Property profile

325 State Route 22 Ticonderoga, NY 12883

FOR SALE
Bars & Pubs
Property ID
US63-1588594
3,752 SF 1 ac lot Built 1837
Individually Owned 27-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1837
Total area 3,752 SF
Lot 1 ac (43,560 SF)
Zoning code 07 - MIXED
APN 154800 151.3-1-9.000
UPID US63-1588594

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

325 State Route 22 Ticonderoga, NY 12883
Ticonderoga metro Census 961202
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

Zoning & alternative use

07 - MIXED · Ticonderoga, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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