PRICE REDUCED TO $4,000,000 – Landmark Multi-Income Commercial Property with Gas Station, Restaurant, Retail & Residential Space

Rare Real Estate Opportunity | Multiple Revenue Streams | Motivated Seller

Rare opportunity to acquire a distinctive, multi-use commercial property in one of Upstate New York’s established tourism markets. Due to family circumstances and relocation overseas, ownership is motivated to sell and has reduced the asking price to $4,000,000 for the entire property and operating businesses.

The primary value of this opportunity is in the real estate. Approximately 90% of the value is attributed to the property, improvements, infrastructure, and established commercial facilities. The existing businesses generate substantial revenue, but current ownership’s operating structure does not clearly demonstrate the full cash-flow potential of the combined operation.

For the right buyer, this represents an opportunity to acquire a significant real estate asset with multiple existing revenue streams and the infrastructure already in place to support future growth. An investor or experienced operator who can streamline operations, improve financial reporting, optimize the business mix, and maximize the use of the available space may be able to unlock additional value.

A Unique Property with Multiple Revenue Streams

The property combines a high-volume gas station, convenience store, three-story restaurant, additional commercial space, and residential or office accommodations—all included in the sale.

Strategically positioned near a major highway entrance to the area, the property benefits from significant tourist exposure and year-round traffic. It sits directly across from a busy mini-golf attraction and minutes from the Village and the lake, placing it in the heart of a popular Upstate New York tourism destination.

Ownership has invested approximately $4.3 million since 2007 in land acquisition, fuel infrastructure, restaurant expansion, commercial construction, and property improvements. Nearly $2 million has reportedly been reinvested over the past five years alone.

The result is an established destination property with substantial infrastructure, distinctive design, and several potential sources of income under one ownership.

Property Highlights

• Six fuel pumps, including two diesel pumps
• Approximately 25,000-gallon double-wall fiberglass underground fuel tanks
• Fully operational convenience store of approximately 2,000 square feet
• Three-story restaurant of approximately 4,100 square feet
• Indoor dining, rooftop seating, and outdoor deck seating
• Large walk-in cooler with 21 glass doors and three compressors
• Additional retail and commercial space with potential for rental income
• Mixed-use retail, office, and residential building constructed in 2021
• Approximately 825-square-foot first-floor retail/commercial space
• Upper-level apartment/office configuration with kitchen, bathroom, offices, bedrooms, and living areas
• Approximately 22 parking spaces, in addition to fuel-pump parking
• Four bathrooms on-site

Existing Revenue and Business Activity

The combined operation generates approximately $2.7 million or more in annual gross revenue, with reported annual cash flow of approximately $700,000 or more. These figures are based on ownership’s representations and should be independently verified during due diligence.

Fuel sales reportedly average approximately 400,000 gallons annually, with seasonal increases during peak tourism months. The property also benefits from extended operating hours, with the business remaining open until 2:00 AM while many nearby competitors close earlier.

The restaurant has an established local and tourist following, with reported monthly sales of approximately $30,000–$40,000 during the winter season and $100,000–$150,000 or more during peak summer months.

While these businesses generate meaningful activity and revenue, the current operating structure makes it difficult to determine a clear, fully supportable cash-flow picture. A buyer should evaluate the opportunity primarily as a real estate acquisition with operating businesses and multiple income-producing components, rather than relying solely on the historical cash flow presented by current ownership.

Additional Upside and Long-Term Potential

A new owner may explore several opportunities to improve the property’s overall performance:

• Professionalize operations and establish clearer financial reporting across the businesses
• Optimize staffing, purchasing, and operating expenses
• Maximize fuel, convenience store, and restaurant performance
• Lease available commercial space to third-party tenants
• Explore additional rental income from suitable office or residential areas
• Capitalize on seasonal tourism and extended operating hours
• Benefit from a nearby 400-unit apartment development currently under construction, which may increase the surrounding residential population and customer demand

The combination of real estate ownership, existing businesses, commercial infrastructure, and multiple potential income streams makes this a distinctive opportunity for an investor, experienced operator, hospitality group, or partnership with a long-term investment strategy.

Asking Price: $4,000,000 – Real Estate and Businesses

Ownership is motivated to sell due to family circumstances and relocation overseas. Qualified buyers are encouraged to evaluate the property’s underlying real estate value, existing improvements, income-producing components, and opportunities to enhance future performance.

Confidential sale. NDA, proof of funds, and buyer qualification required.