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Adirondack Real Estate

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37 & 39 Broadway, Saranac Lake, NY 12983

$225,000
Property Type: Commercial Sale Square Footage: 7,695 Lot Size (sq. ft.): 4,356 Status: Closed
Current Price: $225,000 List Date: 6/11/2015 Last Modified: 9/02/2024

Description

These two commercial buildings are very prominent store fronts on Broadway. One building housed the former Cinderella Shop and has 4 rented apartments. Apartments are electric heat and tenants pay their own electric bill.The other building houses the stores Pink and Adirondack Trading Company. There are 2 rented apartments whose heat is paid by owner.

More Information MLS# 153257

Location, Tax, and Legal

Tax Annual Amount: 9020.24 Land Tax Annual Amount: 1944.65 Deed Date: 1989-05-20

General Property Information

Tax Assessed Value: 351000 Building Area Total: 7695 Year Built: 1926 Lot Size Acres: 0.1 Water Body Name: None

Status Change Information

Status Change Timestamp: 2015-11-02 Buyer Financing: Cash Concessions Amount: 0 Major Change Timestamp: 2015-11-02T20:28:19Z Major Change Type: Status Change Under Contract Date: 2015-08-07 Close Date: 2015-11-02 Close Price: 225000

Appliances

Electric Water Heater: 1

Basement

Exterior Entry: 1 Unfinished: 1 Walk-Out Access: 1

Construction Materials

Frame: 1 Wood Siding: 1 Other: 1

Cooling

None: 1

Deed Details

Instrument: Deed Page: 149 Volume: 850

Documents Available

Deed: 1

Electric

200+ Amp Service: 1

Financial Details

School Taxes: 3139.06 Village Taxes: 3936.53

Foundation Details

Stone: 1

Heating

Baseboard: 1 Electric: 1 Hot Water: 1 Oil: 1 Other: 1

Listing Terms

Conventional: 1

Parking Features

None: 1

Road Frontage Type

Public: 1

Roof

Metal: 1

Security Features

Carbon Monoxide Detector(s): 1

Special Listing Conditions

Standard: 1

Utilities

Internet Available: 1 Sewer Connected: 1 Water Connected: 1

View

Commercial: 1

Income and Expenses

Gross Income: 42420 Lawn Care/Snow Removal Expense: 0 Insurance Expense: 5244.15 Net Operating Income: 16174.31 Other Expense: 10258.74 Trash Expense: 631.02

Tenant Pays

Electricity: 1

Included

None: 1

Unit One

Total SqFt: 2220 Unit Name: Store Dimensions: 37 X 60 Warehouse SqFt: 68 Manufacturing SqFt: 0 Office SqFt: 0 Retail SqFt: 1404

Unit Two

Total SqFt: 953 Unit Name: Store Dimensions: 18 X 50 Warehouse SqFt: 410 Manufacturing SqFt: 0 Office SqFt: 33 Retail SqFt: 510 Ceiling Height: 10

Unit Three

Total SqFt: 1104 Unit Name: 2 Apts. Dimensions: 23 X 50 Warehouse SqFt: 0 Manufacturing SqFt: 0 Office SqFt: 0 Retail SqFt: 0 Ceiling Height: 8

Contract Information

Current Price: $225,000 Original List Price: 295000 Sold Price: $225,000 Status: Closed Listing Contract Date: 2015-06-11 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 37 & 39 Street Name: Broadway County: Franklin State: NY Postal Code: 12983 Subdivision Name: None MLS Area Major: Saranac Lake, Raybrook Township: Harrietstown School District: Saranac Lake Parcel Number: 447.69-10-4.100 Zoning: Commercial Directions: Two buildings are at 37 and 39 Broadway in Saranac Lake.

Property Features

Appliances: Electric Water Heater Basement: Exterior Entry; Unfinished; Walk-Out Access Construction Materials: Frame; Wood Siding; Other Cooling: None Documents Available: Deed Electric: 200+ Amp Service Foundation Details: Stone Heating: Baseboard; Electric; Hot Water; Oil; Other Included: None Listing Terms: Conventional Parking Features: None Road Frontage Type: Public Roof: Metal Security Features: Carbon Monoxide Detector(s) Special Listing Conditions: Standard Tenant Pays: Electricity Utilities: Internet Available; Sewer Connected; Water Connected View: Commercial
Listing Courtesy of Rob Grant & Assoc. R.E.
IDX
Information deemed reliable but not guaranteed.
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