325 Nys Rte, Ticonderoga, NY 12883
This exceptional property, located at 325 NYS Route 22 in Ticonderoga, NY 12883, presents a unique investment opportunity. The 3,752 square foot building, situated on a one-acre lot, boasts a rich history, having served as a restaurant and tavern for over a century. Established in 1837, the Ft View Restaurant has operated continuously for 33 years. The main level features a restaurant with seating for approximately 62 patrons, plus bar seating for 8, and a fully equipped commercial kitchen including an ANSEL system (regularly inspected), storage room, and walk-in cooler. The upper levels offer significant potential. The third floor includes a two-bedroom apartment with a full bath, laundry room, and living room (suitable for office space). The fourth floor offers additional rooms ready for renovation. Historically used as a boarding house, these spaces could be converted into additional residential units, expanding the property's income potential. The property enjoys breathtaking views of Lake Champlain, Mount Independence in Vermont, and Fort Ticonderoga. The current owner is willing to assist with a smooth transition. This is a rare chance to acquire a piece of Ticonderoga's history with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.