This Property is no longer advertised on Showcase.com.
Off Market
1/22

429 Canada St
Lake George, NY 12845


HIGHLIGHTS

  • Exceptional Italian-American Restaurant in its 70th year of family ownership!
  • Open All Year! Lake George is America's first Vacation Destination!
  • Great Location in the Village of Lake George - plenty of parking!
  • Modern Stainless Steel Kitchen! All equipment updated & like new!
  • Live above the store! Three bedroom apartment for Owner!
  • Enormous Potential to take this iconic restaurant to the next level!

OVERVIEW

Don't miss this exceptional opportunity to acquire a successful restaurant, in its 70th year of continuous family ownership; located in Lake George, New York - America's Premier Vacationland! This free-standing building includes a beautiful main dining room, a terrace dining room, cozy bar and incredible kitchen outfitted with the most modern, well-maintained stainless-steel equipment in mint condition! Mario's of Lake George is an iconic restaurant, loved by locals and tourists alike, and open all year round! The beautiful building is situated on .41 acres and has plenty of parking and a spacious 3-bedroom Owners apartment and Office above the restaurant. Additionally, there's a full dry basement that offers plenty of storage, refrigeration and a commercial laundry the services the restaurants linens and uniforms. Mario's owners are retiring, and have lovingly owned and operated this iconic restaurant for generations. The numbers are impressive, yet there's an untapped potential to take the business to the next level by bringing a fresh look to the cuisine and décor of the lovely space.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Mario's Restaurant of Lake George

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Fast Food, Freestanding

TOTAL BUILDING SIZE

5630

STORIES

3

YEAR BUILT

1950

SPRINKLERS

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PARKING SPACES

16

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

522201-251-014-0002-036-000-0000