Ottawa St Lake

Lake George, NY 12845

$1,205,000
Last Sold Price
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Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
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per Sq. Ft.
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Closed 4/3/25
Closed 4/3/25
49 Amherst
49 Amherst
49 Amherst
49 Amherst
49 Amherst
49 Amherst
49 Amherst
49 Amherst
49 Amherst
49 Amherst
49 Amherst
49 Amherst
49 Amherst
49 Amherst
49 Amherst
49 Amherst
49 Amherst

Description

This excellent investment property in the very heart of Lake George, is available for the first time in nearly 50 years. The parcel, located at the intersection of Amherst and Ottawa Streets, is the long- term home of Price Chopper. The tenant corporation has an extended lease agreement that insures their option for this location for up to 17 years with escalations for each renewal. This operation is not only a cornerstone to Lake George Village but the location just one block off Canada St couldn't...This excellent investment property in the very heart of Lake George, is available for the first time in nearly 50 years. The parcel, located at the intersection of Amherst and Ottawa Streets, is the long- term home of Price Chopper. The tenant corporation has an extended lease agreement that insures their option for this location for up to 17 years with escalations for each renewal. This operation is not only a cornerstone to Lake George Village but the location just one block off Canada St couldn't be more prime. The building has a new roof with a 10-year warranty and maintenance of the property is the tenant's responsibility. At this price, this offering is a long-term money maker for the savvy investor!
  1. Listed by Jeffrey P York • Berkshire Hathaway HomeServices Blake, REALTORS
    P: (518)-796-9814 C: (518)-796-9814 jeffandpamyork@gmail.com
  2. Listed by Robert L Sears • Berkshire Hathaway HomeServices Blake, REALTORS
    P: (518)-793-7940 C: (518)-793-7940 bsears@bhhsblake.com

Property Details for Ottawa St Lake

Architectural Style
Commercial
Zoning
Commercial
Parking Total
30.00
LISTING UPDATED: 04/07/2025 02:06 PM

Property Details for Ottawa St Lake

StatusClosed
MLS #202510862
Days on Market17
Taxes$8,986 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1955
Lot Size0.55 AC / 23,958 SF
CountyWarren County
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Location

Listing Courtesy of Berkshire Hathaway HomeServices Blake, REALTORS

Sold By Berkshire Hathaway HomeServices Blake, REALTORS

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Building Information for Ottawa St Lake

Stories-Residences-Year Built1955Lot Size0.55 AC / 23,958 SF

Payment Calculator

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$6,817 per month

30 year fixed, 6.46% Interest

Principal and Interest

$6,068

Property Taxes

$749

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for Ottawa St Lake

Summary
Location and General Information
  • Postal City: Lake George
  • Directions: Corner of Ottawa & Amherst in the Village of Lake George. Using GPS to find location? Enter: 49 Amherst Street, Lake George.
  • City: Lake George Village
  • State Or Province: NY
  • Postal Code: 12845
  • County Or Parish: Warren
  • Latitude: 43.43
  • Longitude: -73.71
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 12.000
  • Tax Block: 3
  • Parcel Number: 522201 251.14-3-12
  • Tax Tract: 251.14
  • Tax Annual Amount: $8,986.00
Parking
  • Attached Garage: No
  • Parking Features: Off Street, Paved, Private
Property
Property and Assessments
  • Possession: At Closing
  • Property Type: Commercial Sale
  • Property Type Label: Commercial Sale
  • Current Use: Retail
Lot Information
  • Lot Features: Road Frontage, Corner Lot
  • Year Built: 1955
  • Lot Size Dimensions: 150 x 160
  • New Construction: No
  • Lot Size Acres: 0.55
  • Lot Size Area: 0.55
  • Lot Size Units: Acres
  • Lot Size Square Feet: 21004.4
Building Information
  • Business Type: Grocery
  • Business Name: 23,958
Utilities
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Association Amenities: None
Interior Features
  • Heating: Forced Air, Natural Gas
  • Roof: Rubber
  • Electric: Three Phase
  • Construction Materials: Block
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Notational: .00
Unit Information
Unit 1
  • Unit Dining Room Type : None: Yes
  • Unit Dining Room Type : Other: Yes
Rental
Rental Information
  • Tenant Pays: Heat, Internet, Sewer, Snow Removal, Telephone, Trash Collection, Water, Central Air, Electricity, Gas, Grounds Care

Property History for Ottawa St Lake

DateEvent & SourcePriceAppreciation
Apr 3, 2025

Sold

GLOBAL MLS #202510862

$1,205,000—
Feb 4, 2025

Pending

GLOBAL MLS #202510862

—
Feb 3, 2025

In Contract

GLOBAL MLS #202510862

—
DateEvent & SourcePrice
04/03/2025

Sold

GLOBAL MLS #202510862

$1,205,000
02/04/2025

Pending

GLOBAL MLS #202510862

—
02/03/2025

In Contract

GLOBAL MLS #202510862

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near Ottawa St Lake

This home is within Lake George Central School District.
Rating
School
Type
Grades
Distance
Lake George Elementary School
Public - PK to 6
Lake George Junior/Senior High School
Public - 7 to 12
Rating
School
Distance
Lake George Elementary School
PublicPK to 6

Lake George Junior/Senior High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Berkshire Hathaway HomeServices Blake, REALTORS

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