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    56 Main St Massena, NY 13662

    For Sale
    Contact for pricing

    Downtown Massena, NY - Huge Potential!

    Property size:
    2,958 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This 2,958 sq ft commercial building at 56 1/2 Main St, Massena, NY, presents a unique investment opportunity. Previously housing the Courier Observer, this property boasts convenient downtown location, next to Town Hall and the Massena Police Department. Ample public parking is available, and the building offers direct dock access. Located within the Downtown Revitalization Initiative (DRI) zone, the property has already received funding through the Core of the Community Grant and the IDA. While future grant applications would need to be submitted by a new owner, this pre-existing funding provides a significant advantage. The versatile space, offering 2,958 square feet, is ideal for a wide range of commercial uses. Imagine a sandwich shop, indoor skateboarding park, small concert venue, arts center, martini bar, dance studio, retail shop, office space, or comedy club – the possibilities are endless. This is a chance to be part of Massena's downtown revitalization and create a thriving business in a prime location. The property sits on a 0-acre lot. The asking price is $29,900. Don't miss this chance to own a piece of Massena's history and shape its future.

    Property Features for 56 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,958 SF

    Building Details

    Year Built
    1918
    Property Profile Location Intelligence

    Current Use by Public Records

    Downtown Outreach Center Youth Organization

    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
    -74.89319
    Latitude
    44.93143

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    FAQs

    What type of property is this?
    Commercial real estate - Downtown Massena, NY - Huge Potential!
    Where is this commercial real estate located?
    The property is located at 56 Main St Massena, NY.
    What is the asking price?
    The asking price for this property is $29,900.
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    56 Main St Massena, NY 13662
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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
    56 Main St Massena, NY 13662
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