Listed by Julie & Co Realty
$989,000
581 U.S. Route 9
Details
APN 154600 156.12-2-4.100
Property Type Retail, Hospitality
Sub Type Restaurant, Bar
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
Listed by Julie & Co Realty
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