38 Walton St, Alexandria, NY 13607

Building Details

Year Built

1890

Listing office Garlock Realty c***@garlockrealty.com Show Phone

Listing date Mar 11, 2026

Source Elliman

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Overview

This commercial investment property is situated on 1.5 acres in the village and offers a water view of the main channel. The property includes a main house featuring 5 year-round rental units, along with an additional 8 units rented seasonally. A 3-bedroom, 1-bathroom home and a spacious garage are located behind the main house. The large parcel has potential for development into condos or a motel/hotel. The location is within walking distance to the river, shops, school, and downtown. There is ample room to add more units and spacious parking available. The owners have an excellent rental history.

Suggested Use

Law Firm Spa & Massage Center Hair Salon Building Supply Gym & Fitness Center Skin Care Clinic Accounting Firm Discount Store Grocery & Convenience Store Acupuncture

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

Location Insight

• Map
• Local Demand

City

Alexandria

County

Jefferson

State

New York

Longitude

-75.915

Latitude

44.3373

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FAQs

What type of property is this?

Apartment building - Multifamily property with year-round and seasonal rental units.

Where is this apartment building located?

The property is located at 38 Walton St Alexandria, NY.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: Established commercial investment property in the 1000 Islands with excellent rental history.; Large 1.5‑acre parcel with water view and development potential for condos or a motel/hotel.; Includes five year‑round rental units and eight seasonal rental units.