1 S Main Street Norfolk, NY 13667
COMMERCIAL - Norfolk, NY
Property Features for 1 S Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Com 1
- Exterior features
- Outdoor lights
- Standard status
- Active
- APN
- 32.067-3-4
- Size
- 1,400 SF
Taxes and HOA fees
- Tax Annual Amount
- 850
Utilities
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Building materials
- Concrete block
- Architectural style
- Other
Listing agent Lucille Kassian License #40KA0346866 (315) 250-2383
Listing office Kassian Real Estate, LLC 156 E Orvis Street, Massena, NY (315) 769-0025
Listing date Jan 12, 2026
Copyright © 2026 St. Lawrence Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Turn‑key bakery with most equipment included for a seamless transition.
- Prime location on a busy state highway between Potsdam and Massena with excellent visibility and high traffic exposure.
- Large lot with ample parking for customers, deliveries, and staff.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.2k | $21.60 |
| − Vacancy | −$1.3k | −$0.91 |
| EGI | $29.0k | $20.69 |
| − OpEx | −$7.2k | −$5.17 |
| NOI | $21.7k | $15.52 |
