30 Acres at Interstate Exit near Lake George

Chestertown, NY (Warren County)

Seller Financing Available
30 Acres at Interstate Exit near Lake George
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Asking Price: Get Financing: $2,990,000

Gross Revenue: N/A

Price/Sq. Ft.: $2.30

NOI: N/A

Building SF: N/A

FF&E: N/A

Year Built: N/A

30 Acres at Interstate Exit near Lake George

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Property Description

The last known vacant commercial parcel immediately adjacent to an Adirondack Northway Exit [I-87].. This is in the southeastern portion of the Adirondack Mountains and convenient for travelers to Lake Placid and Montreal.

This is perfect for a major outdoor recreation retail project [Bass Pro Shops, Cabela's, etc.] or a Lowe's or Home Depot, or supermarket chain. Most traffic is long distance travel related, although this is an area of many seasonal homes and outdoor activities. This location would be perfect for one or more motels and a restaurant. Great visibility.

Listing broker is the president and majority stockholder of the small corporation which owns the property.

Attached Documents


Detailed Information

Type:
Vacant Commercial Land
Building Status:
Permitted
Facilities:
Vacant land: mostly flat with sandy soils. Electric power on property.
Financing:
Various options available
Current Property Expenses:
Taxes and insurance only.
Location Description:
Near Lake George and on route to Lake Placid and Montreal. Very limited competition in this area, but solid traffic count all year., Perfect for Bass Pro Shop, Gander Mountain, etc. 1900 feet of frontage along I-87 [Adirondack Northway]. Within the Adirondack Park, but has the most flexible zoning possible - "Hamlet". Immediately at Exit 25 at Chestertown, and directly across the road from a New York State Department of Transportation building. 1/2 mile from a regional public school. NO PREDETERMINED DENSITY LIMIT!!
Current and Prior Use:
No structures have ever been built on this property.
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Stephen Borgos

Property Listed By:
Stephen Borgos

HANNA COMMERCIAL REAL ESTATE

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