Mixed-Use Retail and
226 James Street Clayton, NY 13624
226 James Street, Clayton, NY, 13624
$799,900
Pending
For Sale
$799,900
Pending
SINGLE_FAMILY - Clayton, NY
Property Size4,424 SF
Lot Size0.09 Acres
Days on Market17
Property Features for 226 James Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- COM
- Parking
- 3
- Standard status
- Pending
- APN
- 223201-020-046-0001-033-000
- Size
- 4,424 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7226
Utilities
- Sewer type
- Public Sewer
- Heating system
- Oil, Steam
- Water source
- Public
Building Details
- Year built
- 1895
- Floors in Building
- 3
- Building materials
- Brick
- Roof type
- Membrane, Rubber
Listing agency
Lake Ontario Realty, LLC
(315) 649-3434
Listed by
Amanda J Miller · License #49MI0953024
(315) 649-3434
Added: Jul 7 Updated: Jul 19 at 4:50AM Checked: Jul 23 at 2:06AM
MLS# S1695548
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 mixed-use downtown commercial building offers retail space on the main floor and two apartments on the 2nd and 3rd floors. The first-floor commercial area includes original woodwork, ceilings, and display window area. Upstairs, both apartments are in excellent condition and have been updated, and each offers a back porch area; the layouts can support 1–2 bedroom configurations. Additional features include a quaint, fenced back yard for privacy, a back second staircase, a full dry basement for storage, and public water and sewer services.
Located at 226 James Street in Clayton, NY, the property is positioned for retail traffic with the commercial space next to the old Koffee Kove, and the apartments include river views. Parking includes three spaces on site plus street parking.
All units are fully leased, and the property is listed with zoning designated as COM.
Located at 226 James Street in Clayton, NY, the property is positioned for retail traffic with the commercial space next to the old Koffee Kove, and the apartments include river views. Parking includes three spaces on site plus street parking.
All units are fully leased, and the property is listed with zoning designated as COM.
Key Highlights
- Downtown Clayton brick commercial building built in 1895 with retail on the main level and 2 upstairs apartments
- 2nd- and 3rd‑floor apartments can each be 1–2 bedrooms and include updated units and a back porch area
- Retail space features original woodwork and ceilings, plus display window area
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 | $79.6k | $18.00 |
| − Vacancy | −$3.3k | −$0.76 |
| EGI | $76.3k | $17.24 |
| − OpEx | −$22.9k | −$5.17 |
| NOI | $53.4k | $12.07 |
4,424 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$762.9K
$667.5K – $890.0K
NOI $53,401 @ 7.0% cap · market cap 6.68%
Second Best
Multifamily LT 5
$520.4K
$455.3K – $607.1K
NOI $36,425 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,366 @ 7.0% cap · market cap 10.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The 1000 Islands Cruet
Specialty Food Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Main-floor retail space with original features plus two updated, fully leased apartments upstairs.
Where is this duplex located?
The property is located at 226 James Street Clayton, NY.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Downtown Clayton brick commercial building built in 1895 with retail on the main level and 2 upstairs apartments; 2nd- and 3rd‑floor apartments can each be 1–2 bedrooms and include updated units and a back porch area; Retail space features original woodwork and ceilings, plus display window area
