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Retail Corner Location Opportunity

830 State St, Ogdensburg, NY 13669

For Sale
$375,000

Retail or convenience store with road frontages and parking.

Property Size1,624 SF
Lot Size0.50 Acres
Price / SF$230.91
Days on Market245

Property Features for 830 State St

General Information

Standard status Active
Size 1,624 SF
Lot size 0.50 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $5,065

Building Details

Building Size 1,624 SF
Year Built 1988
Stories 1
Listing Agency: RE/MAX ONE
Listed By: Anthony Paone · License NY #10311205565
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 6:18AM

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 RE/MAX ONE

Rey
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Investment Insights

Based on property information with market context.

This property offers a retail or convenience store opportunity at a corner location with three road frontages. The building has a total of 1624 square feet and includes ample parking. Formerly a convenience store, some equipment remains. The property benefits from excellent visibility and good traffic in Ogdensburg. This sale also includes an adjacent property at 308 Jersey Ave, and the seller is remodeling the second-story apartment at that location. This property is also part of a five-parcel package sale.

Key Highlights

  • High‑visibility corner location with three road frontages.
  • Suitable for retail or convenience store use.
  • Ample parking available.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,204
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$504,080 $504.1K
Cap Rate 7%
$360,057 $360.1K
Cap Rate 9%
$280,044 $280.0K
Market Conditions
NOI Build-Up for 1,624 SF
Gross rent
$35.1K $21.60/SF
− Vacancy
−$1.5K −$0.91/SF
EGI
$33.6K $20.69/SF
− OpEx
−$8.4K −$5.17/SF
NOI
$25.2K $15.52/SF
Area
St. Lawrence County, NY
Vacancy
4.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$504,080
Cap Rate 7%
$360,057
Cap Rate 9%
$280,044

Alternative Uses

Best Use
Specialty Retail
$360.1K
$315.1K – $420.1K (±1% cap)
NOI $25,204 @ 7.0% cap · market cap 6.72%
Second Best
Retail
$295.0K
$258.1K – $344.1K (±1% cap)
NOI $20,648 @ 7.0% cap · market cap 5.51%
Theoretical Best
Office A
$402.9K
$352.5K – $470.1K (±1% cap)
NOI $28,203 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency HVAC Service Daycare Center Bakery Barber Shop Garden Center

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

436
Businesses Nearby
Under-served
Demand for This Use

Demographics for 13669, NY

14,990
Population
7,419
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
85%
High-School Grad
101.5 sq mi
ZIP Area
148
Density / Sq Mi
$66,488
Median Household Income
$36,546
Median Earnings
$769
Median Rent
$101,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • Save A Lot — 701 Canton St, Ogdensburg, NY 13669

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Retail or convenience store with road frontages and parking.
Where is this grocery and convenience store located?
The property is located at 830 State St Ogdensburg, NY.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: High‑visibility corner location with three road frontages.; Suitable for retail or convenience store use.; Ample parking available.
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Includes: Price & PSF · Cap rate · Location · Zoning

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