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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,164 sqft
Price per Sqft $240
MLS Listing ID 202610703
Year Built 1950
Annual Tax Amount $5,907
Lot Size 1.500 Acres
Acres 4.31
Lot Dimensions 335'x157'x456'x95'x131'
Property Sub-Type Business
Source Global MLS
Property Description
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).
Location
State NY
County Essex
Zoning Commercial
Direction I87 to Exit 27, right off exit ramp. At stop sign take a left and #581 is about 2 miles up on the left.
Interior
Heating Forced Air
Flooring Hardwood
Exterior
Roof Type Shingle
Building
Sewer Septic Tank
Water Well
Architectural Style Multiple Dwelling Unit, Commercial
Others
Tax ID 154600 156.12-2-4.100
Nearby School & Business
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Erin Steinbach
Lic. Associate R. E. Broker | License ID: 10301217507
Lic. Associate R. E. Broker License ID: 10301217507