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    22 Clinton St Gouverneur, NY 13642

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    22 Clinton St Gouverneur, NY 13642


    • Showrooms
    • 21,888 SF
    • 0.21 lot acres
    Rent-A-Center in Gouverneur, NY For Sale
    $510,000
    6,200 SF

    Rent-A-Center in Gouverneur, NY

    Rent-A-Center property with Double Net lease in Gouverneur, NY.

    22 Clinton St, Gouverneur, NY 13642
    View Listing
    Property ID
    US63-1767661
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Rent-A-Center / Furniture & Home Goods / Home Decor Store

    Property Details for 22 Clinton St

    Year built
    1950
    Lot size
    0.21 lot acres
    Property size
    21,888 SF
    Zone code
    R1
    Property type
    Showrooms
    APN
    404001 173.032-2-1
    APU
    40400117303221

    Description

    This exceptional retail investment opportunity presents a 6,200-square-foot building situated on a 0.64-acre lot at 22 Clinton St, Gouverneur, NY 13642. The property boasts a strong 7.80% capitalization rate, driven by a stable, long-term net lease with a corporate guarantor. The current tenant, Rent-A-Center, has occupied the space since October 6, 1996, under a lease expiring November 30, 2030, leaving over six years remaining. The annual net operating income (NOI) is $39,714. The property benefits from a recent renovation completed in 2023, ensuring modern appeal and functionality. Located in a high-traffic area with over 4,600 vehicles daily on Clinton Street and an additional 11,800 on nearby W Main Street, the property enjoys excellent visibility and accessibility. The surrounding area features a dense retail corridor with national brands like Dollar General, Subway, Dunkin', McDonald's, and 7-Eleven, further enhancing its desirability. The proximity to Gouverneur High School (enrollment over 450 students) and RRH Gouverneur Hospital (25 beds) adds to the property's strategic location and potential for sustained growth. The building was originally constructed in 1950. This is a rare opportunity to acquire a well-located, income-producing retail property with a strong tenant and significant remaining lease term. The lease is a Double Net (NN) lease, minimizing landlord responsibilities.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $410,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $540,000
      Market price range: $540k - $1.58M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Gouverneur
    County
    St. Lawrence
    State
    New York
    Longitude
    -75.4692
    Latitude
    44.3358
    CBSA code
    36300
    CBSA name
    OGDENSBURG-MASSENA, NY MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $7,300
    $198,320
    $205,620
    -
    $9,012
    $244,840
    $253,852
    View Listing
    More about this property
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