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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
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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