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Property profile & analytics
OFF-MARKET
Office buildings

15 Raymond St Potsdam, NY 13676-1163

3,532 SF 0.14 ac lot Built 1945
Entity Owned Free & Clear
Property ID
US63-3804541
Property summary
AI-generated overview

This exceptional 3,532 square foot commercial building is ideally situated in the heart of Potsdam, NY, offering immediate access to ample public parking directly across the street. Completely gutted and renovated in 2012, this well-maintained property boasts a recently installed metal roof (2023), ensuring long-term durability and reduced maintenance costs. Currently occupied by a long-term tenant, this presents a secure and financially savvy investment opportunity. The building's interior features a thoughtfully designed layout including multiple offices and a comfortable waiting area, perfect for a variety of professional uses. All essential utilities are readily available, including public sewer and water, gas, and electric. The building's central location and strong tenant occupancy make this a rare find in the competitive Potsdam commercial real estate market. This is a turnkey operation, ready for a new owner to step in and enjoy the benefits of a stable, income-generating asset. The property's solid construction and recent upgrades ensure a low-maintenance and high-return investment for years to come. Don't miss this chance to acquire a prime commercial property in a thriving village setting.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1945
Total area 3,532 SF
Lot 0.14 ac (6,160 SF)
Zoning code 01 - NOT ZONED
APN 407403 64.058-4-36.2
UPID US63-3804541
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
Current use
Occupant on record · Public records
  • Heather Jones, MD Pediatrician Medical Clinic
  • David Nevins, PA Physician
  • Dr. Alexandru A. Stoian, MD Physician
  • Syed Wali, MD Pediatrician Medical Clinic
  • Rajiv Shantilal Shah Physician
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
MAGINN LIFETIME TRUST
MAGINN LIFETIME TRUST
Zoning & alternative use
01 - NOT ZONED · Potsdam, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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