Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Mixed-Use Property in Colton, NY Title is generated by Realmo AI

    46 NY-68, Colton, NY 13625

    View on Map
    Claim this Listing
    New
    For Sale
    $1,399,000

    COMMERCIAL - Colton, NY

    Property size:
    10,394 SF
    Lot size:
    8.00 Acres
    Price / SF:
    $134/SF
    Added:
    May 23, 2026
    Days on Market:
    4
    Last Refresh:
    May 26 at 5:06 am

    Property Features for 46 NY-68

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Property condition
    Under Construction
    Zoning
    Mixed
    Rooms
    Laundry Room
    Parking features
    Driveway
    Interior features
    Breakfast Bar, Double Vanity, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Recessed Lighting, Soaking Tub
    Exterior features
    Lighting, Storage
    Basement
    Finished, Daylight, Walk-Up Access, Walk-Out Access, Concrete, Full
    Appliances
    Built-In Gas Oven, Built-In Gas Range, Convection Oven, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer, Exhaust Fan, Freezer, Microwave, Refrigerator
    Standard status
    Active
    Size
    10,394 SF
    Lot size
    8.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    13240

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Radiant, Radiant Floor, Propane (Heating)
    Water source
    Public
    Water front features
    Pond
    Water front
    1

    Building Details

    Year built
    2015
    Floors in Building
    1
    Flooring type
    Tile, Concrete, Wood
    Building materials
    Concrete, Stucco, Wood Siding
    Roof type
    Shingle
    Additional Structures
    Storage

    We can help!

    Listing Contact
    David Trahey

    Listing agent David Trahey

    Listing office The Reynolds Group of Lake Placid, LLC 2051 Saranac Ave Suite 102A, Lake Placid, NY

    Listing date May 23, 2026

    MLS# 207327

    Copyright © 2026 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Mixed‑use property offers immediate income potential as a wellness/practitioner space.
    • Expansive property is suitable for diverse uses: wellness retreat, inn, event venue, residential conversion, or live‑work compound.
    • Beautifully maintained grounds feature a pond, auxiliary structures, and peaceful natural setting.
    • Seven full bathrooms, five en‑suite practitioner spaces, a commercial kitchen, and a residential kitchen with custom cabinetry.
    • Convenient proximity to St. Lawrence University, Clarkson University, SUNY Potsdam, and SUNY Canton.
    • Year‑round access to outdoor activities like hiking, paddling, boating, skiing, and cycling in the Adirondack foothills.

    Overview

    Located on meticulously maintained grounds in Colton, New York, this mixed-use commercial and residential property presents a blend of immediate income potential and architectural appeal. Currently operating as a wellness and practitioner space, it offers a turnkey opportunity for various ventures. The property's design and upkeep support a range of possibilities, including a wellness retreat, boutique inn, corporate retreat, creative campus, therapeutic center, event venue, multi-generational living arrangement, practitioner suites, residential conversion, or a live-work compound. The property's scale, pond, auxiliary structures, lawns, and natural setting create a private and destination-oriented experience. The interior features a functional layout with seven full bathrooms, one half bath, five en-suite practitioner spaces, a commercial kitchen, and a residential kitchen with custom cabinetry and wood details. Multiple gathering and dining areas can accommodate approximately 30 guests. Situated near the Adirondack foothills, the location provides access to outdoor activities such as hiking, paddling, boating, skiing, snowshoeing, and cycling, with Higley Flow State Park, Blake Reservoir, and the Raquette River nearby. The property is also near St. Lawrence University, Clarkson University, SUNY Potsdam, and SUNY Canton.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center Bar & Pub Garden Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Colton
    County
    St. Lawrence
    State
    New York
    Longitude
    -74.940804
    Latitude
    44.550607

    FAQs

    What type of property is this?
    Mixed-use property - Commercial and residential property with income potential in Colton, NY.
    Where is this mixed-use property located?
    The property is located at 46 NY-68 Colton, NY.
    What is the asking price?
    The asking price for this property is $1,399,000.
    What are key features of this property?
    This property features: Mixed‑use property offers immediate income potential as a wellness/practitioner space.; Expansive property is suitable for diverse uses: wellness retreat, inn, event venue, residential conversion, or live‑work compound.; Beautifully maintained grounds feature a pond, auxiliary structures, and peaceful natural setting.
    (518) 524-7583
    We can help!
    Listing Contact
    David Trahey
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    46 NY-68, Colton, NY 13625
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!