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4190 State Highway 3 9,164 SF Retail Building Star Lake, NY 13690 $2,431,975 CAD ($265.38 CAD/SF)
Investment Highlights
- Prime Location
- Established customer base
- Multigenerational established business with community presence
Executive Summary
Property Facts
Amenities
- Corner Lot
- Signage
- Storage Space
- Smoke Detector
About 4190 STATE HIGHWAY 3 , STAR LAKE, NY 13690
Rare opportunity to acquire an income-producing, turnkey, well established, fully operational hardware and supply business in the heart of the Adirondacks with real estate, equipment and substantial inventory included. Prime location on State Highway 3, this multibuilding property spans 5 parcels and features a high visibility store front, multiple storage/warehouse buildings, lumber yard, garage, an on site apartment and 2 areas of deeded lake access, providing flexibility for both business operations and additional income potential. The business has a long standing, multigenerational presence in the community, serving both year-round residents and seasonal visitors with consistent demand for hardware, building materials, and essential goods in a market with limited competition. There is opportunity to increase revenue through expanded hours, product offerings, enhanced merchandising, or online sales. Detailed financials will be provided to qualified buyers. Corporation name not being sold.
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Retailer
- -
- -
- -
True Value has a proud heritage of supporting the growth and success of independent retailers—it’s how they started, how they operate now, and how they see the future. In an age of retail chains and big boxes, they understand that both retail and wholesale customers still value quality products, exceptional service, and expert advice. This is the foundation of their business. After seven decades working with independent hardware retailers, today’s True Value is not only a stalwart of the industry, but also has the experience, the relationships, and most importantly the network of independent stores to ensure a long and bright future for the business. In 1948, John Cotter founded Cotter & Company, a retailer-owned company that included independently owned and operated stores. With the purchase of Hibbard, Spencer, and Bartlett in 1963, Cotter not only acquired the company but also the True Value trademark—a long-standing brand and presence since 1932.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 403600-224-030-0001-007-000-0000 | Improvements Assessment | $207,732 CAD |
| Land Assessment | $9,116 CAD | Total Assessment | $216,848 CAD |
Property Taxes
Presented by
Homes Realty of Northern New York
4190 State Highway 3
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