899 E Shore Dr - Storefront Retail/Residential FOR SALE


Adirondack, NY 12808
$699,900 USD
518-488-2434
899 E Shore Dr, Adirondack, NY for Sale
$699,900 USD
Storefront Retail/Residential - FOR SALE
1/46
null | 20.12% Cap Rate

Aug '26


899 E Shore Dr
Adirondack, NY 12808


HIGHLIGHTS

  • Schroon Lake
  • Nearby Beach
  • Daily Traffic Count

OVERVIEW

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 before 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. These two residential apartments could generate approximately $23,000+ per year in passive revenue, making them 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. Schedule a tour today!

FOR SALE DETAILS

PRICE

$699,900 USD

PRICE/SF

$89 USD /SF

CAP RATE

20.12%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Adirondack General Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Convenience Store, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1855

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

02

APN/PARCEL ID

522800-020-010-0001-014-000-0000

ASK ABOUT THIS PROPERTY

Rich CarrCarr Real Estate Group, LlcMore Info
518-488-2434

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Rich CarrCarr Real Estate Group, LlcMore Info
518-488-2434

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.