$ 699,900
-
$699,900
Price -
0
Bed -
3
Bath -
5,178
SqFt
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About the Listing o2756A - 20206
An extraordinary, once-in-a-generation opportunity awaits at 899 E Shore Drive, Adirondack, NY. Positioned on the highly sought-after east side of Schroon Lake, this iconic property represents one of the longest continuously operating General Stores in the country. Serving as a historic and deeply loved community staple, this offering seamlessly pairs a highly profitable, turnkey enterprise with prime real estate and residential income. This complete turnkey acquisition is fully inclusive of the thriving business, the real estate, and the FF&E, with all retail inventory to be calculated separately prior to closing as an additional acquisition cost. The building features a fully equipped commercial kitchen and deli currently serving established breakfast and lunch crowds, with massive potential to add dinner. The retail floor is fully stocked with groceries, beverages, apparel, toys, supplies, an ATM, and curated Adirondack gifts ETC. For seasonal comfort and peace of mind, the building is equipped with hot water radiant heat, a winter woodstove, central AC, and an automatic 25KW LP backup generator to guarantee total operational security. The high-volume well features a full UV sanitation system, and the former gas pumps were properly decommissioned years ago with an official EPA letter on file. The second floor features excellent on-site residential assets, including two beautifully updated units, perfect for an owner to occupy as a primary residence with a fully floored attic for storage. This residential space could generate approximately $23,000 per year in passive revenue, making it perfect for an owner-operator or an investor seeking dual income streams. Remarkably, the store currently operates just 124 days out of the year, leaving massive room to scale. A new owner can easily expand the operational calendar, introduce a dinner menu, or capture untapped revenue from a loyal, daily local customer base. Step into a profitable, time-tested Adirondack tradition.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 3 Full
- Appliances: Fuel Tank(s)
- Air Cond: Central Air
- Heating: Forced Air,Oil
- Fireplaces:
- Floor: Wood,Ceramic Tile,Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Interior Entry,Partial,Unfinished
- Other: Walk-In Closet(s),Ceramic Tile Bath
- Water: Well
Exterior Details
- Lot Description: Views,Road Frontage,Level,Corner Lot,Landscaped
- Garage Capacity: N/A
- Parking Spaces: 10
- Lot Dimensions: 89 X 93
- Zoning: Commercial
- Roof: Shingle,Asphalt
- Others:
- Sewer: Septic Tank
- Parking Features: Off Street,Paved
Financial Details
- Tax Amount: $3,030
- Taxes w/Assessments: N/A
- Tax/Property ID: 522800 20.10-1-14
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
899 E Shore Dr Adirondack, NY 12808
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