14 Montcalm St Ticonderoga, NY 12883-1352
- Turn key restaurants
- 3,012 SF
- 0.20 lot acres
Current Use by Public Records
- Hot Biscuit Diner / Breakfast Restaurant / Restaurant
Property Details for 14 Montcalm St
- Year built
- 1996
- Lot size
- 0.20 lot acres
- Property size
- 3,012 SF
- Zone code
- 07 - MIXED
- Property type
- Turn key restaurants
- APN
- 154800 150.42-3-4.000
- APU
- 1548001504234000
Description
This exceptional commercial property, located at 14 Montcalm Street in Ticonderoga, New York, presents a unique investment opportunity. The 0.2-acre lot offers significant potential for a variety of commercial ventures. Its strategic location within Ticonderoga provides excellent visibility and accessibility, making it an attractive site for businesses seeking a presence in this vibrant community. The property is currently vacant, allowing for complete design flexibility and customization to suit specific business needs. This translates to significant cost savings in site preparation and construction, as no demolition or remediation is required. The asking price of $399,500 represents a compelling value proposition, considering the property's prime location and development potential. Prospective buyers are encouraged to conduct their own due diligence to assess the suitability of the land for their intended use. This property is zoned for commercial use, but buyers should verify zoning regulations with the relevant authorities before making a purchase decision. The absence of existing structures on the lot provides a blank canvas for creative development, allowing for the construction of a building tailored to specific business requirements. This presents a rare opportunity to acquire a strategically located commercial lot in a growing community. Seize this chance to establish a thriving business in a desirable location. Contact us today to schedule a viewing and explore the possibilities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $335,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $310,000
- 6.5%
- $295,000
- 7%
- $305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $275,000
- Geo Method
- $300,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $360,000
- Retail
- $370,000
- Mixed-Use
- $315,000
- Hospitality
- $370,000
- Educational
- $350,000
- Residential Income
- $330,000
- Energy
- $345,000
- Income-Based Land
- $280,000
- Food Service
- $365,000
Location Insight
- Map
- Local Demand
- City
- Ticonderoga
- County
- Essex
- State
- New York
- Longitude
- -73.4335
- Latitude
- 43.848
