30 Acres at Interstate Exit - Near Lake George

Business Overview:

The last known vacant commercial parcel immediately adjacent to an Adirondack Northway [I-87] Exit. 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 a motel 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 restaurants. Great visibility.

Owner prefers to sell as one parcel, but smaller parcel may be considered. If purchased as corporate stock, owner will offer substantial price reduction.

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

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Property Features and Assets:

Vacant land: mostly flat with sandy soils. 1,900 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 staging area. 1/2 mile from a regional public school. NO PREDETERMINED DENSITY LIMIT!! SPDES permit in place! Survey completed. Test pits done. Deed restriction against sale of petroleum products has expired!!

Market Competition and Expansion:

This is vacant land waiting to be developed. Visible and accessible. Electric power at site. Services for travelers are needed in this area. Potential to establish a destination business.

Reason for Selling:

Land sale.

Additional Details:

Relevant Links:

• View more New York businesses for sale
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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.