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Adirondack Real Estate

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63-65 Main Street, Saranac Lake, NY 12983

$260,000
Property Type: Commercial Sale Square Footage: 8,250 Lot Size (sq. ft.): 5,663 Status: Closed
Current Price: $260,000 List Date: 1/24/2012 Last Modified: 9/02/2024

Description

Location, Location, Location, In the heart of DownTown Saranac Lake, in the heart of the Adirondacks is the perfect spot and a great investment! the restaurant has a 10 year lease in place at $2,000/month, PLUS 7 residential units makes this building a Cash Cow! Many major improvements, including electric meter bank, exterior painting. Some residential units have just received a face lift! Views of the Saranac River from back side of the building.

More Information MLS# 144981

Location, Tax, and Legal

Tax Annual Amount: 6995 Land Tax Annual Amount: 1584 APA: Hamlet Deed Date: 2006-08-14

General Property Information

Tax Assessed Value: 277000 Lot Size Dimensions: .13 Building Area Total: 8250 Year Built: 1920 Lot Size Acres: 0.13 Water Body Name: None

Status Change Information

Status Change Timestamp: 2015-06-03 Buyer Financing: Conventional Concessions Amount: 0 Major Change Timestamp: 2015-06-03T20:08:19Z Major Change Type: Status Change Under Contract Date: 2014-11-28 Close Date: 2015-06-03 Close Price: 260000

Appliances

Oil Water Heater: 1

Basement

Partially Finished: 1 Walk-Out Access: 1

Construction Materials

Brick: 1 Frame: 1

Cooling

None: 1

Deed Details

Instrument: deed Page: 78 Volume: 923

Documents Available

Deed: 1 Property Condition: 1

Electric

200+ Amp Service: 1

Financial Details

School Taxes: 2338 Village Taxes: 3073

Heating

Hot Water: 1 Oil: 1

Listing Terms

Cash: 1

Lot Features

Paved: 1

Parking Features

Off Street: 1 Parking Lot: 1

Road Frontage Type

Public: 1

Road Surface Type

Paved: 1

Roof

Flat: 1 Rolled/Hot Mop: 1

Special Listing Conditions

Standard: 1

Utilities

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

View

Commercial: 1 River: 1

Income and Expenses

Gross Income: 0 Lawn Care/Snow Removal Expense: 0 Other Expense: 9081.71 Trash Expense: 1440

Tenant Pays

Electricity: 1

Included

Equipment: 1 Fixtures: 1

Unit One

Total SqFt: 1500 Unit Name: China Ja Lease Rate: 1800 Warehouse SqFt: 0 Manufacturing SqFt: 0 Office SqFt: 0 Retail SqFt: 0

Unit Two

Total SqFt: 250 Unit Name: Say RE Lease Rate: 425 Warehouse SqFt: 0 Manufacturing SqFt: 0 Office SqFt: 0 Retail SqFt: 0

Unit Three

Total SqFt: 5925 Unit Name: 7 apts Lease Rate: 3250 Warehouse SqFt: 0 Manufacturing SqFt: 0 Office SqFt: 0 Retail SqFt: 0

Contract Information

Current Price: $260,000 Original List Price: 439000 Sold Price: $260,000 Status: Closed Listing Contract Date: 2012-01-24 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 63-65 Street Name: Main Street Suffix: Street County: Franklin State: NY Postal Code: 12983 Subdivision Name: None MLS Area Major: Saranac Lake, Raybrook Township: Harrietstown School District: Saranac Lake Parcel Number: 447.77.3-15 Zoning: Commercial Directions: Next to Post Office Pharmacy on Main St. in beautiful downtown Saranac Lake, The Capital of the Adirondacks!

Property Features

Appliances: Oil Water Heater Basement: Partially Finished; Walk-Out Access Construction Materials: Brick; Frame Cooling: None Documents Available: Deed; Property Condition Electric: 200+ Amp Service Heating: Hot Water; Oil Included: Equipment; Fixtures Listing Terms: Cash Lot Features: Paved Parking Features: Off Street; Parking Lot Road Frontage Type: Public Road Surface Type: Paved Roof: Flat; Rolled/Hot Mop Special Listing Conditions: Standard Tenant Pays: Electricity Utilities: Internet Available; Sewer Connected; Water Connected View: Commercial; River
Listing Courtesy of Say Real Estate
IDX
Information deemed reliable but not guaranteed.
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