Turnkey Deli and Ice
4962 State Highway 68 Ogdensburg, NY 13669
For Sale
$250,000
COMMERCIAL - Ogdensburg, NY
Property Size951 SF
Lot Size1.38 Acres
Price / SF$262.88
Days on Market101
Property Features for 4962 State Highway 68
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking
- 10
- Parking features
- Driveway
- Exterior features
- Outdoor lights, Storage/out-building(s)
- Standard status
- Active
- APN
- 60.001-2-14
- Size
- 951 SF
- Lot size
- 1.38 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3166
Utilities
- Sewer type
- Holding Tank
- Water source
- Well
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Building materials
- Vinyl siding
- Roof type
- Metal
- Architectural style
- Other
- Additional Structures
- Storage
Listing Agency:
Palmer Realty
(315) 742-8100
Listed By:
Ariane Palmer · License #10491211743
(315) 262-6458
Added: Apr 15
Changed: May 28
Last Checked: Jul 24 at 1:06AM
MLS# 52571
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.
This fully operational deli and ice cream shop is positioned along a well-traveled corridor. The current owners have invested significant care and capital into the property, creating a welcoming and efficient operation. The interior dining area comfortably accommodates approximately 10 guests, while seasonal outdoor seating includes six picnic tables. Recent upgrades include a newly installed commercial hood system planned for 2025, a heated and fully wired 12' x 30' split storage shed, a new refrigerator, and two new freezers. The rear of the property features an Oklahoma Joe pellet smoker, along with two raised planter boxes ideal for a fresh herb garden. The property is 951 square feet in size and sits on a 1.38-acre lot. This income-producing business is located in a high-visibility rural location in Ogdensburg, NY.
Key Highlights
- Turnkey, fully operational deli and ice cream shop ready for immediate continuation.
- High‑traffic location on Route 68 in Ogdensburg, NY.
- Newly installed commercial hood system (2025) and other recent upgrades.
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 | $20.5k | $21.60 |
| − Vacancy | −$863 | −$0.91 |
| EGI | $19.7k | $20.69 |
| − OpEx | −$4.9k | −$5.17 |
| NOI | $14.8k | $15.52 |
951 SF · lease $21.60/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$210.8K
$184.5K – $246.0K
NOI $14,759 @ 7.0% cap · market cap 5.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$235.9K
$206.4K – $275.3K
NOI $16,515 @ 7.0% cap · market cap 6.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
FAQs
What type of property is this?
Conventional restaurant - Fully operational deli and ice cream shop on high-traffic Route.
Where is this conventional restaurant located?
The property is located at 4962 State Highway 68 Ogdensburg, NY.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Turnkey, fully operational deli and ice cream shop ready for immediate continuation.; High‑traffic location on Route 68 in Ogdensburg, NY.; Newly installed commercial hood system (2025) and other recent upgrades.
