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Listed by Richard Carr • Carr Real Estate Group, LLC

$ 699,900

Est. payment -/mo

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899 E Shore Drive Horicon, NY 12808

3 Baths

5,178 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,178 sqft

Price per Sqft $135

MLS Listing ID 202620626

HOA Y/N No

Year Built 1855

Annual Tax Amount $3,030

Lot Size 7,841 Sqft

Acres 0.18

Lot Dimensions 89 X 93

Property Sub-Type Retail

Source Global MLS

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

Location

State NY

County Warren

Zoning Commercial

Direction Glendale Rd to take a left on E Shore Dr, continue approx 5 miles around the east side of the

Interior

Interior Features Walk-In Closet(s), Ceramic Tile Bath

Heating Forced Air, Oil

Flooring Wood, Ceramic Tile, Hardwood

Inclusions Business & Building

Equipment Fuel Tank(s)

Exterior

Parking Features Off Street, Paved

Roof Type Shingle,Asphalt

Porch Porch, Pressure Treated Deck, Deck, Patio

Building

Lot Description Views, Road Frontage, Level, Corner Lot, Landscaped

Sewer Septic Tank

Water Well

Architectural Style Commercial

New Construction No

Schools

School District North Warren

Others

Tax ID 522800 20.10-1-14

Special Listing Condition Standard

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NEARBY SCHOOLS & PROPERTIES

Traci Cornwell

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+1(518) 334-3444

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Albany, NY