$449,900
Whitehall, NY 12887
MLS# 202620938

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Property Description
Looking to expand or start your investment portfolio? This mixed-use property with views of the Champlain Canal offers an outstanding opportunity with a strong, established income stream and an impressive 9% cap rate. Situated in the heart of Whitehall, the building features a successful restaurant on the first floor, now operating in its third year, along with four fully rented residential apartments upstairs. The residential units include two spacious 2-bedroom, 1-bath apartments and two studio apartments, providing a diverse rental mix and consistent occupancy. With all units leased and the commercial space already established, this is a true turnkey investment offering immediate cash flow and long-term potential. Whether you're a seasoned investor or looking for your first income-producing property, this is an opportunity you won't want to miss.
Details
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Documents
Contract Information
Status: Active
Property Sub Type: Mixed Use
Original List Price: 449900
List Price: $449,900
Listing Contract Date: 2026-07-02
Current Price: $449,900
List Price/Acres: 4998888.89
Location
Street Number: 60-62
Street Name: Main
Street Suffix: Street
County: Washington
State/Province: NY
Postal Code: 12887
City/Town (Mail): Whitehall
Geo Lat: 42.739861
Geo Lon: -75.55239
Property Detail
Year Built: 1950
Number Of Buildings: 1
Lot Size Square Feet: 3920
Zoning: Mixed
Lot Size Dimensions: 31x146
Lot Size Acres: 0.09
Waterfront Y/N: Yes
Water Body Name: Champlain Canal
Parking Y/N: No
Financial Details
General Taxes: 588.12
General Taxes Description: Actual
School Taxes: 1454.95
School Taxes Description: Actual
Village Taxes: 1180.18
Village Taxes Description: Actual
Photos - the contractual owner of the photos
Photo Owner: Combination Ownership
Parking Features
Parking Total: 5
Status Change Info
Status Change Date: 2026-07-02
Property Features
Architectural Style: Apartments; Bar/Tavern/Lounge; Mixed Use; Restaurant
Basement: Unfinished
Construction Materials: Brick
Cooling: Window Unit(s)
Current Use: Apartment Plus; Restaurant
Business Type: Restaurant
Heating: Hot Water; Oil; Radiant
Interior Features: Paddle Fan
Lot Features: Cleared; Level
Parking Features: Off Street; On Street; Public Parking
Patio And Porch Features: Enclosed; Porch
Possession: At Closing
Possible Use: Apartment Plus; Restaurant
Roof: Rubber
Sale Includes: Building & Land
Sewer: Public Sewer
Showing Requirements: Showing Service
Special Listing Conditions: Standard
Water Source: Public
Waterfront Features: Lake/River Across Rd
Listing Courtesy of KW Platform
Listing Agent: Robert Saumell Jr.
518-926-8282 | Bobby@theMarchesielloteam.com
518-926-8282 | Bobby@theMarchesielloteam.com


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