1 Franklin St, Ogdensburg, NY 13669
This exceptional 550,000 USD commercial property boasts an unparalleled location on the St. Lawrence River in Ogdensburg, New York. The lot offers an impressive 209 feet of river frontage and extends 275 feet deep, providing ample space for a variety of commercial developments. A significant advantage is the presence of a large paved parking lot, eliminating the need for extensive site preparation. The property's previous connection to city water and sewer services, along with existing electric service, simplifies the development process and reduces initial infrastructure costs. Its strategic location offers easy access to key amenities and attractions. The Ogdensburg Greenbelt and Marina are within close proximity, as is the Patterson Street City boat launch. Furthermore, the renowned Remington Museum and the vibrant downtown area are conveniently within walking distance, ensuring high visibility and accessibility for any commercial venture. This unique offering presents a rare chance to capitalize on the stunning riverfront setting and the thriving community of Ogdensburg. The property's size and existing infrastructure make it an ideal site for a diverse range of commercial uses, from restaurants and retail spaces to offices and recreational facilities. Don't miss this exceptional opportunity to establish a thriving business in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.