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    OFF-MARKET
    Commercial real estate

    11033 Rt 9, Champlain, NY 12919

    1,376 SF 1.4 ac lot Built 1965
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 11033 Rt 9 in Champlain, NY, presents a unique investment opportunity. Boasting 1,376 square feet of space situated on a 1.4-acre lot, this building enjoys unparalleled visibility due to its prime corner location at the intersection of State Routes 9 and 11. Its strategic proximity to Interstate 87, Rouses Point, and multiple US/Canadian border crossings ensures high traffic volume and excellent accessibility. The property previously served as offices for insurance companies, offering a versatile layout adaptable to a variety of commercial uses. Ample off-street parking is available, catering to the needs of employees and customers. The potential for diverse business ventures is significant, given the high visibility, convenient location, and substantial parking. This property is ideal for businesses seeking a strong presence in a high-traffic area with easy access to major transportation routes and international borders. The 1.4-acre lot offers expansion possibilities or the potential for additional development. This is a rare opportunity to acquire a well-situated commercial property in a thriving location. The asking price is $164,900.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1965
    Total area 1,376 SF
    Lot 1.4 ac (60,984 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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