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1385 County Route 29

Olmstedville, NY 12857

Active

$239,900

Listing by:
Scott P Varley
KW Platform
518-281-6808

Seller financing is available. Attention all restauranteurs & investors! Multi-use commercial property in the heart of the Adirondacks just 8 min to Gore Mountain! This property is perfect for a chef that wants to open a restaurant & have a place to live. There are 2 apts & 1 restaurant. Apt 1 downstairs 1BR/1BA is rented paying $500 /m (could be $650) which includes Internet & water & tenant pays electric. Apt 2 upstairs 3BR/2BA currently an Airbnb. Projected monthly rent for a full-time tenant is $1200/month. Airbnb rate is $225 /night & is busy weekends in the summer & winter due to proximity to skiing, lakes & hiking. The restaurant incl a live edge bar & wraparound porch and is 30x50/1500 sf and is turnkey including plates, appliances, and everything you need to get started.

$239,900
4.0
Bedrooms
2
Bathrooms
2,804
Sq. Ft.
$ 86
$/Sq. Ft.
0.20
Acres
Year Built:
1935
County:
Essex
School District:
Minerva
Acres:
0.20
Listing Agent:
Scott P Varley
Listing Office:
KW Platform
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Features

Square Feet: 2,804
Town: Olmstedville
Bedrooms: 4
Full Bathrooms: 2
Estimated Taxes: $1,129
Water: Public
Sewer: Septic Tank
Heat: Forced Air, Oil
Garage: 0
Property Style: Traditional
Exterior: Vinyl Siding
Exterior Features: None
Cooling: None
Parking Spaces: 4

Location


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