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    92 Main St Massena, NY 13662

    Sponsored
    For Sale
    $250,000

    High-Income Potential, 12,496 sq ft

    Property size:
    12,496 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, situated at 92 Main St in the heart of Massena, NY, presents a unique investment opportunity. Boasting a substantial 12,496 square feet of space, the building currently generates excellent rental income. The upper level, historically occupied by the Masonic Lodge since the 1940s, features a fully equipped kitchen, two bathrooms, and expansive meeting and dining areas, ideal for a variety of uses. The building's prime downtown location offers significant visibility and accessibility. The property's size and existing infrastructure present a compelling opportunity for redevelopment. Imagine the potential to convert the upper level into luxury apartments, capitalizing on the growing demand for upscale housing. This property offers a blend of established income and significant future development potential. Its strategic location, just minutes from the Canadian border, adds to its appeal. This is a chance to invest in the vibrant and growing community of Massena, NY, and secure a strong return on investment. The building's history and current functionality combine to create a truly unique and valuable asset. Don't miss this chance to own a piece of Massena's history and shape its future. The property is offered at $250,000.

    Property Features for 92 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    12,496 SF

    Building Details

    Year Built
    1949
    Property Profile Location Intelligence

    Current Use by Public Records

    SC Salon Beauty Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Massena
    County
    St. Lawrence
    State
    New York
    Longitude
    -74.89268
    Latitude
    44.92987

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    FAQs

    What type of property is this?
    Commercial real estate - High-Income Potential, 12,496 sq ft
    Where is this commercial real estate located?
    The property is located at 92 Main St Massena, NY.
    What is the asking price?
    The asking price for this property is $250,000.
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    Realmo Value Estimation

    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.

    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.

    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
    92 Main St Massena, NY 13662
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