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Investment Highlights

  • Includes an active solar lease that generates predictable renewable energy income.
  • Conveniently located near Interstate 87 and positioned between major population centers, providing broad market access.

Executive Summary

The investment includes a long-term contracted solar lease providing predictable cash flow, along with additional interim rental income from existing on-site structures. The property features approximately 545 feet of commercial frontage comprising Opportunity Area 1 (approximately 4.6 acres), an additional 389 feet of frontage comprising Opportunity Area 2 (approximately 1.8 acres), and approximately 73.4 acres of accessible interior expansion land identified as Opportunity Area 3. The site is located approximately 25 minutes from Interstate 87, positioned between Montreal and New York City, and in close proximity to Lake George, Lake Champlain, and the greater Adirondack tourism corridor.
Opportunity Area 1 consists of approximately 4.6 acres with 545 feet of road frontage, offering strong visibility and access for commercial development. Existing rental structures currently generate interim income and may be removed to unlock full development potential. This area is well-suited for self-storage, RV and boat storage, flex industrial development, or tourism-oriented commercial uses.
Opportunity Area 2 includes approximately 1.8 acres with 389 feet of frontage and is well-suited for executive residential lots, duplex construction, or small-scale residential development independent of commercial operations.
Opportunity Area 3 encompasses approximately 73.4 acres of interior land accessible from the primary parcel, providing substantial long-term scalability. This acreage offers potential for phased commercial expansion, residential subdivision, additional storage development, land banking, or alternative uses subject to necessary approvals.
Unlike traditional development land that requires speculative carrying costs, this property generates ongoing income, reducing risk while a buyer conducts planning, entitlement, and phased development. This offering represents a yield-supported development platform providing downside protection with significant scalable upside potential, ideal for storage developers, renewable infrastructure investors, regional private equity groups, as well as solar and long-term land investors.

Property Facts

Price $5,621,200 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 250.00 AC
Zoning 02 - SINGL - medium-density residential district; mainly single- and two-family homes.

1 Lot Available

Lot

Price $5,621,200 CAD
Price Per AC $22,484.80 CAD
Lot Size 250.00 AC

This property is strategically organized into three defined Opportunity Areas, creating a flexible platform for phased commercial, residential, or mixed-use expansion while benefiting from long-term renewable energy income.

Description

49 Veterans Road is a unique investment opportunity in the Adirondack corridor, positioned for scalable mixed-use development and long-term income generation. The property benefits from an active solar lease providing steady cash flow, reducing speculative risk while unlocking future expansion options. Frontage areas along Veterans Road deliver strong visibility for commercial concepts such as self-storage, RV or boat storage, or flexible industrial uses, while additional interior acreage supports phased residential or recreational development. Situated approximately 25 minutes from Interstate 87 between Montreal and New York City, the site enjoys proximity to Lake George, Lake Champlain, and Adirondack tourism destinations, creating strong appeal for investors targeting hospitality, storage, renewable infrastructure, or regional land banking strategies. With multiple defined opportunity zones, the asset provides an adaptive platform for commercial and residential ventures while leveraging sustainable energy income and strategic location advantages.

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
154800-139-004-0001-001-110-0000
Land Assessment
$374,091 CAD
Improvements Assessment
$221,054 CAD
Total Assessment
$595,145 CAD
  • Listing ID: 39592089

  • Date on Market: 2026-02-26

  • Last Updated:

  • Address: 49 Veterans Rd, Ticonderoga, NY 12883

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