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    OFF-MARKET
    Commercial real estate

    33 New Rd, Hammond, NY 13646

    Built 1869
    Property ID
    Property summary
    AI-generated overview

    This exceptional property presents a unique investment opportunity on the St. Lawrence River in Hammond, NY. The stately home, locally known as Burke's Chippewa Lodge, sits on a generous 1.4-acre lot boasting 164 feet of prime river frontage and an additional 155 feet of road frontage. The sale includes the established cabin rental and docking business, providing immediate income potential. The property's location within the Hammond Central and Hammond Elementary school districts adds to its appeal. A significant feature is the inclusion of a two-bay garage equipped with a lift, offering ample storage and workspace. The property is being offered in "as is" condition, allowing for potential renovation and customization to suit the buyer's vision. This is a rare chance to acquire a substantial riverfront property with an existing business, offering both residential and commercial possibilities. The property's size, location, and existing business infrastructure make it an attractive proposition for a variety of buyers, from those seeking a private retreat to those interested in expanding an existing business portfolio. The established rental business provides a solid foundation for future growth and profitability. The property's "as is" condition allows for flexibility in terms of renovations and improvements. The inclusion of the two-bay garage with a lift adds significant value and utility.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1869
    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
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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