Versatile Flex Garage
51 Crane Road Winthrop, NY 13697
51 Crane Road, Winthrop, NY, 13697
$350,000
For Sale
$350,000
COMMERCIAL - Winthrop, NY
Property Size3,472 SF
Lot Size2.80 Acres
Price / SF$100.81
Days on Market110
Property Features for 51 Crane Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- residential
- Parking features
- Garage - Attached, Garage
- Security features
- Security
- Interior features
- 9 ft.+ ceilings, Security features
- Exterior features
- Storage/out-building(s)
- Fencing
- Partial
- Standard status
- Active
- APN
- 43.002-1-12.2
- Size
- 3,472 SF
- Lot size
- 2.80 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2939
Utilities
- Water source
- Well
Building Details
- Year built
- 2017
- Roof type
- Metal
- Architectural style
- Other
- Additional Structures
- Storage
Listing Agency
Trego Realty Group, LLC
(315) 705-5542
162 Main Street, Suite 2, Massena, NY
Listed by
Elizabeth Trego · License #10491210659
(315) 842-0266
Added: Apr 3 Updated: Jun 3 at 8:17 am Checked: Jul 21 at 3:06 am
MLS# 52505
Copyright © 2026 St. Lawrence Board of Realtors. 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.
The property is a versatile commercial and live-work style setup anchored by a substantial 28' x 64' heated garage with three oversized bay doors. The garage includes a dedicated office area, and the upper level is prepped for an apartment with plumbing and electrical already in place, ready for finishing. An additional attached 12' x 24' one-car garage adds further storage and workspace utility. Multiple outbuildings support additional uses, including a pole barn and two sugar shacks, and the site includes over 100 mature maple trees currently tapped for maple syrup production, along with fruit trees such as apple, cherry, plum, and pear.
Located on 2.8 acres in a peaceful rural setting, the property is zoned residential and described as having a special use permit for commercial operations. The acreage provides privacy and room for expansion, while the established sugaring components and additional outbuildings support both business and hobby uses.
This configuration is well-suited for an owner-operator looking for a work-focused garage with office space and potential on-site living, as well as an operator interested in value-added activities supported by the existing sugar production infrastructure. It can also appeal to buyers seeking a single-site property that combines practical commercial space, adaptable residential potential, and agricultural and storage outbuilding capacity.
Located on 2.8 acres in a peaceful rural setting, the property is zoned residential and described as having a special use permit for commercial operations. The acreage provides privacy and room for expansion, while the established sugaring components and additional outbuildings support both business and hobby uses.
This configuration is well-suited for an owner-operator looking for a work-focused garage with office space and potential on-site living, as well as an operator interested in value-added activities supported by the existing sugar production infrastructure. It can also appeal to buyers seeking a single-site property that combines practical commercial space, adaptable residential potential, and agricultural and storage outbuilding capacity.
Key Highlights
- 2.8 acres zoned residential with special use permit for commercial operations, offering versatile live/work possibilities.
- Large 28' x 64' heated garage with three oversized bay doors and dedicated office space.
- Upper level of main structure prepped for an apartment with plumbing and electrical in place.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.7k | $12.00 |
| − Vacancy | −$4.2k | −$1.20 |
| EGI | $37.5k | $10.80 |
| − OpEx | −$14.1k | −$4.05 |
| NOI | $23.4k | $6.75 |
3,472 SF · lease $12.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Office B
$649.6K
$568.4K – $757.8K
NOI $45,470 @ 7.0% cap · market cap 12.99%
Second Best
Flex RnD
$539.7K
$472.2K – $629.7K
NOI $37,779 @ 7.0% cap · market cap 10.79%
Theoretical Best
Office A
$861.4K
$753.7K – $1.00M
NOI $60,296 @ 7.0% cap · market cap 17.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
J&J Appliance Service
Home Appliance Store
North Country Equipment ...
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Flex space - Heated garage with oversized doors and office space offers flexible live-work or light commercial opportunities on acreage.
Where is this flex space located?
The property is located at 51 Crane Road Winthrop, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2.8 acres zoned residential with special use permit for commercial operations, offering versatile live/work possibilities.; **Large 28' x 64' heated garage with three oversized bay doors and dedicated office space.**; Upper level of main structure prepped for an apartment with plumbing and electrical in place.
