For saleReduced $250,000 from $1,675,000

$1,425,000

4,500 SF building0.06 acre lotBuilt 1950

5 Lower Montcalm StreetLake George, NY 12845

Mixed-use property (from the listing description) · MLS 11884676 · Listed 115 days ago (Jul 13, 2026)

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Active: Listed and available according to the MyStateMLS feed.

About this property

Location Location!!! Exceptional investment opportunity in the heart of Lake George Village! Less than 100 feet from the lake and Shepards Park beach, this mixed-use property offers spectacular lake views and outstanding income potential. Formerly operated as a successful restaurant with two residential apartments, this versatile property is ideal for investors, entrepreneurs, or developers looking to maximize its potential. Prime location with excellent visibility, strong pedestrian traffic, and close proximity to shops, restaurants, beaches, and all that Lake George has to offer. Whether you choose to reopen the restaurant, redevelop, or expand the existing income streams, this is a rare chance to own a true money-maker in one of the area's most sought-after locations. Endless possibilities await! Building is sold as is!!!

Description provided by the listing brokerage.

Key facts

Asking price
$1,425,000
Original list price
$1,675,000
Status
For sale
Property type
Mixed useFrom the listing description
Building area
4,500 SFSource field LivingArea
Land area
0.06 acresSource field LotSizeAcres
Year built
1950
MLS number
11884676

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

Asking price
$1,425,000
Price per SF of building
$317/SFAsking price ÷ 4,500 SF reported building area
Annual taxes
$4,641

Building and site

Stories
3
County
Warren County

Reported features

  • Public water (from a listing field)
  • Parking reported (from a listing field)

A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.

Listing details

Heating

  • Forced Air

Parking

  • Carport

Construction

  • Wood Siding

Water

  • Public (Water Source)

Sewer

  • Other

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Lake George or mixed-use property in Lake George.

Why this listing is on Commercial Only

  • Property type as the listing describes it. (description: "…the lake and shepards park beach, this mixed-use property offers spectacular lake views and outst…")
  • MLS property class detail. (PropertyTypeDetail: commercial)

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Price and status history

  • Original list price reported by the brokerage: $1,675,000

Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

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Guides

Listing courtesy of Miranda Real Estate Group Inc. Listing agent: Darlene Zeh. Listings provided by MyStateMLS.

Listing last modified at the source Aug 19, 2026, 12:50 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 5, 2026, 3:31 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.