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    71 Market St Potsdam, NY 13676

    For Sale
    $499,000

    7,500 sq ft, 4 rental units, high visibility

    Property size:
    7,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 7,500 square foot brick commercial building in Potsdam, NY, presents a turnkey investment opportunity. Boasting excellent street visibility, the property features four currently rented spaces, offering immediate income potential. Three front-facing units provide diverse layouts, including reception areas, multiple offices, conference rooms, kitchenettes, and ample storage. One unit features a large open area, perfect for various uses. The rear of the building houses a dance studio with high ceilings and a separate room, plus a heated warehouse with a loading dock and man door access to the rear parking lot. Additional features include shared tenant bathrooms and a utility room. The building's design allows for potential expansion with a second story, offering significant future development possibilities. The sale includes only the building

    Property Features for 71 Market St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,500 SF

    Building Details

    Year Built
    1950
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    All About Me Orthotics & Prosthetics Service The Robot Zone Engineering Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Potsdam
    County
    St. Lawrence
    State
    New York
    Longitude
    -74.98733
    Latitude
    44.67156

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    FAQs

    What type of property is this?
    Commercial real estate - 7,500 sq ft, 4 rental units, high visibility
    Where is this commercial real estate located?
    The property is located at 71 Market St Potsdam, NY.
    What is the asking price?
    The asking price for this property is $499,000.
    (315) 854-7529
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    71 Market St Potsdam, NY 13676
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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
    71 Market St Potsdam, NY 13676
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