An extraordinary, once-in-a-generation opportunity awaits at 899 E Shore Drive, Adirondack, NY. Positioned on the highly sought-after east side of Schroon Lake, this iconic property represents one of the longest continuously operating General Stores in the country. Serving as a historic and deeply loved community staple, this offering seamlessly pairs a highly profitable, turnkey enterprise with prime real estate and residential income. This complete turnkey acquisition is fully inclusive of the thriving business, the real estate, and the FF&E, with all retail inventory to be calculated separately prior to closing as an additional acquisition cost. The building features a fully equipped commercial kitchen and deli currently serving established breakfast and lunch crowds, with massive potential to add dinner. The retail floor is fully stocked with groceries, beverages, apparel, toys, supplies, an ATM, and curated Adirondack gifts ETC. For seasonal comfort and peace of mind, the building is equipped with hot water radiant heat, a winter woodstove, central AC, and an automatic 25KW LP backup generator to guarantee total operational security. The high-volume well features a full UV sanitation system, and the former gas pumps were properly decommissioned years ago with an official EPA letter on file. The second floor features excellent on-site residential assets, including two beautifully updated units, perfect for an owner to occupy as a primary residence with a fully floored attic for storage. This residential space could generate approximately $23,000+ per year in passive revenue, making it perfect for an owner-operator or an investor seeking dual income streams. Remarkably, the store currently operates just 124 days out of the year, leaving massive room to scale. A new owner can easily expand the operational calendar, introduce a dinner menu, or capture untapped revenue from a loyal, daily local customer base. Step into a profitable, time-tested Adirondack tradition
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Adirondack is located in New York. Adirondack, New York has a population of 408. Adirondack is less family-centric than the surrounding county with 7.35% of the households containing married families with children. The county average for households married with children is 24.15%.
The median household income in Adirondack, New York is $95,250. The median household income for the surrounding county is $68,765 compared to the national median of $69,021. The median age of people living in Adirondack is 62.5 years.
The average high temperature in July is 75.9 degrees, with an average low temperature in January of 6 degrees. The average rainfall is approximately 44.4 inches per year, with 76 inches of snow per year.