Technical
Financial
Distress signals
Property profile

242 Main St Massena, NY 13662

OFF-MARKET
Office buildings
Property ID
US63-6225401
2,402 SF 0.87 ac lot Built 1991
Entity Owned 20-yr Hold Free & Clear
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Property summary

AI-generated overview

This meticulously maintained 2,402 square foot commercial building in Massena, NY, presents a fantastic opportunity. Currently configured as a medical office, the property boasts a spacious waiting area with a convenient public restroom. Three well-appointed patient rooms are complemented by a large conference room, ideal for meetings or staff training. A dedicated nursing station ensures efficient workflow. The reception area offers ample space for business operations, including a small kitchenette for employee convenience. A private employee restroom adds to the functionality. The interior has been recently refreshed with a fresh coat of paint, enhancing the overall appeal. Located at 242 N Main St, this property is ready for immediate occupancy and offers significant potential for various commercial uses. The building sits on a 0-acre lot, providing convenient access and minimal exterior maintenance. Priced at $309,990, this is an exceptional value in a desirable location. The property's versatile layout and recent updates make it an attractive investment for a variety of businesses seeking a move-in ready space. Its prime location in Massena ensures high visibility and accessibility for clients and employees alike. This is a rare opportunity to acquire a well-maintained, functional commercial space in a thriving community.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1991
Total area 2,402 SF
Lot 0.87 ac (38,064 SF)
Zoning code CTD
APN 405801 9.042-7-4.11
UPID US63-6225401

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician

Location

242 Main St Massena, NY 13662-1122
Massena metro Census 490200 OGDENSBURG-MASSENA, NY MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2005
1 recorded transaction
2005
$250,000

Zoning & alternative use

CTD · Massena, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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