127 Elm St, Champlain, NY 12919
This exceptional commercial property, located at 127 Elm St in Champlain, NY, presents a unique investment opportunity. Boasting 5,898 square feet of space situated on a 1.4-acre lot, this property offers significant potential for a variety of commercial ventures. A key feature is the impressive 210 feet of river frontage along the Chazy River, providing stunning views and potential for outdoor activities or water-related businesses. The interior features a large open room ideal for hosting private events or large gatherings. A fully equipped kitchen, recently renovated with stainless steel appliances, including a food prep sink, handwashing sink, double oven, commercial refrigerator, and freezer, is perfect for catering or food service operations. A new double cooler is also included. A separate bar area with its own entrance adds to the versatility of the space. Additional features include dedicated office space and multiple bathrooms. The property's convenient location offers easy access to the Canadian border and Interstate 87, ensuring excellent accessibility for both local and regional clientele. A detailed feature sheet outlining all upgrades and included items is available upon request. This property is priced at $179,000 and represents a compelling opportunity for a discerning buyer.
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
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.