518-290-0298
1385 County Route 29 rd, Olmstedville, NY for Sale
Apartments - FOR SALE
1/15
null | Request Cap Rate

1385 County Route 29 rd
Olmstedville, NY 12857


OVERVIEW

Seller Financing is available! Attention all restauranteurs & investors! Multi-use commercial property in the heart of the Adirondacks is just 8 minutes to Gore Mountain! This property is perfect for the chef who wants to open a restaurant & have a place to live. There are 2 apts & 1 restaurant. Apt 1 - downstairs 1BR/1BA is rented paying $500 /month, including Internet & water & tenant pays electric. Apt 2 - upstairs 3BR/1BA currently an Airbnb. Projected monthly rent for a full-time tenant is $1200/month. Airbnb rate is $225 /night & is busy weekends in the summer & winter due to proximity to skiing, lakes & hiking. The restaurant incl a live edge bar & a wraparound porch-approx 30x50/1500 sf and is turnkey including plates, appliances, and everything you need to get started. Don't miss this fantastic opportunity!

FOR SALE DETAILS

PRICE

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# OF UNITS

3

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1385 County Route 29 Minerva NY

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1935

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,379 SF

ZONING

-

APN/PARCEL ID

153400-164-023-0004-006-000-0000,153400-164-023-0004-007-000-0000

ASK ABOUT THIS PROPERTY

Scott VarleyKeller Williams Capital DistrictMore Info
518-290-0298

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Scott VarleyKeller Williams Capital DistrictMore Info
518-290-0298

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.