Description
Opportunity to own a centerpiece commercial mixed-use building in the heart of downtown Whitehall. Fantastic investment opportunity w/13% cash on cash return at the gateway to Lake Champlain. This 3-story 12,000 sf brick building overlooks the canal w/fantastic views. Apartments are fully rented w/an annual income of $29,400. Great opportunity for small business owner as store-front is currently vacant. The retail space is over 4,000 sf. The largest unit is on the top flr & used to be part of a theater - it needs your vision & complete gut & offers soaring ceilings & exposed brick walls w/views of the boats passing through the canal. This could be an incredible owner-occupied unit or AIRBNB rental. Amtrak station 2 blocks away to Montreal or NYS. Propert sold As-Is
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0BEDS
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0.09ACRES
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4BATHS
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01/2 BATHS
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12,057SQFT
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$14$/SQFT
School Information
Description
Opportunity to own a centerpiece commercial mixed-use building in the heart of downtown Whitehall. Fantastic investment opportunity w/13% cash on cash return at the gateway to Lake Champlain. This 3-story 12,000 sf brick building overlooks the canal w/fantastic views. Apartments are fully rented w/an annual income of $29,400. Great opportunity for small business owner as store-front is currently vacant. The retail space is over 4,000 sf. The largest unit is on the top flr & used to be part of a theater - it needs your vision & complete gut & offers soaring ceilings & exposed brick walls w/views of the boats passing through the canal. This could be an incredible owner-occupied unit or AIRBNB rental. Amtrak station 2 blocks away to Montreal or NYS. Propert sold As-Is
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