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Charming Commercial Property on Corner Lot

34 North Street Madrid, NY 13660

34 North Street, Madrid, NY, 13660

$279,000

For Sale

$279,000

COMMERCIAL - Other - Madrid, NY

Property Size3,900 SF

Price / SF$71.54

AddedSep 29, 2025

Days on Market291

Last RefreshJul 16 at 12:06 am

Property Features for 34 North Street

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: COM 1
Bedrooms: 4
Bathrooms: 2
Rooms: Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 2
Parking features: Garage - Detached, Garage, Driveway
Patio and Porch features: Porch
Exterior features: Enclosed porch, Outdoor lights
Standard status: Active
APN: 41.070-2-3.1
Size: 3,900 SF

Taxes and HOA fees

Tax Annual Amount: 6500

Utilities

Water source: Public

Building Details

Year built: 1950
Floors in Building: 2
Flooring type: Vinyl, Carpet
Building materials: Vinyl siding
Roof type: Metal
Architectural style: Other

Listing agent Lucille Kassian License #40KA0346866

Listing office Kassian Real Estate, LLC 156 E Orvis Street, Massena, NY

Listing date Sep 29, 2025

MLS# 51969 Listing URL

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.

This meticulously maintained property, situated on a large corner lot, offers over 3,600 square feet of space suitable for various purposes. The property features a 4-car garage, a metal roof, and central air conditioning. Large windows provide ample natural light, highlighting the preserved character of the building. The property is located in a welcoming community and offers flexibility for residential or commercial use, subject to local approvals. It is equipped with public water and sewer services, as well as natural gas. The property presents opportunities for expansion or customization. Potential uses include a residential retreat, a bed and breakfast, or a commercial business.

Key Highlights

4‑car garage with both garage and detached garage, plus a driveway
Over 3,600 sq ft home on a corner lot
Metal roof and vinyl siding

Local Financial Insights For Hotel Hospitality

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$70.2k	$18.00
− Vacancy	−$38.6k	−$9.90
EGI	$31.6k	$8.10
− OpEx	−$16.6k	−$4.25
NOI	$15.0k	$3.85

3,900 SF · lease $18.00/SF/yr · vacancy 55.00% · expense 52.50%

Alternative Uses

Best Use

Hotel Hospitality

$214.4K

$187.6K – $250.1K (±1% cap)

NOI $15,005 @ 7.0% cap · market cap 5.38%

Second Best

—

no second resolved use

Theoretical Best

Office A

$967.6K

$846.6K – $1.13M (±1% cap)

NOI $67,729 @ 7.0% cap · market cap 24.28%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bed & breakfasts

Suggested Use

For sale
Bed & breakfasts
NY
Madrid
13660
34 North Street

What type of property is this?

Bed & breakfast - Versatile commercial property with 4-car garage in welcoming community.

Where is this bed & breakfast located?

The property is located at 34 North Street Madrid, NY.

What is the asking price?

The asking price for this property is $279,000.

What are key features of this property?

This property features: 4‑car garage with both garage and detached garage, plus a driveway; Over 3,600 sq ft home on a corner lot; Metal roof and vinyl siding