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Property profile & analytics
OFF-MARKET
Retail space

1034 Us Hwy 11 Gouverneur, NY 13642-3507

1,262 SF 0.36 ac lot Built 1950
Individually Owned 15-yr Hold Free & Clear
Property ID
US63-2107059
Property summary
AI-generated overview

This versatile 1,383 square foot building presents a compelling investment opportunity in the thriving town of Gouverneur, New York. Situated on a sizable 0.35-acre lot, this property offers exceptional flexibility for a wide range of uses. Its current configuration allows for immediate occupancy and adaptation to various business needs, making it ideal for entrepreneurs seeking a ready-made space. Alternatively, the property's size and location could be perfectly suited for expansion or redevelopment. The ample lot provides significant potential for future development or outdoor space, depending on the intended use. Located at 1034 US Highway 11, this property benefits from high visibility and convenient access to major transportation routes, ensuring excellent exposure and accessibility for any business. The asking price of $126,000 represents a significant value proposition in the current market, making this an attractive investment for both seasoned investors and first-time buyers. Don't miss this chance to acquire a property with substantial upside in a desirable location. The property's adaptability makes it suitable for a variety of commercial ventures or even a potential residential conversion, subject to local zoning regulations. Serious inquiries are encouraged to explore the full potential of this unique offering.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Total area 1,262 SF
Lot 0.36 ac (15,875 SF)
Zoning code R
APN 404089 173.054-1-27
UPID US63-2107059
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Jamie Tupper · 15 yrs held
Jamie Tupper
since 2011
1 recorded transaction
2011
$25,000
Zoning & alternative use
R · Gouverneur, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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