Home: Real Estate for Sale: Gore Mt. & Schroon Lake Region: Listing 0027

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ADIRONDACK REAL ESTATE FOR SALE
CHESTERTOWN, NY
ESTABLISHED FAMILY RESTAURANT
REDUCED TO $290,000

Chestertown New York waterfront business for sale by owner

Adirondack Park Gore Mountain Schroon Lake real estate

DESCRIPTION
OVERVIEW
This well established year round restaurant/diner on busy State Route 8, with waterfront dining and seating for 103, has been in operation for over 50 years in the same location. It is located off the Adirondack Northway Route I-87, Exit 25, in Chestertown. The Silver Star Diner is popular with locals and is a must stop for vacationers and travelers alike. The restaurant boasts the "famous landmark" Silver Star Rooster where children and adults like to have their picture taken.

FACILITIES
3,000 square foot attractive building of wood frame construction with two dining rooms plus the diner counter, seating a total of 103 people and parking for 35 - 40 vehicles. Situated on .75 acres. Open year round with additional dining in the newly added knotty pine Adirondack room that overlooks Faxon Pond. Fully equipped kitchen with large walk in cooler/freezer. A complete list of equipment is available upon request. Propane is used for cooking and heating and the new Adirondack room has electric heat.

ADDITIONAL PROPERTY INFORMATION
Sale includes the Business, Building, and Land plus all inventory and equipment, roof sign, free standing signs, Rooster, all fixtures and furniture. Construction is a single story on a slab foundation. 
Heat system consists of radiant, warm air, and baseboard. 
Air conditioning - window units (4). 
Roof is metal and rubber roofing. 
Utilities - gas, telephone, water, electricity
Documents available - aerial, deed, site plan, survey, floor plan, P & L's

Waterfront commercial property for sale by owner Adirondacks

Waterfront realty for sale by owner Adirondack Mountains

FINANCIALS
Contact the owners for complete information.

INVESTMENT HIGHLIGHTS
- Under the same family ownership for over 10 years with a diversified repeat clientele.
- First diner off the Northway going west on busy NY Route 8, one of the gateways to Gore Mountain Ski Resort.
- Stable sales and profitability in an area whose attractions are diverse and of increasing regional appeal.
- Opportunity for further revenues by expanding an evening dinner menu and adding a full service bar.
- Wonderful lifestyle in a four season vacation environment in the beautiful Adirondack Mountains.

CUSTOMER PROFILE
- Year round local clientele.
- Travelers drawn to the beautiful lakes and nature of the Adirondack Mountains including famous Lake George with all of its many shops and attractions appealing to both adults and children.
- Spring White Water Derby and Trophy Trout Fishing.
- Summer vacationers who enjoy camping, fishing, hiking, and rafting.
- Fall foliage visitors and hunters.
- Winter sport enthusiasts skiing at nearby Gore Mountain, Snowmobilers.
- Motorcyclists attending Americade (famed weeklong rally for touring motorcycles) providing enormous economic boost to the region.
- Participants and visitors attending the annual Warrensburg Garage Sale (billed the worlds largest, with thousands of visitors from all over the Northeast).

FEATURES

Listing number: 0027
Property address: 5810 State Route 8, Chestertown, NY
County: Warren

Style: Family Restaurant
Number of bedrooms: 0
Number of bathrooms: 2
Approximate square feet: 3,000  
Lot size: 345 x 70 x 376
Approximate age: 52 years
Yearly taxes: $2,563
School district:
Chester 
Heating source: Propane, Electric

Water: Town
Sewer: Septic

Fireplace: No 
Waterfront: Yes
Dock: No
Garage: No
Basement: None

PRICE
$290,000
For estimated payments, click here for our mortgage calculator.

OWNER'S CONTACT INFORMATION
Thank you for mentioning Adirondack "By Owner" when you call or email.

Owner's telephone number: 518-494-5084

Owner's email address: sgiroux@nycap.rr.com        

This property listing is an advertisement.  Please read our DISCLAIMER for more information.

Home: Real Estate for Sale: Gore Mt. & Schroon Lake Region: Listing 0027

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