Turn-Key Bakery with Ample
1 S MAIN ST Norfolk, NY 13667
1 S MAIN ST, Norfolk, NY, 13667
$249,000
For Sale
$249,000
Single-story bakery is move-in ready, heated by gas, with an electric water heater and ample on-site parking.
Property Size1,400 SF
Price / SF$177.86
Days on Market291
Property Features for 1 S MAIN ST
General Information
- Standard status
- Active
- Size
- 1,400 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1950
Listing agency
Kassian Real Estate, LLC
(315) 250-2383
Listed by
Lucille Kassian · License #40KA0346866
Source
Xome
Added: Oct 5, 2025 Updated: Jul 22 at 1:51AM Checked: Jul 22 at 3:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kassian Real Estate, LLC
Investment Insights
Based on property information with market context.
This single-story, turn-key bakery is presented as move-in ready for new ownership, with most equipment included. The heated and functional operating space is designed for day-to-day production and customer flow, supported by gas heating and an electric water heater.
The property is located on a busy state highway between Potsdam and Massena, providing strong visibility and high traffic exposure. It sits on a large lot with ample parking to support customers, deliveries, and staff.
Overall, the facility offers a practical, ready-to-operate setup for a bakery business looking to take over operations with minimal transition.
The property is located on a busy state highway between Potsdam and Massena, providing strong visibility and high traffic exposure. It sits on a large lot with ample parking to support customers, deliveries, and staff.
Overall, the facility offers a practical, ready-to-operate setup for a bakery business looking to take over operations with minimal transition.
Key Highlights
- Single‑story bakery on a busy state highway between Potsdam and Massena
- Zoned Com 1 and set on level topography with 230 x 166 lot dimensions
- Heated by gas and includes an electric water heater
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 |
1,400 SF · lease $21.60/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$310.4K
$271.6K – $362.1K
NOI $21,727 @ 7.0% cap · market cap 8.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$347.3K
$303.9K – $405.2K
NOI $24,313 @ 7.0% cap · market cap 9.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lencore Acoustics LLC
Acoustical Consultant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Single-story bakery is move-in ready, heated by gas, with an electric water heater and ample on-site parking.
Where is this conventional restaurant located?
The property is located at 1 S MAIN ST Norfolk, NY.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Single‑story bakery on a busy state highway between Potsdam and Massena; Zoned Com 1 and set on level topography with 230 x 166 lot dimensions; Heated by gas and includes an electric water heater
