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Mixed-Use Property with Restaurant
For Sale
$449,900

60-62 Main Street, Whitehall, NY 12887

First-floor restaurant space is paired with four leased residential apartments.

Property SizeContact for details
Days on Market64

Property Features for 60-62 Main Street

General Information

Standard status Active
Property subtype Commercial
Occupancy 100%

Units

Unit Mix 2 x 2BR/1BA, 2 x studio
Multifamily Units 4

Additional Details

Cap Rate 9%

Building Details

Year Built 1950
Tenancy Multi
Listing Agency: KW Platform
Listed By: Robert Saumell Jr.
Source: Signatureonerealtygroup
Added: Jun 18 Changed: Aug 19 Last Checked: Aug 19 at 10:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Platform

Investment Insights

Based on property information with market context.

Built in 1950, this mixed-use property combines an operating restaurant on the first floor with four residential apartments above. The restaurant has been in operation for its third year, while the upstairs units are fully leased. The apartment mix includes two two-bedroom, one-bath residences and two studio apartments.

The property is located on Main Street in Whitehall and offers views of the Champlain Canal. All residential units are leased, and the property carries a 9% cap rate. The combination of established commercial operations and occupied residential space creates a clearly defined mixed-use configuration.

Key Highlights

  • First‑floor restaurant operating in its third year
  • Four fully rented residential apartments
  • Unit mix includes two 2‑bedroom, 1‑bath apartments and two studio apartments

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Parking Lot & Garage Building Supply Nail Salon Auto Parts Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

167
Businesses Nearby

Demographics for 12887, NY

4,966
Population
2,163
Households
2.3
Avg Household Size
42
Median Age
16%
College-Educated
93%
High-School Grad
89.7 sq mi
ZIP Area
55
Density / Sq Mi
$55,361
Median Household Income
$37,113
Median Earnings
$991
Median Rent
$121,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - First-floor restaurant space is paired with four leased residential apartments.
Where is this mixed-use property located?
The property is located at 60-62 Main Street Whitehall, NY.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: First‑floor restaurant operating in its third year; Four fully rented residential apartments; Unit mix includes two 2‑bedroom, 1‑bath apartments and two studio apartments
More about this property
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