For Sale
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Property summary
This expansive 22,000 square foot commercial property in Norfolk, NY presents a remarkable investment opportunity. Situated almost equidistant from Potsdam and Massena, its prime location offers exceptional accessibility. The property boasts a large main building ideal for diverse business ventures, complemented by a substantial warehouse and several additional structures. These include a building previously used as an antique shop, a sizable garage, and a three-bay shelter area, all offering significant rental income potential or expansion space. The main building features eleven large rooms, providing ample flexibility for various uses. The property benefits from multiple heating sources, a newer metal roof, and upgraded OSHA-approved electrical wiring throughout. Internal amenities include three half-bathrooms and a utility room housing an oil tank and two compressors. This property's size and versatility make it an exceptional opportunity for entrepreneurs seeking a substantial space to establish or expand their business, or for investors looking to generate income through rentals. The significant square footage and multiple buildings offer a unique blend of potential uses and revenue streams. This is a rare chance to acquire a substantial commercial property in a strategic location with significant upside. Don't miss this chance to own a piece of Norfolk's commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
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Acoustical Consultant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Norfolk market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
05 - COMMERCIAL · Norfolk, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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