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Investment Highlights

  • Prime Location
  • Established customer base
  • Multigenerational established business with community presence

Executive Summary

Turnkey, income-producing, profitable hardware store business with inventory and real estate included. 5 parcels

Attachments

4190 Brochure

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,164 SF
Building Class
C
Year Built
1954
Price
$2,140,348 CAD
Price Per SF
$233.56 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.62
Lot Size
0.34 AC
Zoning
Commercial - Commercial

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
  • Retailer
  • -
  • -
  • -

True Value grew around supporting independent hardware retailers through wholesale distribution and a consumer-facing retail brand. The company's business spans hardware products, tools, plumbing and electrical supplies, repair items, paint, garden goods, and farm-and-ranch products. True Value continues to serve a wide network of independently owned stores in the U.S. and internationally, with programs and product lines aimed at helping local retailers operate under their own names. In 2024, the company's brand and related assets were acquired by Do it Best, marking a major ownership change while the True Value name and retail support business remained active.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Not walkable
10/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Nearby Major Retailers

IGA
Community Bank

Property Taxes

Property Taxes

Parcel Number
403600-224-030-0001-007-000-0000
Land Assessment
$9,264 CAD
Improvements Assessment
$211,101 CAD
Total Assessment
$220,365 CAD
  • Listing ID: 39905891

  • Date on Market: 2026-03-25

  • Last Updated:

  • Address: 4190 State Highway 3, Star Lake, NY 13690

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