Versatile Commercial Building in 1000
41468 State Route 12, Clayton, NY 13624
For Sale
$569,000
Commercial building with business and living space in prime location.
Property Size3,128 SF
Price / SF$181.91
Days on Market195
Property Features for 41468 State Route 12
General Information
Standard status
Size
Building Details
Year Built
Listing Agency:
Garlock Realty
Listed By:
Cathy F Garlock · License #40GA0888002
(315) 486-4944
Source:
Skinnercnyrealty
Added: Apr 27
Changed: Nov 6
Last Checked: Oct 28 at 11:21AM
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 Garlock Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This well-maintained commercial building is located along a high-traffic corridor in the 1000 Islands region. The property offers a blend of business and living space. The spacious retail or office area is suitable for a professional service, boat sales, retail, or cafe. The property also includes three-bedroom living quarters with cathedral ceilings and a custom kitchen, suitable for owner occupancy or additional rental income. Paved parking is available for customers and guests. The property's flexible layout allows for various uses, including living and working onsite, business expansion, or creating a new venture. The bike score is 43, indicating it is somewhat bikeable, and the walk score is 8, indicating car dependence.
Key Highlights
- High‑traffic location in the desirable 1000 Islands region
- Versatile commercial building suitable for various business types
- Includes a three‑bedroom living quarters with cathedral ceilings and custom kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,858
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$877,160
$877.2K
Cap Rate 7%
$626,543
$626.5K
Cap Rate 9%
$487,311
$487.3K
Market Conditions
NOI Build-Up for 3,128 SF
Gross rent
$79.2K $25.32/SF
− Vacancy
−$9.0K −$2.89/SF
EGI
$70.2K $22.43/SF
− OpEx
−$26.3K −$8.41/SF
NOI
$43.9K $14.02/SF
Area
Jefferson County, NY
Vacancy
11.40%
Lease Rate
$25.32 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$877,160
Cap Rate 7%
$626,543
Cap Rate 9%
$487,311
Alternative Uses
Best Use
Mixed Use
$626.5K
$548.2K – $731.0K
NOI $43,858 @ 7.0% cap · market cap 7.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$862.3K
$754.5K – $1.01M
NOI $60,358 @ 7.0% cap · market cap 10.61%
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
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 13624, NY
4,967
Population
3,431
Households
1.4
Avg Household Size
45
Median Age
31%
College-Educated
85%
High-School Grad
63.3 sq mi
ZIP Area
78
Density / Sq Mi
$79,167
Median Household Income
$48,172
Median Earnings
$982
Median Rent
$224,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial building with business and living space in prime location.
Where is this mixed-use property located?
The property is located at 41468 State Route 12 Clayton, NY.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: High‑traffic location in the desirable 1000 Islands region; Versatile commercial building suitable for various business types; Includes a three‑bedroom living quarters with cathedral ceilings and custom kitchen
