Mixed-Use Investment
9 E Park Row Clinton, NY 13323
9 E Park Row, Clinton, NY, 13323
Contact for pricing
For Sale
Contact for pricing
Five-parcel property with multiple commercial tenants and two second-floor apartments in Clinton.
Property Size9,000 SF
Price / SF$127.78
Days on Market13
Property Features for 9 E Park Row
General Information
- Standard status
- Active
- Size
- 9,000 SF
- Property subtype
- Mixed Use
Listing agency
Pavia Real Estate
(315) 736-1555
Listed by
Christopher Flynn · License #10401342197
Source
Crexi
Added: Jul 9 Updated: Jul 20 at 5:44PM Checked: Jul 21 at 2:59AM
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 Pavia Real Estate
Investment Insights
Based on property information with market context.
Located at 9 E. Park Row in the Village of Clinton, this five-parcel investment property includes commercial space occupied by Fisher Auto Parts, Giovanni's Pizzeria, Heidelberg Materials, and Closet Boss, along with two second-floor apartments.
Public remarks cite high traffic and visibility, which may support storefront activity for the existing commercial tenants.
The offering is structured as a multi-parcel package with both income-producing retail/commercial tenants and residential units on the upper level, providing an investment mix across the five parcels.
Public remarks cite high traffic and visibility, which may support storefront activity for the existing commercial tenants.
The offering is structured as a multi-parcel package with both income-producing retail/commercial tenants and residential units on the upper level, providing an investment mix across the five parcels.
Key Highlights
- Five‑parcel property in the Village of Clinton
- Multiple commercial tenants including Fisher Auto Parts and Giovanni's Pizzeria
- Additional commercial tenants include Heidelberg Materials and Closet Boss
Local Financial Insights For Specialty 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 | $145.8k | $16.20 |
| − Vacancy | −$7.6k | −$0.84 |
| EGI | $138.2k | $15.36 |
| − OpEx | −$34.6k | −$3.84 |
| NOI | $103.7k | $11.52 |
9,000 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.48M
$1.30M – $1.73M
NOI $103,664 @ 7.0% cap · market cap 9.01%
Second Best
Retail
$1.29M
$1.13M – $1.51M
NOI $90,531 @ 7.0% cap · market cap 7.87%
Theoretical Best
Office A
$2.37M
$2.08M – $2.77M
NOI $166,018 @ 7.0% cap · market cap 14.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Nola's
Restaurant
O'Brien Thomas Law ...
Law Firm
Paul A Norton Attorney ...
Law Firm
Kirkland Art Center
Theater & Performing Art Venue
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Five-parcel property with multiple commercial tenants and two second-floor apartments in Clinton.
Where is this retail space located?
The property is located at 9 E Park Row Clinton, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Five‑parcel property in the Village of Clinton; Multiple commercial tenants including Fisher Auto Parts and Giovanni's Pizzeria; Additional commercial tenants include Heidelberg Materials and Closet Boss
