Equipped
New
For Sale
$485,000
22 Highland Road, Massena, NY 13662
COMMERCIAL, Commercial, Massena, NY
Property Size2,500 SF
Price / SF$194
Days on Market3
Property Features for 22 Highland Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Patio and Porch features
Deck
Interior features
Ceiling fan(s), Handicapped Bathrooms, Open floor plan
Exterior features
Deck, Utility building
Fencing
Partial
Accessibility
Accessible Approach with Ramp
Lot features
Landscaping, Sloped lot
Elementary school district
Massena Central School District
Middle school district
Massena Central School District
High school district
Massena Central School District
Directions
Located off Highway 37 on to Highland Road. Across river from Alcoa Aluminum plant
Subdivision
ST LAWRENCE
Standard status
Active
APN
10.045-1-7.1
Size
2,500 SF
Taxes and HOA fees
Tax Annual Amount
6420
Utilities
Utilities
Cable Available
Water source
Public
Building Details
Year built
1985
Building materials
Brick exterior, Stone exterior
Roof type
Metal
Architectural style
Other
Listing Agency:
Kassian Real Estate, LLC
Listed By:
Michael E. Kassian · License #37KA0751782
(315) 769-0025
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 7 at 3:06AM
MLS# 53484
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.
Investment Insights
Based on property information with market context.
Configured for restaurant use, the 2,500-square-foot property has an open floor plan, accessible bathrooms, and a ramped approach. Restaurant equipment is included, and the building was constructed in 1985 with brick and stone exterior materials. The property also features a deck, a utility building, and a metal roof.
The site has a recently installed parking lot and is zoned Commercial. Public water service and cable availability are noted.
The site has a recently installed parking lot and is zoned Commercial. Public water service and cable availability are noted.
Key Highlights
- 2,500‑square‑foot restaurant property
- Restaurant equipment included with the sale
- Open floor plan with accessible bathrooms and a ramped approach
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,799
Cap Rate
8.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$775,980
$776.0K
Cap Rate 7%
$554,271
$554.3K
Cap Rate 9%
$431,100
$431.1K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$54.0K $21.60/SF
− Vacancy
−$2.3K −$0.91/SF
EGI
$51.7K $20.69/SF
− OpEx
−$12.9K −$5.17/SF
NOI
$38.8K $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%
$775,980
Cap Rate 7%
$554,271
Cap Rate 9%
$431,100
Alternative Uses
Best Use
Specialty Retail
$554.3K
$485.0K – $646.7K
NOI $38,799 @ 7.0% cap · market cap 8.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$620.2K
$542.7K – $723.6K
NOI $43,416 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
1k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
U-Haul Neighborhood Dealer
Shops & Services
714 visits/mo
0.3 miles
Napa Auto Parts
Shops & Services
587 visits/mo
0.4 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant equipment is included, and the interior has an open layout.
Where is this conventional restaurant located?
The property is located at 22 Highland Road Massena, NY.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 2,500‑square‑foot restaurant property; Restaurant equipment included with the sale; Open floor plan with accessible bathrooms and a ramped approach
