1180 Us-11, Gouverneur, NY 13642
This turnkey family restaurant in Gouverneur, NY, presents a unique redevelopment opportunity. Located on a high-traffic section of US-11 (Highway 11), at 1180 US-11, this property boasts a substantial 5,174 square feet across two buildings situated on a 2.8-acre lot. The property includes ample parking for 90 vehicles, ensuring convenient access for patrons. The restaurant is currently operating and features a Class A designation, reflecting its high-quality construction and amenities. The sale includes fee ownership of the land and buildings, offering complete control and potential for future expansion. With a permitted commercial zoning designation, various redevelopment options are available. The asking price is $699,000, and the property is available for occupancy on October 31, 2024. This is an exceptional opportunity for an investor seeking a well-established, profitable business with significant growth potential in a prime location within St. Lawrence County. The property's size and location make it ideal for expansion or adaptation to meet evolving market demands. Don't miss this chance to acquire a thriving business with a strong foundation for future success.
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.