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1385 County Route 29 Minerva NY 1385 County Route 29 rd

3 Unit Apartment Building For Sale Olmstedville, NY 12857

Executive Summary

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!

Property Facts

Sale Type Investment
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.38 AC
Building Size 2,804 SF
No. Stories 2
Year Built 1935
Parking Ratio 1.07/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Walk-Up
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 153400-164-023-0004-006-000-0000
  • 153400-164-023-0004-007-000-0000
Land Assessment
$37,832 CAD
Improvements Assessment
$147,813 CAD
Total Assessment
$185,645 CAD
  • Listing ID: 32695231

  • Date on Market: 2024-08-05

  • Last Updated:

  • Address: 1385 County Route 29 rd, Olmstedville, NY 12857

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