Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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