$239,900
Active
61 Days Online
4 Beds3 Baths2,804 SQFT
Active

1385 County Route 29 Olmstedville, NY 12857

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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/1BA 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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyEssex
  • Taxes$1,129
  • HOA/Condo/Coop Fees$0
  • Days on Site60 Days
  • MLS StatusActive
  • MLS ID Number202422837
  • Home Size Source N/A
  • Year Built1935
  • Lot Size0.2 Acres
  • Full Baths2
  • Partial Baths1

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Schools

School District
Minerva
Elementary School
Minerva Central Elementary School
Middle School
Unknown Middle School
High School
Minerva Central High School

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Monthly Payment (Est.)

$1,206
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