Restaurant with Event
3512 CR 14, Madrid, NY 13660
For Sale
$479,000
COMMERCIAL, Commercial, Madrid, NY
Property Size1,656 SF
Price / SF$289.25
Days on Market391
Property Features for 3512 CR 14
General Information
Property type
Property subtype
Bathrooms
Rooms
Security features
Patio and Porch features
Interior features
Exterior features
Accessibility
Lot features
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Tenancy & Operations
Currently Operating
Business Included
Taxes and HOA fees
Tax Annual Amount
Utilities
Utilities
Water source
Amenities
private meeting room
pavilion
hardwired fire and police connections
Building Details
Year built
Floors in Building
Building materials
Roof type
Architectural style
Additional Structures
Listing Agency:
Trego Realty Group, LLC
(315) 705-5542
Listed By:
Elizabeth Trego · License NY #10491210659
(315) 842-0266
Added: Oct 20, 2025
Changed: Nov 13
Last Checked: Nov 14 at 12:06AM
MLS# 52057
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.
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Investment Insights
Based on property information with market context.
This 1,656-square-foot restaurant property in Madrid includes a bar, dining room, private meeting room, and two restrooms. The meeting room accommodates up to 20 people, while a back deck offers additional outdoor dining space. A custom-built smoker can hold up to 300 pounds of meat. The property also includes a 32' x 64' pavilion for events, along with storage or outbuilding space.
The property sits along the St. Lawrence County snowmobile trail system and is 15–20 minutes from Massena, Potsdam, Canton, and Ogdensburg. The building was constructed in 1950 and has vinyl siding, a metal roof, public water, and cable availability. Accessibility features include a ramped approach and accessible bathrooms. Hardwired connections to fire and police services are also present.
The property sits along the St. Lawrence County snowmobile trail system and is 15–20 minutes from Massena, Potsdam, Canton, and Ogdensburg. The building was constructed in 1950 and has vinyl siding, a metal roof, public water, and cable availability. Accessibility features include a ramped approach and accessible bathrooms. Hardwired connections to fire and police services are also present.
Key Highlights
- 1,656‑square‑foot restaurant property with bar and dining room
- Custom smoker with capacity for up to 300 pounds of meat
- 32' x 64' pavilion for events
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,700
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$514,000
$514.0K
Cap Rate 7%
$367,143
$367.1K
Cap Rate 9%
$285,556
$285.6K
Market Conditions
NOI Build-Up for 1,656 SF
Gross rent
$35.8K $21.60/SF
− Vacancy
−$1.5K −$0.91/SF
EGI
$34.3K $20.69/SF
− OpEx
−$8.6K −$5.17/SF
NOI
$25.7K $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%
$514,000
Cap Rate 7%
$367,143
Cap Rate 9%
$285,556
Alternative Uses
Best Use
Specialty Retail
$367.1K
$321.3K – $428.3K
NOI $25,700 @ 7.0% cap · market cap 5.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$410.8K
$359.5K – $479.3K
NOI $28,759 @ 7.0% cap · market cap 6.00%
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
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 13660, NY
2,019
Population
757
Households
2.7
Avg Household Size
43
Median Age
22%
College-Educated
90%
High-School Grad
58.8 sq mi
ZIP Area
34
Density / Sq Mi
$71,964
Median Household Income
$41,088
Median Earnings
$827
Median Rent
$121,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Conventional restaurants in St. Lawrence County, NY
Properties on Market for Conventional restaurants in St. Lawrence County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A custom smoker and separate pavilion accommodate food service and private gatherings.
Where is this conventional restaurant located?
The property is located at 3512 CR 14 Madrid, NY.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: 1,656‑square‑foot restaurant property with bar and dining room; Custom smoker with capacity for up to 300 pounds of meat; 32' x 64' pavilion for events
