16 Wheeler Ave Malone, NY 12953
For Sale
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This 0.91-acre commercial property in Malone, New York, presents a unique investment opportunity. Located near the Canadian border, the property features a completely renovated retreat center with 17 bedrooms, many equipped with sit-stand desks, and 8 bathrooms. A commercial kitchen is also included. All necessary permits are current, ensuring a smooth transition for the new owner. The versatile space is ideal for a variety of uses, including short-term rentals, sober living facilities, co-living spaces, artist and creator retreats, or corporate team-building facilities. The property's proximity to the Canadian border offers additional potential for attracting a diverse clientele. Seller financing may be available for qualified buyers, making this an attractive option for those seeking flexible payment terms. The existing infrastructure and permits significantly reduce the time and cost associated with starting a new venture. This property offers a rare chance to acquire a fully operational and permitted facility with significant potential for high returns. The property is ready for immediate use, minimizing the need for extensive renovations or permitting processes. Contact us to schedule a showing and explore the possibilities.
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Focus Retreat Center Resort Vacation Rental
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
01 - NOT ZONED · Malone, NYMalone. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.