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.
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