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86-88 Main St
Whitehall, NY 12887

Residential Property For Sale · 4 Units

Executive Summary

Opportunity to own a centerpiece commercial mixed-use building in the heart of downtown Whitehall. Fantastic investment opportunity w/13% cash on cash return at the gateway to Lake Champlain. This 3-story 12,000 sf brick building overlooks the canal w/fantastic views. Apartments are fully rented w/an annual income of $29,400. Great opportunity for small business owner as store-front is currently vacant. The retail space is over 4,000 sf. The largest unit is on the top flr & used to be part of a theater - it needs your vision & complete gut & offers soaring ceilings & exposed brick walls w/views of the boats passing through the canal. This could be an incredible owner-occupied unit or AIRBNB rental. Amtrak station 2 blocks away to Montreal or NYC. Property sold As-Is

PROPERTY FACTS

Price Per Unit £37,782
Sale Type Investment
No. Units 4
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.09 AC
Building Size 12,057 SF
Number of Floors 3
Year Built 1950
Parking Ratio 0.49/1,000 SF

Site Amenities

  • Waterfront

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 4 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
535201-051-017-0004-017-000-0000
Land Assessment
£7,000
Improvements Assessment
£80,019
Total Assessment
£87,019

zoning

Zoning Code Mixed (Mixed)
Mixed (Mixed)
  • Listing ID: 34257815

  • Date on Market: 20/12/2024

  • Last Updated:

  • Address: 86-88 Main St, Whitehall, NY 12887

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