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    7950 State Highway 58 Hammond, NY 13646

    For Sale
    Contact for pricing

    Prime location, renovation needed, high potential.

    Property size:
    2,300 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property, located at 7950 State Highway 58 in Hammond, NY, presents a rare opportunity for an investor or entrepreneur. The 2,300 square foot building sits on a 0.42-acre lot and is currently configured as a bar and restaurant. While requiring renovations, the property retains significant historical charm. The original bar remains intact, offering a unique character rarely found in modern establishments. A dedicated dining area is also present, providing ample space for food service. The building's prime location on State Highway 58 ensures high visibility and accessibility, making it an ideal spot for a revitalized business venture. The asking price of $24,900 represents a significant value for a property with this much potential in a desirable location. This is a chance to acquire a piece of local history and transform it into a thriving commercial enterprise. The property's size and layout offer flexibility for various business concepts, allowing for creative adaptation to suit the buyer's vision. Serious inquiries are encouraged to schedule a viewing and assess the full potential of this unique opportunity. Don't miss out on this chance to own a piece of Hammond's history and build a successful business.

    Property Features for 7950 State Highway 58

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,300 SF
    Lot Size
    18,295 SF

    Building Details

    Year Built
    1920
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hammond
    County
    St Lawrence
    State
    New York
    Longitude
    -75.5818
    Latitude
    44.4821

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, renovation needed, high potential.
    Where is this commercial real estate located?
    The property is located at 7950 State Highway 58 Hammond, NY.
    What is the asking price?
    The asking price for this property is $24,900.
    (315) 493-1111
    Request Owner's contact information
    7950 State Highway 58 Hammond, NY 13646
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    Hammond, NY 13646
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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
    7950 State Highway 58 Hammond, NY 13646
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