5 Lower Montcalm Street
Lake George, NY 12845
$1,425,000
Location Location!!! Exceptional investment opportunity in the heart of Lake George Village! Less than 100 feet from the lake and Shepards Park beach, this mixed-use property offers spectacular lake views and outstanding income potential. Formerly operated as a successful restaurant with two residential apartments, this versatile property is ideal for investors, entrepreneurs, or developers looking to maximize its potential. Prime location with excellent visibility, strong pedestrian traffic, and close proximity to shops, restaurants, beaches, and all that Lake George has to offer. Whether you choose to reopen the restaurant, redevelop, or expand the existing income streams, this is a rare chance to own a true money-maker in one of the area's most sought-after locations. Endless possibilities await! Building is sold as is!!!
| Listing Id: | 202621700 |
|---|---|
| List Price: | $1,425,000 |
| Property Type: | Commercial Sale |
| Property Sub Type: | Business |
| Status: | Active |
| Living Area: | 4,500 |
| Tax Annual Amount: | $4,641 |
| Lot Size Square Feet: | 2,614.0 |
| Lot Size Acres: | 0.06 |
| Waterfront?: | No |
| City: | Lake George |
| County Or Parish: | Warren |
| Postal Code: | 12845 |
| Year Built: | 1950 |
| List Agent Full Name: | Darlene Zeh |
| Cooling: | Wall Unit(s), Other |
| Elementary School: | Lake George |
| Lot Size Units: | Acres |
| Water Body Name: | Lake George |
| Heating?: | Yes |
| Cooling?: | Yes |
| Basement: | false |
| Basement: | Apartment |
| State Or Province: | NY |
| Lot Features: | Views |
| View: | Lake |
| Building Area Total: | 4,500.0 |
| Stories: | 3 |
| Sewer: | Public Sewer |
| Lot Size Dimensions: | 2, 614 |
| Electric: | 440 Volts |
| High School: | Lake George |
| Lot Size Area: | 0.06 |
| Possible Use: | Apartment Plus, Mixed Use, Restaurant, Retail |
| Parking Features: | Carport, Off Street, On Street, Private |
| Current Use: | Restaurant |
| Zoning: | Commercial |
| Documents Change Timestamp: | 2026-07-16T15:17:21Z |
| Heating: | Forced Air |
| Directions: | Rte. 9N into Lake George Village. Right on Lower Montcalm St. at beginning of Shepards Park. Property on right directly behind Lake George Beach Club. |
| Business Type: | Mixed |
| Listing Contract Date: | 2026-07-13 |
| Parcel Number: | 522201 251.18-3-55.12 |
| List Agent Key: | 20211012220020987607000000 |
| Construction Materials: | Wood Siding |
| Waterfront Features: | Other |
| Parking Total: | 2 |
| Water Source: | Public |
| High School District: | Lake George |
| Security Features: | Carbon Monoxide Detector(s) |
| Postal City: | Lake George |
| Original List Price: | $1,675,000 |
| Contract Information Lease Considered: | No |
| Contract Information List Price Sq Ft: | $316.67 |
| Contract Information List Price Acres: | $23,750,000.00 |
| Property Detail Parking Yn: | Yes |
| Property Detail Building Available Sqft: | $4,500.00 |
| Property Detail Enhanced Accessible Yn2: | No |
| Parcel Tax Hoa Total Taxes Description: | Estimated |
| Financial Details General Taxes: | $2,333.45 |
| Financial Details General Taxes Description: | Estimated |
| Financial Details School Taxes: | $2,307.73 |
| Financial Details School Taxes Description: | Estimated |
| Number Of Buildings: | 1 |
| Approval Status: | Yes |
| Photos - the contractual owner of the photos Photo Owner 3: | Broker |
| Architectural Style: | Apartments, Bar/Tavern/Lounge, Commercial, Mixed Use, Restaurant |
Listing Courtesy of: Miranda Real Estate Group Inc
Listing Agent: Darlene Zeh
518-527-4026
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Data last updated October 08, 2026 05:02 PM - ET.
Property Last Updated: October 08, 2026 05:02 PM - ET
