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For sale
Conventional restaurants
NY
Alexandria Bay
13607
43641 State Route 12

Turnkey Restaurant on Busy Road

43641 State Route 12 Alexandria Bay, NY 13607

43641 State Route 12, Alexandria Bay, NY, 13607

$450,000

For Sale

$450,000

COMMERCIAL - Alexandria Bay, NY

Property Size2,040 SF

Lot Size0.83 Acres

Price / SF$220.59

AddedMay 29

Days on Market48

Last RefreshJul 15 at 7:06 pm

Property Features for 43641 State Route 12

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: Business
Parking: 50
Parking features: Paved or Surfaced
Standard status: Active
APN: 222289-006-019-0001-071-220
Size: 2,040 SF
Lot size: 0.83 Acres

Taxes and HOA fees

Tax Annual Amount: 4501

Utilities

Sewer type: Public Sewer
Heating system: Forced Air, Oil, Electric (Heating)
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1989
Floors in Building: 1
Flooring type: Linoleum, Vinyl
Building materials: MetalSiding
Roof type: Shingle, Asphalt

Listing agent Shondra Beach License #10401349039

Listing office Bridgeview Real Estate 128 TenEyck St #2, Watertown, NY

Listing date May 29, 2026

MLS# S1684938

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial property is located on NYS Route 12 between Alexandria Bay and Clayton, close to Interstate 81. Currently operating as Wolfe's Kountry Kottage, the property has been a restaurant for nearly a decade. The restaurant has seating for 86 guests, with an additional outdoor dining area that provides seating for 24 guests. A new electric AC unit is installed. The property offers visibility, accessibility, and parking with over 50 spots. It is located close to the St. Lawrence River. The property size is 2,040 square feet on a lot of 0.83 acres. There is room to expand the existing building, enlarge the outdoor dining area, or further develop the property. The property is being offered fully furnished with all seating and commercial restaurant equipment included. The zoning is Business, allowing for various business ventures. Thousands of vehicles pass by each day. The property is located in the Thousand Islands region.

Key Highlights

Operating restaurant on NYS Route 12 between Alexandria Bay and Clayton, close to Interstate 81
Seating for 86 guests indoors plus outdoor dining for an additional 24 guests
Over 50 paved/surfaced parking spots

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$29.1k	$14.28
− Vacancy	−$1.2k	−$0.60
EGI	$27.9k	$13.68
− OpEx	−$7.0k	−$3.42
NOI	$20.9k	$10.26

2,040 SF · lease $14.28/SF/yr · vacancy 4.20% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$299.0K

$261.6K – $348.9K (±1% cap)

NOI $20,931 @ 7.0% cap · market cap 4.65%

Second Best

—

no second resolved use

Theoretical Best

Office A

$562.3K

$492.1K – $656.1K (±1% cap)

NOI $39,364 @ 7.0% cap · market cap 8.75%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

For sale
Conventional restaurants
NY
Alexandria Bay
13607
43641 State Route 12

What type of property is this?

Conventional restaurant - Commercial property with established restaurant near St. Lawrence River.

Where is this conventional restaurant located?

The property is located at 43641 State Route 12 Alexandria Bay, NY.

What is the asking price?

The asking price for this property is $450,000.

What are key features of this property?

This property features: Operating restaurant on NYS Route 12 between Alexandria Bay and Clayton, close to Interstate 81; Seating for 86 guests indoors plus outdoor dining for an additional 24 guests; Over 50 paved/surfaced parking spots