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81-83 Canal St
Fort Plain, NY 13339
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 4 apts. on 2nd and 3rd floors
- Meticulously maintained by one family which has owned the property for over 100 years
- Directions: Corner of Canal St. & Mohawk St. in Fort Plain.
- 2 commercial store fronts on ground floor
- 8 car parking lot on adjacent lot is included
EXECUTIVE SUMMARY
Built in 1835 and owned by the same family for over a century. A true architectural treasure of the Erie Canal era, it has been meticulously maintained and preserved. The iconic clock tower, commissioned and still cared for by the Town of Fort Plain, crowns this masterpiece. Originally constructed for as the Montgomery Hall Hotel to serve canal builders, this storied building has also housed the Farmerstand Merchants Bank, a post office, and a Mason Temple. Mahogany doors and woodwork, ornate bannisters, and decorative ceilings and entryways. Modern updates complement its history, including a rebuilt furnace/boiler (2013) and electrical systems and meters, along with energy-efficient double-pane thermal windows
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
16,084 SF
Building Class
B
Year Built
1835
Price
$997,325 CAD
Price Per SF
$62.01 CAD
Percent Leased
57%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
4.92
Lot Size
0.08 AC
Zoning
CONF
Parking
8 Spaces (0.49 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 273001-046-046-0001-049-000-0000 | Improvements Assessment | $38,242 CAD |
| Land Assessment | $7,703 CAD | Total Assessment | $45,946 CAD |
PROPERTY TAXES
Parcel Number
273001-046-046-0001-049-000-0000
Land Assessment
$7,703 CAD
Improvements Assessment
$38,242 CAD
Total Assessment
$45,946 CAD
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