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Canton Commercial/Residential Opportunity
For Sale
$299,000

5969 US Highway 11, Canton, NY 13617

COMMERCIAL, Canton, NY

Property Size1,630 SF
Lot Size1.00 Acre
Price / SF$183.44
Days on Market226

Property Features for 5969 US Highway 11

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 3
Bathrooms 1
Rooms Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3
Parking features Driveway, Garage
Exterior features Storage/out-building(s)
Lot features Level lot
Elementary school district Canton Central School District
Middle school district Canton Central School District
High school district Canton Central School District
Directions From Gouverneur Street Canton, turn right onto US Highway 11 North/Main Street. Travel about 1.5 miles and property will be located on the left hand side.
Subdivision ST LAWRENCE
Standard status Active
APN 89.001-7-2
Size 1,630 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Annual Amount 3615

Utilities

Utilities Cable Available
Water source Well

Building Details

Year built 1951
Building materials Vinyl siding
Roof type Metal
Additional Structures Storage
Listing Agency: Grasse River Real Estate, LLC
Listed By: Darrcy Waugh · License #10401347320
Added: Feb 28 Changed: Sep 21 Last Checked: Oct 12 at 4:06PM
MLS# 52382

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.

This property offers a prime location on a highly traveled highway in St. Lawrence County, situated minutes from local colleges, businesses, and the village of Canton's amenities. The property includes a home featuring 3 bedrooms and 1.5 baths, with updates throughout. A new roof is planned for July 2025. The home includes vaulted ceilings and two pellet stoves. The converted garage provides a private office or business space with a half bath. The property size is 1,630 square feet and the lot size is 1 acre. The property can be used for commercial or residential purposes.

Key Highlights

  • 3‑bedroom, 1.5‑bath home with converted garage for a private office or business space and its own half bath
  • New metal roof installed July 2025
  • Vaulted ceilings and two pellet stoves

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,347
Cap Rate
7.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,940 $426.9K
Cap Rate 7%
$304,957 $305.0K
Cap Rate 9%
$237,189 $237.2K
Market Conditions
NOI Build-Up for 1,630 SF
Gross rent
$36.8K $22.56/SF
− Vacancy
−$8.3K −$5.10/SF
EGI
$28.5K $17.46/SF
− OpEx
−$7.1K −$4.37/SF
NOI
$21.3K $13.10/SF
Area
St. Lawrence County, NY
Vacancy
22.60%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,940
Cap Rate 7%
$304,957
Cap Rate 9%
$237,189

Alternative Uses

Best Use
Office B
$305.0K
$266.8K – $355.8K (±1% cap)
NOI $21,347 @ 7.0% cap · market cap 7.14%
Second Best
Mixed Use
$157.2K
$137.5K – $183.4K (±1% cap)
NOI $11,003 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$404.4K
$353.8K – $471.8K (±1% cap)
NOI $28,307 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Single family properties

Suggested Use

Top Pick Auto Parts Store Building Supply Storage Facility Auto Repair Shop (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

189
Businesses Nearby

Demographics for 13617, NY

12,083
Population
4,645
Households
2.6
Avg Household Size
29
Median Age
36%
College-Educated
93%
High-School Grad
132.5 sq mi
ZIP Area
91
Density / Sq Mi
$72,652
Median Household Income
$26,397
Median Earnings
$901
Median Rent
$148,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial and residential property near colleges and local businesses.
Where is this mixed-use property located?
The property is located at 5969 US Highway 11 Canton, NY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 3‑bedroom, 1.5‑bath home with converted garage for a private office or business space and its own half bath; New metal roof installed July 2025; Vaulted ceilings and two pellet stoves
More about this property
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