Massena, NY Gas
For Sale
Contact for pricing
386 S Main St, Massena, NY 13662
Gas station business for sale in Massena, New York.
Property Size1,000 SF
Price / SF$300
Days on Market145
Property Features for 386 S Main St
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Retail, Business for Sale
Lease Type
Gross
Building Details
Tenancy
Single
Listing Agency:
Acropolis Realty Group
Listed By:
Duane Edmonds · License #NY10401354945
Source:
Crexi
Added: Mar 21
Changed: Aug 11
Last Checked: Aug 11 at 8:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Acropolis Realty Group
Investment Insights
Based on property information with market context.
A gas station business is available for sale in Massena, New York. The property size is 1000 square feet.
Key Highlights
- Gas station business for sale
- Located in Massena, NY
- Additional property details available
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,520
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$310,400
$310.4K
Cap Rate 7%
$221,714
$221.7K
Cap Rate 9%
$172,444
$172.4K
Market Conditions
NOI Build-Up for 1,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$21.6K $21.60/SF
− Vacancy
−$907 −$0.91/SF
EGI
$20.7K $20.69/SF
− OpEx
−$5.2K −$5.17/SF
NOI
$15.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$310,400
Cap Rate 7%
$221,714
Cap Rate 9%
$172,444
Alternative Uses
Best Use
Specialty Retail
$221.7K
$194.0K – $258.7K
NOI $15,520 @ 7.0% cap · market cap 5.17%
Second Best
Retail
$181.6K
$158.9K – $211.9K
NOI $12,715 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$248.1K
$217.1K – $289.4K
NOI $17,366 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
159k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 31%
Apparel 18%
Shops & Services 16%
Groceries 12%
T.J. Maxx
Apparel
28,146 visits/mo
0.3 miles
McDonald's
Dining
24,835 visits/mo
0.1 miles
Price Chopper
Groceries
18,971 visits/mo
0.2 miles
Big Lots
Superstores
16,799 visits/mo
0.3 miles
Tim Hortons
Dining
13,505 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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Gas station business for sale in Massena, New York.
Where is this gas station located?
The property is located at 386 S Main St Massena, NY.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Gas station business for sale; Located in Massena, NY; Additional property details available
