Property profile

900 State St-1 Ogdensburg, NY 13669

OFF-MARKET
Retail properties & Spaces
5,000 SF 0.18 ac lot Built 1968
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Property summary

AI-generated overview

This exceptional offering presents a unique opportunity to acquire a thriving, fully operational restaurant situated on a 0.18-acre lot in Ogdensburg, NY. The 5,000 square foot, single-story building, constructed in 1968, boasts 20 parking spaces and is zoned for commercial use. Included in the sale price of $299,000 ($59.80/sq ft) is the restaurant's existing equipment, including a walk-in cooler and freezers. The property also includes the adjacent 314 Canton St. building. This sale is part of a larger five-parcel package, offering significant investment potential. The restaurant is currently operational, with a potential leaseback option for continued income generation. Owner financing may be available. The property is conveniently located at 900 State St, Ogdensburg, NY 13669, easily accessible via Route 68. Note that the tax records do not reflect the accurate square footage. This is a rare chance to own a successful business and valuable real estate in a prime location. Detailed tax information and property maps for all five parcels are available upon request.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1968
Total area 5,000 SF
Lot 0.18 ac (7,841 SF)

Cap rate & NOI

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

Location

900 State St-1 Ogdensburg, NY 13669
Ogdensburg 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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