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Mixed-Use Property with Apartments
For Sale
$139,900

10 Railroad Street, Malone, NY 12953

Two leased apartments share the property with office space and a garage offering storage, workshop, and additional office areas.

Property Size2,500 SF
Price / SF$55.96
Days on Market581

Property Features for 10 Railroad Street

General Information

Standard status Active
Size 2,500 SF
Property subtype Commercial

Additional Details

Multifamily Units 2
Tenant in Place Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $6,702

Amenities

Storage
Apartment

Building Details

Building Size 2,500 SF
Year Built 1945
Buildings 2
Listing Agency: Marshall Realty & Associates
Listed By: Craig Garrow
Source: Homerootsrealty
Added: Mar 24, 2025 Changed: Oct 24 Last Checked: Oct 24 at 2:43PM

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 Marshall Realty & Associates

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Investment Insights

Based on property information with market context.

Two commercial buildings provide a mix of residential and office space, including two finished apartments and an appointed office. Each building has additional space identified for potential apartment or office buildout. Improvements include spray foam insulation, updated wiring, and flooring. The property has a recorded year built of 1945.

A separate commercial-sized garage adds parking, storage, a workshop, and office space. The buildings are next to the Franklin County Courthouse in the Village of Malone. The apartments are leased.

Key Highlights

  • Two commercial buildings with two finished apartments and office space
  • Additional areas in both buildings identified for apartment or office buildout
  • Garage includes parking, storage, a workshop, and office space

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Big Box & Wholesale Store Skin Care Clinic Kitchen & Bath Showroom Real Estate Agency HVAC Service Nail Salon

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

701
Businesses Nearby

Demographics for 12953, NY

13,731
Population
5,693
Households
2.4
Avg Household Size
40
Median Age
23%
College-Educated
82%
High-School Grad
212.7 sq mi
ZIP Area
65
Density / Sq Mi
$64,673
Median Household Income
$48,402
Median Earnings
$821
Median Rent
$123,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two leased apartments share the property with office space and a garage offering storage, workshop, and additional office areas.
Where is this mixed-use property located?
The property is located at 10 Railroad Street Malone, NY.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Two commercial buildings with two finished apartments and office space; Additional areas in both buildings identified for apartment or office buildout; Garage includes parking, storage, a workshop, and office space
More about this property
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