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Restaurant with Convenience Store

14169 14173 State Highway 37, Massena, NY 13662

For Sale
$399,000

COMMERCIAL, Commercial, Massena, NY

Property Size1,800 SF
Price / SF$221.67
Days on Market102

Property Features for 14169 14173 State Highway 37

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 1
Rooms Bathroom 1
Interior features Open floor plan
Exterior features Outdoor lights, Storage/out-building(s)
Elementary school district Massena Central School District
Middle school district Massena Central School District
High school district Massena Central School District
Directions Located in Louisville on State Highway 37, across from the turn onto County Route 39.
Subdivision ST LAWRENCE
Standard status Active
APN 15.001-2-5
Size 1,800 SF

Taxes and HOA fees

Tax Annual Amount 3244

Utilities

Water source Public

Building Details

Year built 1950
Floors in Building 1
Building materials Concrete block
Roof type Metal
Architectural style Other
Additional Structures Storage
Listing Agency: Dufrane Real Estate, LLC
Listed By: Christine Amo · License NY #10491205301
Added: Aug 5 Changed: Oct 12 Last Checked: Nov 14 at 5:06AM
MLS# 53178

Copyright © 2026 St. Lawrence Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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

Investment Insights

Based on property information with market context.

This 1,800-square-foot restaurant and convenience store includes a bait-and-tackle shop, open dining area, commercial kitchen, office, storage areas, and an accessible bathroom. Eight booths provide 32+ seats. Kitchen equipment includes convection ovens, a 3-foot grill, 4-burner gas stove, hood Ansul system, Alto-Shaam oven, fryers, steam table, coolers, freezers, sinks, slicer, meat grinder, and a recently purchased dough mixer. The sale includes restaurant, bait-shop, and kitchen inventory, along with pots, pans, dishes, shelving, and the camera system.

Additional improvements include an 18' x 26' smokehouse with multiple smokers, a rotisserie grill, and a 350 lb pig cooker, plus a 10'x20 storage building for supplies. The building was constructed in 1950 and has a metal roof that is 2 years old. Public water serves the property, and the septic system has a new pump station and leach field. Recipes and customer lists may also be provided to the next owner.

Key Highlights

  • 1,800‑square‑foot restaurant and convenience store with bait‑and‑tackle shop
  • Eight booths provide 32+ seats for customer dining
  • 18' x 26' smokehouse with Yoder Pellet smoker, Pit Boss smoker, rotisserie grill, and 350 lb pig cooker

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,935
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,700 $558.7K
Cap Rate 7%
$399,071 $399.1K
Cap Rate 9%
$310,389 $310.4K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$38.9K $21.60/SF
− Vacancy
−$1.6K −$0.91/SF
EGI
$37.2K $20.69/SF
− OpEx
−$9.3K −$5.17/SF
NOI
$27.9K $15.52/SF
Area
St. Lawrence County, NY
Vacancy
4.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,700
Cap Rate 7%
$399,071
Cap Rate 9%
$310,389

Alternative Uses

Best Use
Specialty Retail
$399.1K
$349.2K – $465.6K (±1% cap)
NOI $27,935 @ 7.0% cap · market cap 7.00%
Second Best
Retail
$326.9K
$286.1K – $381.4K (±1% cap)
NOI $22,886 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$446.6K
$390.8K – $521.0K (±1% cap)
NOI $31,260 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Conventional restaurants

Lease Details

Turnkey business
Opportunity
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby
Well-served
Demand for This Use

Demographics for 13662, NY

15,814
Population
7,785
Households
2
Avg Household Size
44
Median Age
24%
College-Educated
89%
High-School Grad
89.2 sq mi
ZIP Area
177
Density / Sq Mi
$56,987
Median Household Income
$38,535
Median Earnings
$712
Median Rent
$118,300
Median Home Value

Market

Average Price Trend$/SF for Conventional restaurants in St. Lawrence County, NY

$162 Jul
$142 Aug
$147 Sep
$125 Oct

Properties on Market for Conventional restaurants in St. Lawrence County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established food-service property with a bait-and-tackle shop, commercial kitchen, smokehouse, and included operating inventory.
Where is this conventional restaurant located?
The property is located at 14169 14173 State Highway 37 Massena, NY.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 1,800‑square‑foot restaurant and convenience store with bait‑and‑tackle shop; Eight booths provide 32+ seats for customer dining; 18' x 26' smokehouse with Yoder Pellet smoker, Pit Boss smoker, rotisserie grill, and 350 lb pig cooker
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