Storefront Property with Ample
1942 Military Turnpike Rd, Plattsburgh, NY 12901
For Sale
$1,100,000
Commercial Sale, Plattsburgh, NY
Property Size5,627 SF
Lot Size2.21 Acres
Price / SF$195.49
Days on Market61
Property Features for 1942 Military Turnpike Rd
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking features
Patio and Porch features
Fencing
Standard status
Size
Lot size
Utilities
Sewer type
Heating system
Building Details
Year built
Floors in Building
Flooring type
Roof type
Listing Agency:
JOE MACRI REALTY
(315) 360-1920
Listed By:
William Macri
Added: Sep 11
Changed: Nov 6
Last Checked: Nov 10 at 6:06AM
MLS# 11975526
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This storefront property at 1942 Military Turnpike Rd in Plattsburgh includes 5,627 square feet of commercial space on a 2.21-acre parcel. Built in 1991, the building features tile, carpet, linoleum, and laminate flooring, along with baseboard heating fueled by oil. The property also includes three bathrooms, a deck, fencing, asphalt roofing, and a septic tank system.
Driveway parking serves the site, which provides substantial land area around the commercial building. The property is approximately one hour from Montreal and Burlington, Vermont, offering access to both regional markets. Its combination of building area, surrounding acreage, and parking supports a range of storefront-oriented commercial uses.
Driveway parking serves the site, which provides substantial land area around the commercial building. The property is approximately one hour from Montreal and Burlington, Vermont, offering access to both regional markets. Its combination of building area, surrounding acreage, and parking supports a range of storefront-oriented commercial uses.
Key Highlights
- 5,627 square feet of commercial space on 2.21 acres
- Built in 1991 with three bathrooms
- Driveway parking and fenced site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,057
Cap Rate
6.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,381,140
$1.4M
Cap Rate 7%
$986,529
$986.5K
Cap Rate 9%
$767,300
$767.3K
Market Conditions
NOI Build-Up for 5,627 SF
Gross rent
$101.3K $18.00/SF
− Vacancy
−$2.6K −$0.47/SF
EGI
$98.7K $17.53/SF
− OpEx
−$29.6K −$5.26/SF
NOI
$69.1K $12.27/SF
Area
Clinton County, NY
Vacancy
2.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,381,140
Cap Rate 7%
$986,529
Cap Rate 9%
$767,300
Alternative Uses
Best Use
Retail
$986.5K
$863.2K – $1.15M
NOI $69,057 @ 7.0% cap · market cap 6.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,579 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12901, NY
32,147
Population
15,426
Households
2.1
Avg Household Size
38
Median Age
33%
College-Educated
89%
High-School Grad
70.6 sq mi
ZIP Area
455
Density / Sq Mi
$59,413
Median Household Income
$35,385
Median Earnings
$957
Median Rent
$182,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Storefront property - Fenced commercial parcel with driveway parking, varied interior finishes, and access to Montreal and Burlington.
Where is this storefront property located?
The property is located at 1942 Military Turnpike Rd Plattsburgh, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 5,627 square feet of commercial space on 2.21 acres; Built in 1991 with three bathrooms; Driveway parking and fenced site
