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Property
The property for sale will contain 0.75 acres,
bordered on the north by Adirondack Architectural Heritage’s
Stone Office Building parcel; on the east by approximately 315 feet
of frontage on the Ausable River; on the south by the Town of Ausable
Park, and on the west by approximately 200 feet of frontage on Ausable
Street.
Utilities
Village water and sewer are available at
the edge of the property. The commercial utilities’ electric,
phone, and cable lines are available at the edge of the property.
Parking
A parking area or areas for up to 10-12 cars
will be available on the property.
There is also public, curbside parking on
the adjoining Ausable and Main Streets.
An additional parking area is available across
Ausable Street, about 500 feet from the property. This parcel, which
is owned by the Seller, has parking space available for about 40
additional vehicles. The purchaser of the Stone Mill will have an
option to purchase this parcel for an additional $10,000. If the
purchaser has no need for additional parking—for example,
if the purchaser intends to use the Stone Mill for a residence and/or
small home business, then they need not exercise this option.
Price
Sales price: $295,000.
Owner-financing will be considered, for example,
$50,000 down, balance as though a 20-year mortgage at 3.5% interest;
balloon payment in full after five years.
Time Line and Approvals
It is expected to take from six to nine months
for AARCH to clean up the site, obtain all necessary permits, and
be ready to convey the Stone Mill property. The purchaser who, at
the present time, enters into a contract with AARCH to purchase
the property will have full guarantees regarding intended uses,
permits, and condition of the property to be conveyed, so that if
said guarantees cannot be fulfilled in a reasonable time frame,
the purchaser may withdraw and the deposit will be returned in full.
Historic Preservation Covenants
Both AARCH’s Stone Office Building
and Stone Mill are located within Keeseville’s National Historic
District and, as such, are listed on the U.S. Department of the
Interior’s National Register of Historic Places. This honor
comes in recognition of Keeseville’s many intact 19th century,
stone and brick buildings surviving from the heyday of Keeseville’s
prosperity, demonstrating significant architectural quality and
historical integrity.
To be sure that the Stone Mill retains its
architectural character, the property being conveyed will have a
number of historic preservation covenants written into the deed
which will protect the main exterior features of the building and
site. AARCH recognizes that some changes to the exterior, such as
roofing, weather efficient windows, and the creation of porches
and decks, new entrances and exits may need to be made for future
adaptive uses or to meet health, safety and accessibility requirements,
so the covenants will be reasonable and written in a way that will
reassure the new owners that they will be able to achieve their
goals. This is AARCH’s business—helping owners of historic
properties retain the qualities that make their buildings special
and unique, while adapting them for current and future uses.
Broker
To arrange a viewing of the Stone Mill, contact:
Mike Franklin, broker
Franklin Ruttan Realtors
1406 North State Street
Syracuse, NY 13208
(315) 876-2262
Mike.Franklin@franklinruttan.com
(Co-brokerage is welcomed.)
Or contact:
Steven Engelhart, Executive Director
Adirondack Architectural Heritage
1745 Main Street
Keeseville, NY 12944
(518) 834-9328
steven@aarch.org
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