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Property profile & analytics

16 Wheeler Ave Malone, NY 12953

  • Office buildings
  • 7,584 SF
  • 0.91 lot acres
Value Estimation
Last Sale
Aug 16, 2021
$135,000
Location Intelligence
Property ID
US63-1911429
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Focus Retreat Center / Retreat Center

Property Details for 16 Wheeler Ave

Year built
1950
Lot size
0.91 lot acres
Property size
7,584 SF
Zone code
01 - NOT ZONED
Property type
Office buildings
APN
164801 112.26-1-57
APU
16480111226157

Description

This 0.91-acre commercial property in Malone, New York, presents a unique investment opportunity. Located near the Canadian border, the property features a completely renovated retreat center with 17 bedrooms, many equipped with sit-stand desks, and 8 bathrooms. A commercial kitchen is also included. All necessary permits are current, ensuring a smooth transition for the new owner. The versatile space is ideal for a variety of uses, including short-term rentals, sober living facilities, co-living spaces, artist and creator retreats, or corporate team-building facilities. The property's proximity to the Canadian border offers additional potential for attracting a diverse clientele. Seller financing may be available for qualified buyers, making this an attractive option for those seeking flexible payment terms. The existing infrastructure and permits significantly reduce the time and cost associated with starting a new venture. This property offers a rare chance to acquire a fully operational and permitted facility with significant potential for high returns. The property is ready for immediate use, minimizing the need for extensive renovations or permitting processes. Contact us to schedule a showing and explore the possibilities.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $160,000
  • CAP approach

    CAP return
    Estimation
    6%
    $145,000
    6.5%
    $130,000
    7%
    $135,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $135,000
    Geo Method
    $135,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $145,000
    Retail
    $120,000
    Mixed-Use
    $155,000
    Hospitality
    $130,000
    Educational
    $150,000
    Residential Income
    $115,000
    Energy
    $150,000
    Income-Based Land
    $145,000
    Food Service
    $110,000

Location Insight

  • Map
  • Local Demand
City
Malone
County
Franklin
State
New York
Longitude
-74.2879
Latitude
44.8506
CBSA code
31660
CBSA name
MALONE, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$33,200
$146,800
$180,000
-
$55,333
$244,667
$300,000
More about this property
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