Absolute Auction

131 Montcalm Street
Wednesday, December 8, 2021 1:00 p.m.




21PM-36

Auction Type Real Estate Auction
Date 12/8/2021 1:00 p.m.
Address 131 Montcalm Street
Ticonderoga NY
Online Auction URL View Online Auction
Location Link View Map


Absolute

AUCTION

Mixed-Use Retail with Major Tenant

Ticonderoga, New York

Online-only Bidding Ends: Wednesday, December 8th at 1:00 p.m.

Link to online auction

131 Montcalm Street is a mixed-use retail building with 4 residential apartments above.  The major tenant occupying the street level space is Aubuchon Hardware. The property enjoys excellent visibility along the busy village retail corridor of town and easy access from Route 22. Sited on a .36± acre lot the property has frontage on Montcalm Street and McCormick Street with off-street and on-street parking out front. The street level retail space offers 10,324± sq.ft., with (4) 600± sq.ft. apartments on the second floor. Serviced by city water and sewer. Estimated Net Operating Income for 2021 is $54,000. Map 150, Parcel 43-4-25

Property Inspection: Saturday, December 4th from 12:00 p.m. to 2:00 p.m.

TERMS

A major credit card will be placed on file with the auction company as a qualification to bid. Successful bidder to deliver earnest money totaling 10% of the Total Purchase Price no later than December 9th at 10:00 a.m., with the balance due at closing within 30 days of the auction. A 10% Buyer’s Premium will be added to the high bid price to become the Total Purchase Price. Subject to all Terms of Sale. Property is being sold with marketable title free and clear of all liens. Sale is subject to all terms of sale. Sale is being conducted in Cooperation with Adirondack Country Homes Realty Inc.

NY RE Lic. #109913758 • (603) 964-1301 • Ref. #21PM-36

Auction subject to all Terms of Sale © 2021 Paul McInnis LLC

Paul McInnis LLC Auctioneers, Appraisers
Real Estate Brokerage & Realtors, Estates
Serving New Hampshire, Maine, Massachusetts & Vermont



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