Mario’s Restaurant with Real Estate – Lake George

Mario’s Restaurant with Real Estate – Lake George
Price Reduced

Seize the rare opportunity to own a legendary restaurant with a remarkable 70-year history of continuous family ownership in Lake George, New York. This free-standing property boasts a stunning main dining room, a terrace dining area, a cozy bar, and a state-of-the-art kitchen equipped with impeccably maintained stainless-steel appliances.

Mario’s is a cherished icon, adored by locals and visitors year-round. Situated on a spacious .41-acre lot, the property includes ample parking, a full dry basement with extensive storage, refrigeration, and an on-site commercial laundry facility for linens and uniforms. Additionally, the second floor features a spacious three-bedroom owner’s apartment and office, offering both convenience and comfort.

With a solid track record of success and impressive financials, Mario’s still holds untapped potential. A fresh approach to the menu and décor could elevate this already thriving business to new heights. The retiring owners have lovingly operated this iconic restaurant for generations, making this an exceptional opportunity to carry on their legacy and bring your vision to life.

Property Details

Listing Price
$1,700,000
Listing Price (Additional Notes)
(For the Business & Real Estate)
Type
Includes Real Estate
Concept
Italian Restaurant
Sales
$1,200,000
Cash Flow
$262,360
Cash Flow (Additional Notes)
SDE
Location
Lake George, NY
State
New York
County
Warren County
Square Footage
5,630
Square Footage (Additional Notes)
square ft. building; 17,859 total sq.ft.
Seating
160
Parking
21 dedicated spots
Includes Real Estate
Yes
Liquor License
No
Licenses
Full liquor license
Hours
Open Thursday-Monday at 4p

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