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Massena, NY Gas Station

386 S Main St, Massena, NY 13662

For Sale
Contact for pricing

Gas station business for sale in Massena, New York.

Property Size1,000 SF
Price / SF$300
Days on Market239

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 NY #10401354945
Source: Crexi
Added: Mar 21 Changed: Oct 26 Last Checked: Nov 12 at 8:10AM

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

Rey
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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 / Yr
$15,520
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $15,520 @ 7.0% cap · market cap 5.17%
Second Best
Retail
$181.6K
$158.9K – $211.9K (±1% cap)
NOI $12,715 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$248.1K
$217.1K – $289.4K (±1% cap)
NOI $17,366 @ 7.0% cap · market cap 5.79%
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

Sunoco Gas Station Gas Station Western Union Bank 7-Eleven Grocery & Convenience Store Cardtronics ATM Atm

Suggested Use

Top Pick HVAC Service Electrical Service Bakery Skin Care Clinic Plumbing Service Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

248
Businesses Nearby
159k
Monthly Visits Nearby

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
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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

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
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