Building Details

Building Size 3,520 SF

Year Built 1975

Buildings 1

Stories 1

Listing Agency: Blue Heron Realty b**@blueherononline.com Show Phone

Listed By: Jennifer Stevenson · License #37ST0899408 Show Phone

Source: Homerootsrealty

Added: Jul 28, 2025 Changed: Oct 25 Last Checked: Oct 29 at 10:02PM

Report an Issue

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 Blue Heron Realty

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

The 3,520-square-foot auto shop at 1369 US Highway 11 includes office, reception, and storage areas alongside four truck bays. Two Rotary lifts are installed: a 12,000-pound four-post model and a 10,000-pound two-post model purchased in 2020. Overhead door openings measure 12' x 12', 10' wide by 12' high, and 10' x 10'.

Built in 1975, the property combines a block-built older section with a stick-built addition. A steel roof was installed around 2017, and some electrical work, lighting, and drywall were new in 2024. The building uses kerosene forced-air heat. Its septic system was pumped before 2024, and public sewer is available. The property is near the Village of Gouverneur.

Key Highlights

• Four truck bays and 3,520 square feet of building area
• Includes a 12,000 lb. four‑post Rotary lift and a 10,000 lb. two‑post Rotary lift purchased in 2020
• Three overhead doors: 12' x 12', 10' wide by 12' high, and 10' x 10'

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$21,724

Cap Rate

7.27%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$434,480 $434.5K

Cap Rate 7%

$310,343 $310.3K

Cap Rate 9%

$241,378 $241.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,520 SF

Gross rent

$33.4K $9.48/SF

− Vacancy

−$2.3K −$0.66/SF

EGI

$31.0K $8.82/SF

− OpEx

−$9.3K −$2.64/SF

NOI

$21.7K $6.17/SF

Area

St. Lawrence County, NY

Vacancy

7.00%

Lease Rate

$9.48 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$434,480

Cap Rate 7%

$310,343

Cap Rate 9%

$241,378

Alternative Uses

Best Use

Retail

$639.4K

$559.4K – $745.9K (±1% cap)

NOI $44,755 @ 7.0% cap · market cap 14.97%

Second Best

Industrial

$310.3K

$271.6K – $362.1K (±1% cap)

NOI $21,724 @ 7.0% cap · market cap 7.27%

Theoretical Best

Office A

$873.3K

$764.1K – $1.02M (±1% cap)

NOI $61,130 @ 7.0% cap · market cap 20.44%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Building Supply Restaurant Plumbing Service Grocery & Convenience 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

4

Service bays

Location Intelligence

Trade Area within ½ mile

38

Businesses Nearby

16k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Home Improvements & Furnishings 60% Shops & Services 40%

Tractor Supply Co. Home Improvements & Furnishings

9,751 visits/mo 0.4 miles

Dollar Tree Shops & Services

6,499 visits/mo 0.4 miles

Demographics for 13642, NY

9,397

Population

4,214

Households

2.2

Avg Household Size

40

Median Age

19%

College-Educated

84%

High-School Grad

189.1 sq mi

ZIP Area

50

Density / Sq Mi

$47,452

Median Household Income

$39,194

Median Earnings

$851

Median Rent

$116,200

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Similar For Sale Nearby

See more

Specialty Property for Sale

9 William St, Gouverneur, NY 13642

$289,000

3,722 SF

View details

Triplex With Garage Space

95 Clinton St, Gouverneur, NY 13642

$99,000

2,926 SF

View details

4-Unit Multifamily Building

281 E Main St., Gouverneur, NY 13642

$174,000

2,548 SF

View details

6-Unit Apartment Building with River Views

61, 63, 65, 67 Clinton Street, Gouverneur, NY 13642

$130,000

6,272 SF

View details

Mixed-Use Building with Parking

1034 US Highway 11, Gouverneur, NY 13642

$92,000

1,383 SF

View details

Stabilized Income-Producing Commercial Building

137 W Main St, Gouverneur, NY 13642

Contact for pricing

1,508 SF

View details

Similar Off Market Nearby

• Northern Collision — 335 E Main St, Gouverneur, NY 13642

Frequently Asked Questions

What type of property is this?

Auto shop - Office, reception, and storage areas complement the shop’s truck-bay configuration.

Where is this auto shop located?

The property is located at 1369 Us Highway 11 Gouverneur, NY.

What is the asking price?

The asking price for this property is $299,000.

What are key features of this property?

This property features: Four truck bays and 3,520 square feet of building area; Includes a 12,000 lb. four‑post Rotary lift and a 10,000 lb. two‑post Rotary lift purchased in 2020; Three overhead doors: 12' x 12', 10' wide by 12' high, and 10' x 10'