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Property profile & analytics
OFF-MARKET
Turn key restaurants

185 Market St Potsdam, NY 13676-1221

5,400 SF 0.9 ac lot Built 1989
Individually Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US63-1751095
Property summary
AI-generated overview

This exceptional 7,700 square foot retail building, situated on 0.9 acres in St. Lawrence County, presents a unique investment or leasing opportunity. Currently vacant, the property offers flexible space options, ranging from a minimum of 1,500 contiguous square feet to the entire 7,700 square feet. Built in 1980, the single-story building features two suites and ample parking with 60 spaces. Its prime location on Route 56, adjacent to the highly successful Price Chopper Plaza, ensures high visibility and foot traffic. The property benefits from its proximity to numerous national retailers including Harbor Freight, Kinney Drugs, Big Lots, McDonald's, Taco Bell, Burger King, Lowe's, Dunkin', Stewart's, Walgreens, and Dollar General, further enhancing its appeal. The area also boasts a strong population base, fueled by the presence of SUNY Potsdam and Clarkson University. Zoned Commercial B-1, this property is ideal for a variety of retail uses, including restaurants and medical facilities. The owner is open to leasing the entire building or individual suites, with the smaller 1,500 square foot space becoming available upon lease of the larger restaurant space. This is a rare chance to acquire a well-located, versatile property in a thriving commercial area.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1989
Total area 5,400 SF
Lot 0.9 ac (39,204 SF)
Zoning code 01 - NOT ZONED
APN 407403 64.034-1-2
UPID US63-1751095
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
Grace Peace Potsdamllc · 3 yrs held
Grace Peace Potsdamllc
since 2022
1 recorded transaction
2022
$536,800
Zoning & alternative use
01 - NOT ZONED · Potsdam, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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