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    6114 State Route 22 Plattsburgh, NY 12901

    For Sale
    $1,250,000

    High-Return Retail Investment, 10,508 SF

    Property size:
    10,508 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional investment opportunity in Plattsburgh, NY, presents a 10,508-square-foot retail building situated on a 2.7-acre lot. Currently housing three thriving businesses – a gas station, deli, and convenience store, along with a hardware and furniture store – this property offers significant income potential. The unbranded gas station allows for flexibility in choosing fuel suppliers, and recent inspections confirm the gas tanks are in compliance. The building's versatile layout allows for continued operation of the existing businesses or subdivision into separate suites. Each space boasts its own electrical panel, office, and bathroom, facilitating independent operation. All existing inventory is negotiable as part of the sale. Adding to the property's value is a substantial 5,400-square-foot warehouse located at the rear, ideal for conversion into storage units, further enhancing rental income streams. A large parking lot provides ample space for customers and employees. Detailed financial information is available upon request, subject to the execution of a non-disclosure agreement. This property represents a rare chance to acquire a multi-faceted commercial asset with strong existing income and significant upside potential. The asking price is $1,250,000.

    Property Features for 6114 State Route 22

    General Information

    Property type
    Retail properties
    Square Feet
    10,508 SF
    Lot Size
    117,612 SF

    Building Details

    Year Built
    1981
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Accounting Firm Storage Facility Bar & Pub HVAC Service Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Plattsburgh
    County
    Clinton
    State
    New York
    Longitude
    -73.46815
    Latitude
    44.72539

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    FAQs

    What type of property is this?
    Retail property - High-Return Retail Investment, 10,508 SF
    Where is this retail property located?
    The property is located at 6114 State Route 22 Plattsburgh, NY.
    What is the asking price?
    The asking price for this property is $1,250,000.
    (518) 563-7350
    Request Owner's contact information
    6114 State Route 22 Plattsburgh, NY 12901
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    Plattsburgh, NY 12901
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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
    6114 State Route 22 Plattsburgh, NY 12901
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