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    OFF-MARKET
    Retail space

    1034 Us Hwy 11, Gouverneur, NY 13642-3507

    1,262 SF 0.36 ac lot Built 1950
    Individually Owned 15-yr Hold Free & Clear
    Property ID
    US63-2107059
    Property summary
    AI-generated overview

    This versatile 1,383 square foot building presents a compelling investment opportunity in the thriving town of Gouverneur, New York. Situated on a sizable 0.35-acre lot, this property offers exceptional flexibility for a wide range of uses. Its current configuration allows for immediate occupancy and adaptation to various business needs, making it ideal for entrepreneurs seeking a ready-made space. Alternatively, the property's size and location could be perfectly suited for expansion or redevelopment. The ample lot provides significant potential for future development or outdoor space, depending on the intended use. Located at 1034 US Highway 11, this property benefits from high visibility and convenient access to major transportation routes, ensuring excellent exposure and accessibility for any business. The asking price of $126,000 represents a significant value proposition in the current market, making this an attractive investment for both seasoned investors and first-time buyers. Don't miss this chance to acquire a property with substantial upside in a desirable location. The property's adaptability makes it suitable for a variety of commercial ventures or even a potential residential conversion, subject to local zoning regulations. Serious inquiries are encouraged to explore the full potential of this unique offering.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1950
    Total area 1,262 SF
    Lot 0.36 ac (15,875 SF)
    Zoning code R
    APN 404089 173.054-1-27
    UPID US63-2107059
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Jamie Tupper · 15 yrs held
    Jamie Tupper
    since 2011
    1 recorded transaction
    2011
    $25,000
    Zoning & alternative use
    R · Gouverneur, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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