Description

This excellent investment property in the very heart of Lake George, is available for the first time in nearly 50 years. The parcel, located at the intersection of Amherst and Ottawa Streets, is the long- term home of Price Chopper. The tenant corporation has an extended lease agreement that insures their option for this location for up to 17 years with escalations for each renewal. This operation is not only a cornerstone to Lake George Village but the location just one block off Canada St couldn’t be more prime. The building has a new roof with a 10-year warranty and maintenance of the property is the tenant’s responsibility. At this price, this offering is a long-term money maker for the savvy investor!