68 Main St 12,960 SF 100% Leased Flex Building Whitehall, NY 12887 $735,000 ($56.71/SF) 7.50% Cap Rate

Prominent downtown location with excellent visibility, walkability, & proximity to local businesses, recreation, & waterfront attractions. Amtrak, museum, boat launch, moorings, parks, & shops. Also located on the 750 mile Empire State Trail, & the 62 mile Champlain Canalway Trail.
This turn-key Brownstone features a total of 12,960 SF. four stories with a mixed-use configuration: commercial, residential, & open redevelopment spaces. Built in 1862 this was originally the Anderson Hall Opera House. Many new upgrades include new floors, paint, on-demand hot water, heating system, plumbing, electrical, a/c units, bathrooms, fixtures, security camera system, keyless entry doors, & more! Incorporated with original features as well.
First Floor - Commercial Tavern/Bar (3,240 SF)
Fully built-out tavern/bar space
Impressive 39-foot bar
Commercial kitchen
Laundry room
2 full bathroom, 1 half bathroom
Additional living room area
16-foot ceilings creating an open, high-volume environment
Central air conditioning
Propane-forced hot air heat
Ideal for: bar/restaurant operation, event venue, or hospitality concept.
Second Floor - STR & Residential Income (3,240 SF)
Four (4) one-bedroom apartments
Each unit individually metered
Separate 150-amp electrical service per unit
Individual on-demand hot water heaters
Baseboard Electric heat
Shared laundry room
Investment Advantage: Potential for stable rental income with separate utilities minimizing owner expenses.
Third Floor - Redevelopment Space (3,240 SF)
Plumbed & Wired, Douglas fir ceiling
Expansive open layout, Remnants of the Opera/Theater hall, High ceilings
Potential for conversion to additional residential units, event or performance venue, or creative commercial space (studio, co-working, etc.) (subject to approvals)
Fourth Floor - Attic (3,240 SF)
Full-floor attic space
Significant storage or future development potential (subject to approvals)