1171 Nys Rte 9n, Ticonderoga, NY 12883-3125
This exceptional investment opportunity presents a single-story, 81,553-square-foot retail center ideally situated in Ticonderoga, New York. The property boasts a prominent location within the Adirondack Park, conveniently nestled between Lake George and Lake Champlain in Essex County. A key feature is the inclusion of a brand-new Walgreens outparcel, adding significant value and stability to the investment. The center sits on a substantial 4.9-acre lot, providing ample space and potential for future development or expansion. With a compelling cap rate of 8.10% and a price per square foot of $95.39, this property offers a strong return on investment. The property is classified as a retail shopping center and is located at 1171 NYS Route 9N, Ticonderoga, NY 12883. This presents a rare chance to acquire a well-positioned, high-performing retail asset in a desirable and picturesque location within a thriving community. The property's size, tenant mix, and location combine to create a compelling investment opportunity with significant potential for long-term growth and profitability. The strong cap rate and established tenant base make this an attractive proposition for investors seeking a stable and high-yielding addition to their portfolio.
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UPS Access Point location Courier Service Postal Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
05 - COMMERCIAL · Ticonderoga, NYTiconderoga. Always verify with local authorities before improvements.
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.