State Route 9 Chazy, NY 12921

Property Details for State Route 9

Year built

1920

Lot size

1.09 lot acres

Property size

37,281 SF

Property type

Commercial real estate

Description

Gray Gables, a significant Chazy landmark, presents a unique investment opportunity. This historic six-story building, constructed in the 1920s by local millionaire William H. Miner, boasts an impressive 37,281 square feet of space situated on a 1.09-acre lot at State Route 9 Unit 9627, Chazy, NY. Originally serving as housing for school teachers and their families, this substantial property offers immense potential for various uses. Its robust construction is evident in its 18-inch thick cement walls and cement floors, ensuring durability and longevity. High ceilings, measuring 12 feet, add to the spacious feel. The building is equipped with a powerful 1 million BTU boiler, providing efficient heating. A unique feature is the on-site ice house, a testament to the property's history, located on the river side and designed for winter ice harvesting and summer storage. Two elevators provide convenient access throughout the building. This remarkable property, offered for sale to the public for the first time since the 1980s, is priced at $4,900,000. Foreign investors are welcome. Companies seeking cost-effective temporary employee housing will find this property particularly attractive. The scale and historical significance of Gray Gables present a rare chance to acquire a substantial and versatile property in a desirable location.

Location Insight

City

Chazy

County

Clinton

State

New York

Longitude

-73.4372

Latitude

44.8891