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85 Montcalm St 5,394 SF 1% Leased Retail Building Ticonderoga, NY 12883 $314,082 CAD ($58.23 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Excellent long term rental history!
  • Unused space to create more income!
  • Builidng is in immaculate condition!

EXECUTIVE SUMMARY

Great investment property with excellent long-term tenants and rental history. Currently offering a main street store front with 3 apartments on the second floor. One large front apartment with 3-bedroom, one bath. The other two apartments both have 2 bedrooms and one bath. There is unused space to create another apartment for more income. Out on the rear deck you can enjoy the breeze, and a view of the river walk trail that is right outside the back door. The store front rental is currently a hobby store selling books, games, movies and more. The tenants pay all utilities including heat. Off street parking with ample space for tenant's and their guests. This property will pay for itself!!

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,394 SF
Building Class
C
Year Built/Renovated
1938/2015
Price
$314,082 CAD
Price Per SF
$58.23 CAD
Percent Leased
1%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.62
Lot Size
0.20 AC
Zoning
482 - Detached row building mixed-use
Parking
8 Spaces (1.66 Spaces per 1,000 SF Leased)
Frontage
42’ on Montcalm Street

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
154800-150-043-0004-001-000-0000
Land Assessment
$50,728 CAD (2024)
Improvements Assessment
$219,680 CAD (2024)
Total Assessment
$270,408 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023
  • Listing ID: 33278282

  • Date on Market: 2024-09-23

  • Last Updated:

  • Address: 85 Montcalm St, Ticonderoga, NY 12883

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