Attention all restauranteurs & investors! Multi-use commercial property in the heart of the Adirondacks just 8 minutes to Gore Mountain! This property is perfect for the chef that wants to open a restaurant & have a place to live. There are 2 apts & 1 restaurant. Apt 1 - downstairs 1BR/1BA is rented paying $500 /month which includes Internet & water & tenant pays electric. Apt 2 - upstairs 3BR/1BA currently an Airbnb. Projected monthly rent for a full-time tenant is $1200/month. Airbnb rate is $225 /night & is busy weekends in the summer & winter due to proximity to skiing, lakes & hiking. The restaurant incl a live edge bar & a wraparound porch-approx 30x50/1500 sf and is turnkey including plates, appliances, and everything you need to get started. Don't miss this fantastic opportunity!
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Olmstedville is located in New York. Olmstedville, New York has a population of 587. Olmstedville is more family-centric than the surrounding county with 38.22% of the households containing married families with children. The county average for households married with children is 24.2%.
The median household income in Olmstedville, New York is $56,875. The median household income for the surrounding county is $55,294 compared to the national median of $57,652. The median age of people living in Olmstedville is 42.1 years.
The average high temperature in July is 75 degrees, with an average low temperature in January of 4.4 degrees. The average rainfall is approximately 42.1 inches per year, with 105.3 inches of snow per year.
