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    OFF-MARKET
    Commercial real estate

    12050 Main St, Chaumont, NY 13622

    672 SF 0.15 ac lot Built 1990
    Property ID
    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
    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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