Property profile

3215 State Route 3 Saranac, NY 12981

OFF-MARKET
Commercial real estate
2,688 SF 0.58 ac lot Built 1997
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Property summary

AI-generated overview

This exceptional commercial property, located at 3215 State Route 3 Unit 3215 in Saranac, NY, presents a unique investment opportunity. The building boasts a substantial 2,688 square feet of space, ideally suited for a variety of commercial uses. Previously utilized as an automotive sales and service center, its adaptable layout offers significant potential for diverse business ventures. Key features include a spacious garage equipped with an oversized 10-foot door, providing ample room for vehicles or equipment. In addition to the garage, the property includes well-appointed office space, comfortable common areas, and a convenient kitchenette. The 0.58-acre lot provides ample outdoor space, offering further possibilities for expansion or outdoor operations. The asking price for this versatile commercial property is $299,000. This represents a compelling opportunity to acquire a well-located, spacious commercial building with significant upside potential in a thriving community. The property's size, layout, and location make it an attractive option for entrepreneurs and investors seeking a strong foothold in the Saranac market. Serious inquiries are encouraged to explore the possibilities this property offers.

Property profile

Verified
Property type Commercial real estate
Year built 1997
Total area 2,688 SF
Lot 0.58 ac (25,265 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3215 State Route 3 Saranac, NY 12981
Saranac metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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