16 Exchange Street, NY 12801

Property Description

Outstanding Downtown Glens Falls Investment Opportunity! Don't miss your chance to own one of the oldest buildings in Downtown Glens Falls--reportedly the second-oldest building in the city! This exceptional mixed-use property combines historic charm, modern updates, great tenants, and a fantastic downtown location. The first floor features a thriving restaurant with vaulted ceilings, beautiful wood floors, exposed beams, and tremendous character. The restaurant includes a full kitchen, outdoor patio area providing additional dining space or potential for expansion, and approximately 4-6 off-street parking spaces. A full basement provides excellent utility and storage space. The second floor offers two distinctive residential apartments. Unit 1 is a beautifully renovated 2-bedroom, 2-bathroom apartment with a dedicated office, private entrance, open-concept living space, luxury vinyl flooring, new fixtures, and fresh paint throughout. The bathroom is truly one-of-a-kind and adds to the apartment's unique appeal. Unit 2 is an outstanding 1-bedroom, 1-bathroom townhouse-style apartment spanning two levels. Featuring exposed brick, a private entrance, and a storage closet, this apartment offers character and charm that is difficult to replicate. Each residential unit has its own HVAC system, and the mechanicals are in excellent condition. The property enjoys a quaint alley setting with public parking conveniently located in both the front and rear of the building. This is a truly special Downtown Glens Falls property offering historic character, strong rental appeal, commercial space, and tremendous potential. Building for sale only. Come take a look at this unique and exceptionally well-maintained investment property!