Corner Grocery, Laundromat &
112 E Broadway Street Cape Vincent, NY 13618
112 E Broadway Street, Cape Vincent, NY, 13618
$725,000
For Sale
$725,000
COMMERCIAL - Cape Vincent, NY
Property Size5,226 SF
Lot Size0.30 Acres
Price / SF$138.73
Days on Market141
Property Features for 112 E Broadway Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C
- Rooms
- Basement
- Parking
- 10
- Exterior features
- PropaneTankLeased
- Standard status
- Active
- APN
- 222801-039-081-0002-008-000
- Size
- 5,226 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6340
Utilities
- Sewer type
- Public Sewer
- Heating system
- Propane (Heating), Baseboard, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1948
- Floors in Building
- 2
- Number of units
- 7
- Flooring type
- Carpet, Linoleum, Vinyl
- Roof type
- Metal
Listing agency
Lake Ontario Realty, LLC
(315) 649-3434
Listed by
Gayle Wiley · License #10301224059
(315) 649-3434
Added: Mar 3 Updated: Jul 12 at 9:35AM Checked: Jul 22 at 11:06AM
MLS# S1664426
Copyright © 2026 New York State Alliance of MLSs, LLC. 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.
This for-sale mixed-use commercial property includes a grocery/convenience store, laundromat, and a motel, along with gas and kerosene service. On-site improvements referenced in the listing include a metal roof over the convenient store, laundromat, and motel, a new gas dispenser, and underground fuel lines. The laundromat is described as having 18 washing machines, including 2 extra large capacity units, and 15 dryers, with additional dryers noted as ordered for near-term installation.
The property is positioned on a busy corner and is described as the only gas station in town. The motel is reported to have six rooms, and the site also includes a two-bedroom apartment over the store, which the listing notes could be used as the owner’s residence or rented.
At approximately 5,226 square feet and on a parcel of about 0.303 acres, this asset combines multiple income-producing components under one ownership, centered around retail and service operations plus on-site lodging.
The property is positioned on a busy corner and is described as the only gas station in town. The motel is reported to have six rooms, and the site also includes a two-bedroom apartment over the store, which the listing notes could be used as the owner’s residence or rented.
At approximately 5,226 square feet and on a parcel of about 0.303 acres, this asset combines multiple income-producing components under one ownership, centered around retail and service operations plus on-site lodging.
Key Highlights
- Mixed‑use property with a grocery store, laundromat, and motel, plus gas and kerosene
- Laundromat includes 18 washing machines (2 extra‑large capacity) and 15 dryers; 16 new washing machines were added
- 6 motel rooms with parking on‑site
Local Financial Insights For 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 | $94.1k | $18.00 |
| − Vacancy | −$4.0k | −$0.76 |
| EGI | $90.1k | $17.24 |
| − OpEx | −$27.0k | −$5.17 |
| NOI | $63.1k | $12.07 |
5,226 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$901.2K
$788.5K – $1.05M
NOI $63,082 @ 7.0% cap · market cap 8.70%
Second Best
Hotel Hospitality
$795.5K
$696.1K – $928.1K
NOI $55,688 @ 7.0% cap · market cap 7.68%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,841 @ 7.0% cap · market cap 13.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cape Dairy, Motel ...
Grocery & Convenience Store
Similar For Sale Nearby
FAQs
What type of property is this?
Gas station - Mixed-use property with a convenience store, laundromat, motel, apartment, and gas/kerosene facilities.
Where is this gas station located?
The property is located at 112 E Broadway Street Cape Vincent, NY.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Mixed‑use property with a grocery store, laundromat, and motel, plus gas and kerosene; Laundromat includes 18 washing machines (2 extra‑large capacity) and 15 dryers; 16 new washing machines were added; 6 motel rooms with parking on‑site
