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Multi-Use Downtown Retail Building
For Sale
$329,000

5415 Shady Avenue, Lowville, NY 13367

Storefront building with income-generating first floor and two vacant open-concept upper floors, plus major exterior and system upgrades.

Property Size9,275 SF
Price / SF$35.47
Days on Market123

Property Features for 5415 Shady Avenue

General Information

Standard status Active
Size 9,275 SF
Property subtype Mixed Use

Taxes and HOA fees

Annual Taxes $2,793

Amenities

Central Air, Gas
3
Membrane, Rubber
MLT USES
Parking.
4 Parking Spaces. Shared Driveway, Off Site, On Site.
Rectangular
48X143
Rectangular.

Building Details

Year Built 1950
Year Renovated 2024
Stories 3
Tenancy Multi
Listing Agency: Homes Realty of Northern New York
Listed By: Gayla Roggie
Source: Xome
Added: Apr 23 Changed: Aug 23 Last Checked: Aug 22 at 12:52PM

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 Homes Realty of Northern New York

Investment Insights

Based on property information with market context.

This multi-use retail building offers a currently income-producing first floor and two vacant open-concept spaces on the second and third floors. The first floor includes an established tenant, Double Play, with a lease through November 2026, plus an additional display window leased month-to-month.

Major improvements are already completed, including a rebuilt and reinforced rear wall, a new rubber membrane roof, new windows and front siding, and a new village water line. Additional 2024 upgrades include a new natural gas furnace, an on-demand electric water heater, central air conditioning, 200-amp electrical service, and foundation repairs. Buyers are encouraged to verify zoning for intended use possibilities before planning future improvements.

Located at 5415 Shady Ave in Lowville, the property provides more than one level of flexible space for a variety of end uses, with the upper floors ready to be customized.

Key Highlights

  • More than 9,000 SF multi‑use downtown commercial building with income‑generating first floor and two vacant open‑concept upper floors
  • First‑floor tenant income includes Double Play at $1,500/month through November 2026 plus a display window leased month‑to‑month at $100/month
  • Major improvements completed: rebuilt/reinforced rear wall, new rubber membrane roof, new windows and front siding, and new village water line

Property Analytics

Current Use

Double Play Sports Family Recreation Center

Suggested Use

Top Pick Real Estate Agency Electrical Service Skin Care Clinic Storage Facility Furniture & Home Goods Plumbing Service

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

480
Businesses Nearby
Under-served
Demand for This Use

Demographics for 13367, NY

8,678
Population
4,546
Households
1.9
Avg Household Size
42
Median Age
25%
College-Educated
90%
High-School Grad
463.7 sq mi
ZIP Area
19
Density / Sq Mi
$70,781
Median Household Income
$40,827
Median Earnings
$790
Median Rent
$170,700
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - Storefront building with income-generating first floor and two vacant open-concept upper floors, plus major exterior and system upgrades.
Where is this storefront property located?
The property is located at 5415 Shady Avenue Lowville, NY.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: More than 9,000 SF multi‑use downtown commercial building with income‑generating first floor and two vacant open‑concept upper floors; First‑floor tenant income includes Double Play at $1,500/month through November 2026 plus a display window leased month‑to‑month at $100/month; Major improvements completed: rebuilt/reinforced rear wall, new rubber membrane roof, new windows and front siding, and new village water line
More about this property
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