Property profile

12050 Main St Chaumont, NY 13622

OFF-MARKET
Commercial real estate
672 SF 0.15 ac lot Built 1990
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Property summary

AI-generated overview

This exceptional commercial property at 12050 Main St, Chaumont, NY, presents a rare investment opportunity. The 3,517 square foot building offers a unique blend of historical character and modern functionality, ideal for a variety of commercial uses. Currently configured as a retail/restaurant space and a fully operational laundromat, this property is ready for immediate occupancy. The main building boasts a recently completed, extensive restoration (2019) exceeding $50,000 in improvements, including custom-built booths, an inviting outdoor seating area, and a fully restored bar. This attention to detail creates a captivating atmosphere perfect for attracting customers. The laundromat component adds a significant revenue stream and is included in the sale. The property sits on a 0.15-acre lot and provides ample parking for both the restaurant and laundromat. Its strategic location on Main Street in Chaumont ensures high visibility and easy access, guaranteeing a steady flow of potential customers. The 672 square foot laundromat is a turn-key operation, adding to the overall value and potential return on investment. This property is priced at $1,100,000 and offers a compelling combination of historical significance, modern amenities, and a strong potential for future growth. Don't miss this chance to acquire a thriving business in a desirable location.

Property profile

Verified
Property type Commercial real estate
Year built 1990
Total area 672 SF
Lot 0.15 ac (6,534 SF)

Cap rate & NOI

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

Location

12050 Main St Chaumont, NY 13622
Chaumont 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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