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Waterfront Quadplex with Private Dock
For Sale
$875,000

131 St Lawrence Ave, Waddington, NY 13694

Renovated four-unit property with deep-water access, private dock, and significant commercial space for flexible use.

Property Size3,840 SF
Price / SF$227.86
Days on Market82

Property Features for 131 St Lawrence Ave

General Information

Standard status Active
Size 3,840 SF
Property subtype Multi-Family

Additional Details

Business Included Yes
Multifamily Units 3

Building Details

Year Built 1986
Year Renovated 2024
Tenancy Multi
Listing Agency: O'Brien Properties, LLC
Listed By: Lisa O'Brien · License #10491212419
Source: Skinnercnyrealty
Added: Jun 22 Changed: Sep 8 Last Checked: Sep 9 at 10:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of O'Brien Properties, LLC

Investment Insights

Based on property information with market context.

This fully renovated, well-maintained property is a four-unit quadplex with approximately 5,760 square feet of heated interior space, plus deep-water access to the St. Lawrence River. The main level includes expansive commercial space spanning half of the main level, with additional commercial space nearly filling the lower level. The four residential units include a furnished 1-bedroom, 1-bath unit currently operating as an Airbnb, a 2-bedroom, 1-bath apartment with long-term tenants, and an additional 1-bedroom, 1-bath unit rented monthly to medical professionals. Each unit is heated with an efficient natural gas furnace. Recent updates completed in 2023–2024 include a new roof, updated electrical with four separate meter options, modern PEX plumbing, and new water heaters.

The property provides 85 feet of level waterfront frontage along the St. Lawrence River and includes a private dock for boating access. Paved parking is available in both the front and rear of the building, supporting tenant and customer use depending on the configuration.

The layout supports multiple operating strategies, including maintaining the current multi-unit mix, converting space between commercial and residential uses, establishing a live-work arrangement, or using the property as one large unit. Separate electric meters and the existing commercial footprint may be particularly useful for tenants or owner-operators seeking flexibility while preserving income-producing residential units.

Key Highlights

  • 1986‑built, renovated 4‑unit property with 5,760 SF of heated interior space
  • Deep‑water St. Lawrence River access with a private dock and 85 ft of level waterfront frontage
  • 2023–2024 renovations include new roof, updated electrical with four separate meter options, and modern PEX plumbing

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service Storage Facility Florist Real Estate Agency Food Market Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

99
Businesses Nearby

Demographics for 13694, NY

1,316
Population
607
Households
2.2
Avg Household Size
50
Median Age
29%
College-Educated
90%
High-School Grad
18.1 sq mi
ZIP Area
73
Density / Sq Mi
$77,308
Median Household Income
$49,556
Median Earnings
$718
Median Rent
$207,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Renovated four-unit property with deep-water access, private dock, and significant commercial space for flexible use.
Where is this quadplex located?
The property is located at 131 St Lawrence Ave Waddington, NY.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 1986‑built, renovated 4‑unit property with 5,760 SF of heated interior space; Deep‑water St. Lawrence River access with a private dock and 85 ft of level waterfront frontage; 2023–2024 renovations include new roof, updated electrical with four separate meter options, and modern PEX plumbing
More about this property
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