideal for residential development or additional cottage construction. Spanning 4.31 acres across three parcels, this property offers both immediate cash flow and substantial long-term growth potential. Located just minutes from the Adirondack Northway for effortless accessibility, you'll be nestled in the quaint town of Schroon Lake, surrounded by year-round actives and attractions including Gore Mountain, Schroon Lake beach, boat launches, hiking trails and a recently renovated wedding venue just down the road. Whether you're an experienced restaurateur looking to acquire a turnkey operation, a developer ready to capitalize on the booming vacation rental market, or an investor seeking a diversified real estate portfolio, this once-in-a-lifetime opportunity delivers on every front. Listing includes parcels 156.12-2-4.100(1.54 acres), 156.12-2-4.200 (1.35 acres), 156.12-2-4.400 (1.42 acres).

Investment highlights

  • Building Ceiling Height: 22
  • Electric: 200+ Amp Service

Listing Contacts

ES
NY NY10301217507
Julie & Co Realty
Listed by Julie & Co Realty

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Additional Information

Name
Erin Steinbach
License
NY10301217507
Brokerage
Julie & Co Realty LLC
Brokerage Phone
518-222-6031
Title
Associate Real Estate Broker
Brokerage Address
18 Division Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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