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503 Lake Ave 2,467 SF Retail Building Saint James, NY 11780 $923,933 CAD ($374.52 CAD/SF)

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Investment Highlights

  • Former home of Garguilo’s Bakery, a long-standing and highly regarded St. James institution with deep community recognition
  • Prominent corner location across from the train station with a 2,467 square foot main building, full basement, & additional storage structure
  • Delivered with all existing equipment, fixtures, and furniture in place, offering a fully turnkey opportunity for a bakery, café, or food service

Executive Summary

This property is the former home to long established Garguilo's Bakery, a staple in the town of St. James. This listing offers a rare commercial opportunity in a highly visible and well-traveled location at the prime corner of Lake Avenue and Railroad Avenue, directly across from the train station. The site includes a 2,467 square foot main building with a full basement featuring 8-foot ceilings, plus an additional 414 square foot storage building.
The main level offers 9-foot ceilings, hardwood flooring, central air conditioning, steam radiators, gas heat, and three phase electric service with four hundred amps. The lower level provides approximately 2,400 square feet of usable space, ideal for storage, prep, or operational support. The building sits on a quarter acre lot totaling 10,890 square feet and was constructed in 1963 with masonry concrete block construction, brick siding, and a flat roof. Utilities include community water and private septic.
The property features one half bath, 14 on-site parking spaces, and handicap accessible elements. This location benefits from strong visibility, steady foot and vehicle traffic, and immediate access to transportation.
This is an excellent opportunity for an owner user or investor seeking a well-located commercial building with existing restaurant approvals and flexible potential for redevelopment or continued commercial use.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,467 SF
Building Class
C
Year Built
1963
Price
$923,933 CAD
Price Per SF
$374.52 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.25 AC
Zoning
CB - Central Business
Parking
14 Spaces (5.28 Spaces per 1,000 SF Leased)
Frontage
60’ on Lake Ave

Amenities

  • Corner Lot
  • Metro/Subway
  • Restaurant
  • Storage Space
  • Air Conditioning
Walk Score®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

King Kullen
TD Bank
Flagstar
Starbucks
CrossFit

Property Taxes

Property Taxes

Parcel Number
0800-056-00-02-00-001-000
Land Assessment
$2,054 CAD
Improvements Assessment
$4,794 CAD
Total Assessment
$6,848 CAD
  • Listing ID: 39433400

  • Date on Market: 2026-02-13

  • Last Updated:

  • Address: 503 Lake Ave, Saint James, NY 11780

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