Adirondack Real Estate

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10897 NY-73, Keene, NY 12942

$749,000
Property Type: Commercial Sale Square Footage: 2,765 Lot Size (sq. ft.): 19,166 Status: Active
Current Price: $749,000 List Date: 7/03/2026 Last Modified: 8/04/2026

Description

Exceptional investment opportunity in the heart of Keene, the gateway to the Adirondack High Peaks. This fully renovated three-unit investment property offers outstanding income potential with the flexibility for long-term rentals, short-term rentals, or owner occupancy. The building features two spacious one-bedroom units and one three-bedroom unit, each thoughtfully designed with two-story layouts, a full bath, and a convenient half bath downstairs. Every inch of the property has been meticulously renovated inside and out with high-end finishes, creating a truly turnkey investment that requires little more than finding your next tenants or guests. Further enhancing its appeal, the property retains its commercial zoning, opening the door to a wide variety of potential business uses or mixed-use opportunities. Generous off-street parking provides ample space for residents, customers, and visitors alike. Centrally located in Keene, just minutes from the High Peaks, Lake Placid, world-class hiking, skiing, climbing, and year-round recreation. This is a rare opportunity to own a beautifully renovated property with exceptional flexibility in one of the Adirondacks' most desirable communities. Whether you're expanding your investment portfolio, launching a business, or looking to live in one unit while generating income from the others, the possibilities are nearly endless. Owner is a licensed real estate agent.

More Information MLS# 207765

Contract Information

Short Term Rental Options: Property is available to rent STR with no local restrictions Current Price: $749,000 Original List Price: 795000 List Price: $749,000 Status: Active Listing Contract Date: 2026-07-03 Property Sub Type: Multi Family Listing Agreement: Exclusive Right To Sell

Location, Tax, and Legal

Tax Annual Amount: 6488.62 Land Tax Annual Amount: 2847.47 Deed Date: 2022-06-21

General Property Information

Tax Assessed Value: 483600 Stories Total: 2 Building Area Total: 2765 Year Built: 1899 Open Parking YN: 1 Open Parking Spaces: 10 Lot Size Acres: 0.44 Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2026-07-03 Major Change Timestamp: 2026-08-04T19:21:10Z Major Change Type: Price Reduced Price Change Timestamp: 2026-08-04T19:21:10Z

Appliances

Dishwasher: 1 Dryer: 1 Electric Water Heater: 1 Gas Range: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Basement

Partial: 1 Unfinished: 1

Construction Materials

Wood Siding: 1

Deed Details

Page: 184 Volume: 2087

Documents Available

Deed: 1 Lead Paint: 1 Property Condition: 1

Electric

200+ Amp Service: 1

Exterior Features

Lighting: 1 Private Entrance: 1

Financial Details

School Taxes: 3641.15

Flooring

Carpet: 1 Hardwood: 1 Laminate: 1 Tile: 1

Foundation Details

Block: 1 Stone: 1

Heating

Baseboard: 1 Oil: 1 Propane: 1 Wood Stove: 1

Interior Features

Apartment: 1

Laundry Features

Common Area: 1 Laundry Room: 1 Multiple Locations: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Lot Features

Back Yard: 1

Parking Features

On Site: 1 Open: 1 Parking Lot: 1

Property Condition

Updated/Remodeled: 1

Road Frontage Type

State Road: 1

Road Surface Type

Paved: 1

Roof

Asphalt: 1

Sewer

Septic Tank: 1

Structure Type

Multi Family: 1 Triplex: 1

Utilities

Cable Connected: 1 Electricity Connected: 1 Internet Connected: 1 Sewer Connected: 1 Water Connected: 1 Propane: 1

Water Source

Public: 1

Tenant Pays

All Utilities: 1

Building Features

Apartments: 1

Location Tax and Legal

Street Number: 10897 Street Name: NY-73 County: Essex State: NY Postal Code: 12942 MLS Area Major: Keene, Keene Valley School District: Keene Parcel Number: 53.27-3-1.100 Directions: Building is directly across from Hurricane road on Rt 73 in Keene.

Property Features

Appliances: Dishwasher; Dryer; Electric Water Heater; Gas Range; Microwave; Refrigerator; Washer Basement: Partial; Unfinished Building Features: Apartments Construction Materials: Wood Siding Documents Available: Deed; Lead Paint; Property Condition Electric: 200+ Amp Service Exterior Features: Lighting; Private Entrance Flooring: Carpet; Hardwood; Laminate; Tile Foundation Details: Block; Stone Heating: Baseboard; Oil; Propane; Wood Stove Interior Features: Apartment Laundry Features: Common Area; Laundry Room; Multiple Locations Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Back Yard Parking Features: On Site; Open; Parking Lot Property Condition: Updated/Remodeled Road Frontage Type: State Road Road Surface Type: Paved Roof: Asphalt Sewer: Septic Tank Structure Type: Multi Family; Triplex Tenant Pays: All Utilities Utilities: Cable Connected; Electricity Connected; Internet Connected; Sewer Connected; Water Connected; Propane Water Source: Public
Listing Courtesy of Berkshire Hathaway HomeServices Adirondack Realty
IDX
Information deemed reliable but not guaranteed.