Exceptional Investment Opportunity on Canada Street - Lake George, NY
This unique property is prominently located on the main thoroughfare of Lake George, offering unparalleled visibility and access in the heart of this world-renowned destination. Zoned for up to 20 luxury condominium units, the site boasts potential views of both Lake George and the vibrant activity along Canada Street—an ideal setting for premier residential or mixed-use development. The property is currently home to a long-established, highly successful restaurant and tavern, along with an adjacent, well-known delicatessen. The two-story main building features a full-service restaurant on the first floor, with additional dining space and a spacious outdoor deck on the second floor, perfect for seasonal enjoyment. The restaurant generated gross sales of $2,268,269 in 2024 and is offered as a fully equipped, turnkey operation. Both businesses operate year-round, providing consistent income in a high-traffic tourist market. Financials are available to qualified purchasers. Possible owner financing adds additional flexibility. The offering includes three parcels: 320 & 326 Canada Street and 20 Amherst Avenue, presenting a rare opportunity to acquire a premier assemblage in one of Lake George's most sought-after locations.
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Listing Snapshot
Price
$4,495,000
Days On Site
2000 Days
Bedrooms
N/A
Inside Area (SqFt)
13,000 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.6 Acres
Year Built
1950
MLS® Number
201723485
Status
Active
Property Tax
$27,727
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
6 months ago
Price changed to $4,495,000
6 months ago
Listing updated with changes from the MLS®
5 years ago
Status changed to Active
5 years ago
Listing first seen on site
General Features
Acres
0.6
Additional Property Use
RetailOther
Cross Street
20 Amherst St
Number Of Stories
2
Parking
OtherSee Remarks
Parking Spaces
40
Property Sub Type
Mixed Use
Sewer
Other
Special Circumstances
Standard
SqFt Total
13000
Water Source
OtherSee Remarks
Zoning
Commercial
Interior Features
Basement
Full
Cooling
Central Air
Heating
Baseboard
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Exterior Features
Construction Details
Wood Siding
Community Features
Accessibility Features
Accessible Approach with Ramp
School District
Lake George
Schools
School District
Lake George
Elementary School
Lake George
Middle School
Unknown
High School
Lake George
Listing courtesy of Charles Curto of Howard Hanna Capital Inc
Listing information is provided by Participants of the Global MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Global MLS.
Last checked: 2026-06-03 08:01 PM UTC
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