PRICE REDUCED – Family Relocating Overseas! Multi-Income Gas Station, Restaurant, Retail & Residential Opportunity with Real Estate | Asking $4.9M

Rare opportunity to acquire one of the most unique and recognizable commercial properties in the New York market. Due to family members going their separate ways and relocating out of the country, ownership has significantly reduced the asking price and is motivated to sell.

This fully owner-operated destination property includes a high-volume gas station, convenience store, 3-story restaurant, additional retail/commercial space, and apartment/office-style living quarters — all included with the real estate.

Strategically positioned as the first gas station and restaurant travelers encounter entering the area from the highway, the property benefits from tremendous tourism exposure and year-round traffic. Located directly across from a busy mini-golf attraction and only minutes from the Village and the lake itself, this site sits in the center of one of Upstate New York's strongest seasonal tourism markets.

Ownership has invested approximately $4.3 million into the property since 2007, including land acquisition, 25,000-gallon underground double-wall fuel tanks, fuel infrastructure, restaurant expansion, commercial additions, and continuous modernization. Nearly $2 million has been reinvested over the past five years alone, creating a true destination property featuring custom LED lighting, imported stone finishes, artificial palm trees, rooftop seating, and a distinctive Middle Eastern and Caribbean-inspired design.

The business currently generates approximately $2.7M+ in annual gross revenue with approximately $850K+ annual cash flow.

Additional upside exists through the mixed-use retail, office, and residential components of the property. Leasing the additional commercial and residential space can further increase both revenue and overall cash flow for an owner-operator or investor.

Property Features Include:

• 6 Fuel Pumps (including 2 Diesel Pumps)
• 25,000-Gallon Double-Wall Fiberglass Underground Tanks (Approx. 17 Years Old)
• Fully Operational Convenience Store (Approx. 2,000 SF)
• Fully Operational Three-Story Restaurant (Approx. 4,100 SF)
• Rooftop Seating, Outdoor Deck Seating & Indoor Dining
• Large Walk-In Cooler Featuring 21 Glass Doors & 3 Compressors
• Additional Retail/Commercial Space for Future Rental Income
• Newly Constructed Mixed-Use Retail, Office & Residential Building (Built in 2021)
• Approx. 825 SF First-Floor Retail/Commercial Space
• Second-Floor Apartment/Office Configuration with Kitchen, Bathroom, Offices & Bedrooms
• Apartment/Office-Style Upper Level with Multiple Rooms, Living Area, Kitchen & Bath
• Approximately 22 Parking Spaces Plus Fuel Pump Parking
• Four Bathrooms On-Site

Fuel sales remain exceptionally strong, averaging approximately 400,000 gallons annually, with significant seasonal increases during peak tourism months. The business also benefits from being one of the only late-night operations in the area, remaining open until 2:00 AM while most competitors close substantially earlier.

The restaurant has developed a loyal local and tourist following, generating approximately $30,000–$40,000 per month during the winter season and exceeding $100,000–$150,000 per month during peak summer months.

Further upside exists from a nearby 400-unit apartment development currently under construction, which is expected to substantially increase year-round population density, traffic counts, and customer demand.

Commercial properties of this scale, visibility, and income diversity rarely become available. This is an ideal acquisition for an investor, operator, hospitality group, or partnership seeking a landmark destination asset with multiple revenue streams, real estate ownership, strong tourism exposure, and significant long-term growth potential.

Newly Reduced Asking Price: $4.9 Million - Businesses & Property