Freestanding Retail Building with
60 COUNTRY LN Potsdam, NY 13676
For Sale
$495,000
Renovated freestanding retail building with 12' ceilings, extensive storefront windows, and a wraparound covered patio.
Property Size2,832 SF
Lot Size1.00 Acre
Price / SF$174.79
Days on Market430
Property Features for 60 COUNTRY LN
General Information
Standard status
Active
Size
2,832 SF
Lot size
1.00 Acre
Property subtype
General Commercial
Building Details
Year Built
2005
Listing Agency:
O'Brien Properties, LLC
(315) 244-5746
Listed By:
Lisa O'Brien · License #10491212419
(315) 244-5746
Source:
Xome
Added: May 25, 2025
Changed: Jul 23
Last Checked: Jul 28 at 3:43AM
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 O'Brien Properties, LLC
Investment Insights
Based on property information with market context.
Freestanding retail facility on a 1-acre lot featuring a fully renovated interior completed down to the studs in 2022–2023, including new major mechanicals and new construction materials. The space is delivered as a wide-open, blank-slate floor plan with 12' ceilings, extensive window line along the front and right façade, and multiple signage options. A wraparound covered patio on the street side provides additional outdoor space for displays or seating.
The building exterior is finished with composite (fiber cement) siding and includes four entrance doors for flexibility, with ample parking on three sides. The property is shadow-anchored by Lowe’s and is positioned for visibility with direct proximity to high-volume traffic, according to the remarks. The 1-acre parcel is being subdivided from a 15-acre tract, and taxes/assessment are currently based on the 15-acre parcel. Plans are available for paved parking and full exterior paint, and there is an option to purchase additional acreage.
The building exterior is finished with composite (fiber cement) siding and includes four entrance doors for flexibility, with ample parking on three sides. The property is shadow-anchored by Lowe’s and is positioned for visibility with direct proximity to high-volume traffic, according to the remarks. The 1-acre parcel is being subdivided from a 15-acre tract, and taxes/assessment are currently based on the 15-acre parcel. Plans are available for paved parking and full exterior paint, and there is an option to purchase additional acreage.
Key Highlights
- Freestanding 2,830 SF retail facility built in 2005 on a 1‑acre level lot
- Fully renovated interior down to the studs in 2022–2023, with all new major mechanicals
- Wide‑open floor plan with 12' ceilings plus extensive front and right‑façade window line
Financial Insights For Retail
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 | $53.7k | $18.96 |
| − Vacancy | −$2.3k | −$0.80 |
| EGI | $51.4k | $18.16 |
| − OpEx | −$15.4k | −$5.45 |
| NOI | $36.0k | $12.71 |
2,832 SF · lease $18.96/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$514.4K
$450.1K – $600.1K
NOI $36,008 @ 7.0% cap · market cap 7.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$702.6K
$614.8K – $819.7K
NOI $49,182 @ 7.0% cap · market cap 9.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Renovated freestanding retail building with 12' ceilings, extensive storefront windows, and a wraparound covered patio.
Where is this retail space located?
The property is located at 60 COUNTRY LN Potsdam, NY.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Freestanding 2,830 SF retail facility built in 2005 on a 1‑acre level lot; Fully renovated interior down to the studs in 2022–2023, with all new major mechanicals; Wide‑open floor plan with 12' ceilings plus extensive front and right‑façade window line
