60-62 Main Street

$449,900
Business For Sale - Active
  • Commercial
  • MLS # 202620938
Listing Provided By: KW Platform Robert Saumell Jr.518-926-8282

Property Details

  • Acres: 0.09
  • Town: Whitehall
  • Property Type: Commercial
  • School District: Whitehall
  • Estimated Taxes: $3,223
  • Lake/River: Champlain Canal
  • Water: Public
  • Sewer: Public Sewer
  • Heat: Hot Water, Radiant, Oil
  • Basement: Unfinished
  • Exterior: Brick
  • County: Washington
  • Cooling: Window Unit(s)
  • Parking Spaces: 5
  • Zoning: Mixed
  • Interior Features: Paddle Fan

Remarks

Looking to expand or start your investment portfolio? This mixed-use property with views of the Champlain Canal offers an outstanding opportunity with a strong, established income stream and an impressive 9% cap rate. Situated in the heart of Whitehall, the building features a successful restaurant on the first floor, now operating in its third year, along with four fully rented residential apartments upstairs. The residential units include two spacious 2-bedroom, 1-bath apartments and two studio apartments, providing a diverse rental mix and consistent occupancy. With all units leased and the commercial space already established, this is a true turnkey investment offering immediate cash flow and long-term potential. Whether you're a seasoned investor or looking for your first income-producing property, this is an opportunity you won't want to miss.

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Contact Daniel Davies

Contact Daniel Davies

NYS Licensed Real Estate Broker GRI, ABR, RSPS,SRS,C2EX
(518) 656-9068
dan@daviesrealty.net

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