Debra Smith
Licensed Real Estate Salesperson
REALTOR®
Margaretville, NY
Office: (845) 586-3321 (973) 479-6445
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5 Lower Montcalm Street, Lake George, NY 12845

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$1,675,000 Active
4,500 Sq Ft 0.06 Acres
Days on Site 4 Year Built 1950 School Lake George MLS #202621700
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Property Description

Location Location!!! Exceptional investment opportunity in the heart of Lake George Village! Less than 100 feet from the lake and Shepards Park beach, this mixed-use property offers spectacular lake views and outstanding income potential. Formerly operated as a successful restaurant with two residential apartments, this versatile property is ideal for investors, entrepreneurs, or developers looking to maximize its potential. Prime location with excellent visibility, strong pedestrian traffic, and close proximity to shops, restaurants, beaches, and all that Lake George has to offer. Whether you choose to reopen the restaurant, redevelop, or expand the existing income streams, this is a rare chance to own a true money-maker in one of the area's most sought-after locations. Endless possibilities await! Building is sold as is!!!

5 Lower Montcalm Street | MLS# 202621700

This commercial property located at 5 Lower Montcalm Street, Lake George, NY 12845 is currently listed for sale with an asking price of $1,675,000. Lower Montcalm Street is located within the Lake George school district. Search Lake George real estate on debbie-smith.timberlandproperties.com today.

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Property Features

Property Type: Commercial - Retail
Basement: Yes
Basement: Apartment
Cooling: Wall Unit(s), Other
Heating: Forced Air
Home Style: Commercial
Lot Size: 0.06 Acres
Stories: 3.0
Taxes: $4,641
Year Built: 1950

Feature Descriptions

Body of Water: Lake George
Body of Water: Lake George
Current Use: Restaurant
Days on Site: 4
Exterior: Wood Siding
Interior: High Speed Internet
Lot: Views
Lot Dimensions: 2,614
Parcel #: 522201 251.18-3-55.12
Parking: Off Street, Private, On Street, Carport
Parking Total: 2
Parking Total: 2
Security: Carbon Monoxide Detector(s)
Sewer: Public Sewer
Special View Info: Lake
SQFT Building Total: 4500
Water: Public
Waterfront: Other

Local Schools

High School: Lake George
Elementary School: Lake George
School District: Lake George
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5 Lower Montcalm Street, Lake George, NY 12845

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Listed By / Shown By

Listing By

Agency Name: Miranda Real Estate Group Inc
Agency Phone: 1 518-348-2060

Shown By

Agent Name: Debra Smith
Agent Phone: (973) 479-6445
Agency Title: Timberland Properties

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Debra Smith
Debra Smith Licensed Real Estate Salesperson Cell: (973) 479-6445 Email Me
All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/17/2026. The listing information on this page last changed on 07/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/17/2026 1:07:30 PM EST) or Global MLS (last updated Fri 07/17/2026 12:53:53 PM EST) or New York State Alliance MLS (last updated Fri 07/17/2026 12:59:47 PM EST) or Hudson Valley Catskill Region MLS (last updated Fri 07/17/2026 1:01:46 PM EST) or OneKey MLS (last updated Fri 07/17/2026 12:14:17 PM EST). Real estate listings held by brokerage firms other than Timberland Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.
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