325 State Route 22 Ticonderoga, NY 12883
- Bars
- 3,752 SF
- 1.00 lot acres
Current Use by Public Records
- Bars
Property Details for 325 State Route 22
- Year built
- 1837
- Lot size
- 1.00 lot acres
- Property size
- 3,752 SF
- Zone code
- 07 - MIXED
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 154800 151.3-1-9.000
- APU
- 154800151319000
Description
This exceptional commercial property, located at 325 State Route 22 Unit 325, Ticonderoga, NY, presents a unique investment opportunity. Encompassing one acre of land, this property offers significant potential for a variety of commercial ventures. Its strategic location on State Route 22 ensures high visibility and accessibility, making it an attractive site for businesses seeking a prominent presence in the Ticonderoga area. The property is currently designated as "Other" in terms of its existing structure, providing a blank canvas for development tailored to specific business needs. The asking price is $395,000, representing a compelling entry point into the Ticonderoga commercial real estate market. Given the size and location, this property is well-suited for a range of uses, from retail establishments and restaurants to light industrial operations or professional offices. The absence of existing structures allows for complete customization, enabling developers to create a space perfectly aligned with their vision and operational requirements. Serious inquiries are encouraged to explore the possibilities this prime commercial land offers. The property's address is clearly identified as 325 State Route 22 Unit 325, Ticonderoga, NY. This is a rare opportunity to acquire a substantial commercial parcel in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $265,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $175,000
- 6.5%
- $175,000
- 7%
- $180,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $190,000
- Geo Method
- $190,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $195,000
- Retail
- $180,000
- Mixed-Use
- $185,000
- Hospitality
- $175,000
- Educational
- $170,000
- Residential Income
- $195,000
- Energy
- $180,000
- Income-Based Land
- $165,000
- Food Service
- $170,000
Location Insight
- Map
- Local Demand
- City
- Ticonderoga
- County
- Essex
- State
- New York
- Longitude
- -73.4003
- Latitude
- 43.8281