6300 Ny-37 St, Massena, NY 13662
This exceptional investment opportunity presents a vacant, 56,717-square-foot free-standing storefront building, formerly occupied by a Hannaford Grocery Store, located at 6300 NY-37 street, Massena, NY 13662. Priced at $1,700,000 ($29.97 per square foot), this property offers significant potential for redevelopment or lease to a new anchor tenant. The building is situated in a high-traffic area, adjacent to established businesses such as Ollie's Bargain Outlet, BJ's Wholesale Club, and McDonald's, and in close proximity to the Massena International Airport. The location boasts a strong demographic profile, with average household incomes exceeding $70,000 within a 10-mile radius. Ample parking is available, making it ideal for a flagship store, showroom, or other large-format retail operation. The property is currently vacant, presenting a blank canvas for a new business to establish a significant presence in this thriving market. This is a net lease property with no existing tenant and zero years remaining on the lease. The building's size and location offer a compelling value proposition well below replacement costs. The property is a single-building structure and represents a unique opportunity to capitalize on the strong retail environment in Massena, New York. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.