$550,000
$499,000
10.2%For more information regarding the value of a property, please contact us for a free consultation.
5,800 SqFt
SOLD DATE : 01/27/2022
Key Details
Sold Price $550,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 5,800 sqft
Price per Sqft $94
MLS Listing ID 169509
Sold Date 01/27/22
Originating Board Adirondack-Champlain Valley MLS
Year Built 1972
Annual Tax Amount $4,620
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 80 X 178
Property Description
Whether you care to run a business or just lease the space out, there is tremendous potential for all the rentals in this building, existing as well as spaces that could be developed. A 1292 sq. ft. retail area on the first floor is currently vacant and could generate $1200. per month, 200 sq. ft. coffee shop with small kitchen could be an office. The current Adirondack Reader is 1300 sq. ft. of space and additional items added to current inventory of books, games, gifts and decorative accessories. Upstairs is a spacious 2 bedroom apartment that is rented and there is a year round cottage for rent. In addition there are two more spaces which could be developed into apartments. Each would have it's own entry. All spaces are year round and there is town sewer and off street parking. The location is perfect. The building has 80' of frontage along Route 28, the main street and is adjacent to the Town Hall, parking lot, beach and play areas. Owners will finance to a qualified buyer.
Location
State NY
County Hamilton
Zoning Commercial
Direction Located in the middle of Inlet, New York.
Rooms
Basement None
Interior
Heating Forced Air, Oil, Propane
Cooling Central Air
Appliance Electric Water Heater, Water Heater
Exterior
Parking Features Off Street, Parking Lot, Public Parking
Utilities Available Internet Available
View Commercial
Roof Type Composition
Street Surface Gravel,Paved
Road Frontage Public
Building
Lot Description Paved
Water Private
Structure Type Frame,Wood Siding
Schools
School District Inlet
Others
Senior Community No
Tax ID 59.015-1-37
Security Features Carbon Monoxide Detector(s)
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Special Listing Condition Standard
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