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    29 Maple St Potsdam, NY 13676

    View on Map
    Sponsored
    For Sale
    $450,000

    WATERVIEW - Potsdam, NY

    Lot size:
    0.32 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 17 at 5:06 pm

    Property Features for 29 Maple St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Com 1
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    64.066-2-18
    Parking
    20
    Parking features
    Paved or Surfaced
    Patio and Porch features
    Deck
    Interior features
    Double Door Entry, Handicapped Bathrooms, Open Floor Plan
    Exterior features
    Deck
    Accessibility
    Accessible Approach with Ramp
    Lot size
    0.32 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1972
    Floors in Building
    1
    Building materials
    Brick, Frame
    Roof type
    Composition
    Architectural style
    Other

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    Listing Contact
    Taylor Harper
    Taylor Harper

    King Realty NNY (315) 355-7455

    Listing agent Taylor Harper (315) 355-7455 License #10371201989

    Listing date Mar 17, 2026

    MLS# 52437 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Commercial Property with River Views

    This commercial property is located in a high-traffic location with approximately 9,000 vehicles passing daily. Currently operating as a restaurant, the property includes a deck overlooking the Raquette River. The interior has been updated within the last five years with fresh paint, updated flooring, and new booths, tables, and chairs. The dining and bar area seats approximately 64 guests, with an additional 20+ seats available on the outdoor deck. There are two handicap accessible bathrooms for guests. The fully operational commercial gas kitchen is equipped for high-volume service and includes four 4-burner gas ranges, a flat-top grill, a dual deep fryer, a salad station with refrigeration, a commercial hood and ventilation system, a 7’ x 12’ walk-in cooler, three large chest freezers, and two industrial rice cookers. All equipment conveys with the sale. A built-in bar and dedicated carry-out area provide additional revenue opportunities. The 0.32-acre property is zoned Com 1 and could be adapted for a day spa, salon, boutique, ice cream shop, martini bar, jazz lounge, small office, or other specialty retail concept. The sale includes the building and all equipment/contents only.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Thai Cuisine Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    RoBro

    Location Insight

    • Map
    • Local Demand
    City
    Potsdam
    County
    St. Lawrence
    State
    New York
    Longitude
    -74.9907559
    Latitude
    44.6675176

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    FAQs

    What type of property is this?
    Conventional restaurant - High-visibility commercial property with river views and flexible potential.
    Where is this conventional restaurant located?
    The property is located at 29 Maple St Potsdam, NY.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - High-traffic location with approximately 9,000 vehicles passing daily, offering excellent visibility.; - Fully operational commercial gas kitchen with extensive equipment included (ranges, grill, fryers, refrigeration, hood system, walk-in cooler).; - Tastefully updated interior within the last five years with new paint, flooring, booths, and tables.
    (315) 212-6700
    Request Owner's contact information
    29 Maple St Potsdam, NY 13676
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    Potsdam, NY 13676
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    29 Maple St Potsdam, NY 13676
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    We can help!
    Listing Contact
    Taylor Harper
    Taylor Harper
    Real Estate License ID: 10371201989
    (315) 212-6700 (315) 355-7455
    Learn more
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