899 E Shore Drive, Adirondack, NY 12808

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Property Description

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.

899 E Shore Drive | MLS# 202620626

This commercial property located at 899 E Shore Drive, Adirondack, NY 12808 is currently listed for sale with an asking price of $699,900. E Shore Drive is located within the North Warren school district. Search Adirondack real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial - Investment
Basement: Interior Entry, Partial, Unfinished
Basement: Yes
Cooling: Central Air
Heating: Forced Air, Oil
Home Style: Commercial
Lot Size: 0.18 Acres
Roof Type: Shingle, Asphalt
Stories: 2.0
Taxes: $3,030
Year Built: 1855

Feature Descriptions

Association Amenities: None
Current Use: Business, Mixed Use, Multi-Family, Restaurant, Retail
Days on Site: 1
Equipment: Fuel Tank(s)
Exterior: Wood Siding
Flooring: Wood, Ceramic Tile, Hardwood
Interior: Walk-In Closet(s), Ceramic Tile Bath
Lot: Views, Road Frontage, Level, Corner Lot, Landscaped
Lot Dimensions: 89 X 93
Parcel #: 522800 20.10-1-14
Parking: Off Street, Paved
Parking Total: 10
Parking Total: 10
Patio/Porch: Porch, Pressure Treated Deck, Deck, Patio
Security: 24 Hour Security
Sewer: Septic Tank
SQFT Building Total: 5178
Water: Well

Local Schools

High School: North Warren Central
Elementary School: North Warren Central
School District: North Warren

Demographics

Listed By / Shown By

Listing By

Agency Name: Carr Real Estate Group, LLC
Agency Phone: 1 518-488-2434

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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