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    OFF-MARKET
    Turn key restaurants

    127 Elm St, Champlain, NY 12919

    5,898 SF 1.4 ac lot Built 1950
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US63-2662465
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1950
    Total area 5,898 SF
    Lot 1.4 ac (60,984 SF)
    APN 092801 18.20-3-1
    UPID US63-2662465
    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
    Champlain Energy LLC · 4 yrs held
    Champlain Energy LLC
    since 2022
    Last sale
    $115,000
    2 recorded transactions
    2022
    $115,000
    2012
    $50,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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