Olmstedville NY Commercial for Sale

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Type:
Other
Sq.Ft.:
2,804
Status:
Active
Beds:
n/a
Lot size:
0.2 Acres
Year built:
1935
Baths:
MLS#:
202670

ADDITIONAL INFORMATION

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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Andrea Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

Based on information from the Adirondack-Champlain Valley MLS as of the date posted below. The information provided by the Adirondack-Champlain Valley MLS is deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Per New York legal requirement, click here for the Standard Operating Procedures. Copyright 2024 Adirondack-Champlain Valley MLS. All Rights Reserved.



Olmstedville Real Estate

The median home value in Olmstedville, NY is $214,250. This is lower than the county median home value of $232,900. The national median home value is $338,100. The average price of homes sold in Olmstedville, NY is $214,250. Approximately 39.51% of Olmstedville homes are owned, compared to 8.88% rented, while 51.61% are vacant. Olmstedville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Olmstedville real estate agent to arrange a tour today!

Olmstedville, New York has a population of 587. Olmstedville is less family-centric than the surrounding county with 20.42% of the households containing married families with children. The county average for households married with children is 22.25%.

The median household income in Olmstedville, New York is $65,000. The median household income for the surrounding county is $61,563 compared to the national median of $69,021. The median age of people living in Olmstedville is 55.1 years.

Olmstedville Weather

The average high temperature in July is 74.5 degrees, with an average low temperature in January of 4.4 degrees. The average rainfall is approximately 42 inches per year, with 91.7 inches of snow per year.

Olmstedville Real Estate Market Conditions

  • Median sales price

    $214,250
    13.4% change since last quarter
  • # Active listings

    3
    30-day change

Olmstedville Schools and Demographics

Education near Olmstedville, NY

Metric City County
High School Graduates 91.36 91.15
College Degree - 2 year 16.61 11.06
College Degree - 4 year 35.71 30.47
Graduate Degree 17.28 9.27
Expenditures per Student 33,170 33,170
Students per Teacher 10 10

Ungraded Schools near Olmstedville, NY

School Grades Students P/T Ratio ZIP
Indian Lake Central School PK - 12 123 5.3 12842
Johnsburg Central School PK - 12 349 10.3 12853
Minerva Central School PK - 12 122 6.2 12857
Newcomb Central School PK - 12 96 6 12852
Schroon Lake Central School PK - 12 210 9 12870

Demographics near Olmstedville, NY

Metric City County
Neighborhood Type Small Town
Population 587 37,501
Population Density 14 21
Median Age 55.1 48.3
People per Household 2.4 2.2
Median Household Income 65,000 61,563
Average Income per Capita 30,612 34,555