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    OFF-MARKET
    Specialty properties

    15 Raymond St, Norfolk, NY 13667

    3,532 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 15 Raymond St in Potsdam, NY, presents a compelling investment opportunity. Situated in the heart of the village, this 3,532 square foot building benefits from convenient access to public parking directly across the street. The property underwent a complete renovation in 2012, ensuring a modern and well-maintained structure. A significant upgrade was completed in 2023 with the installation of a new metal roof, enhancing its longevity and curb appeal. The building boasts a thoughtfully designed interior featuring several offices and a waiting room, ideal for a variety of professional uses. Currently occupied by a long-term tenant, this property offers a stable and attractive income stream, making it a savvy financial investment. Utilities are readily available, including public sewer and water, gas, and electric. The property's central location at the intersection of Market, Elm, and Raymond Streets provides excellent visibility and accessibility. This is a rare opportunity to acquire a well-maintained, income-producing commercial building in a desirable New York village setting. The asking price is $595,000. The property is zoned for commercial use and is located in St. Lawrence County, NY, zip code 13667.

    Property profile
    Verified
    Property type Specialty properties
    Total area 3,532 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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