4 Harrowgate Cmns Chaumont, NY 13622
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Specialty properties
Property Details for 4 Harrowgate Cmns
- Lot size
- 3.30 lot acres
- Property size
- 15,000 SF
- Property type
- Specialty properties
- Property subtype
- Land
Description
This exceptional 3.3-acre commercial land parcel, located at 4 Harrowgate Commons in Massena, New York (zip code 13622), presents a unique investment opportunity. The 15,000 square foot site is currently occupied by a government agency under a long-term lease, ensuring a stable and predictable income stream. The property is in pristine condition, requiring no immediate capital expenditures for deferred maintenance. Financial details, including a 2.8% cap rate, are available upon request. This property is strategically situated at the corner of Main Street and Harrowgate Commons, offering high visibility and accessibility. The current tenant's commitment to a long-term lease provides significant financial security. It's important to note that this property is part of a larger five-property portfolio, offering potential for bulk purchase at a discounted price. The portfolio includes three properties leased by government agencies, one by a medical facility, and another with five duplex units. This presents a compelling opportunity for investors seeking a diversified commercial real estate portfolio with strong, long-term rental income. Serious inquiries are encouraged to explore this lucrative investment further.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chaumont
- County
- St. Lawrence
- State
- New York
- Longitude
- -76.1088
- Latitude
- 44.0938
