Technical
Financial
Distress signals
Property profile

25 Hospital Dr Massena, NY 13662

OFF-MARKET
Office buildings
Property ID
US63-2106420
1,764 SF 0.39 ac lot Built 1990
Entity Owned 18-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This well-maintained 1,800 square foot office building located at 25 Hospital Drive in Massena, New York, presents a fantastic opportunity for a business seeking immediate occupancy. The property boasts seven individual offices, providing ample space for a variety of configurations to suit different business needs. Two conveniently located bathrooms are included for employee and client use. The building is in excellent condition, requiring minimal future maintenance thanks to its durable metal roof and vinyl siding. This translates to significant cost savings for the new owner. Extensive parking is available on-site, ensuring convenient access for staff and visitors. The property is a single-family building, offering a unique opportunity for a business owner seeking a combination of professional space and potential for personal use. The asking price is $219,900. This is a turnkey solution for a business looking for a functional and well-maintained space in a desirable location. The property is ready for immediate occupancy, allowing for a quick and seamless transition for your business. Don't miss this chance to acquire a prime commercial property in Massena, NY.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1990
Total area 1,764 SF
Lot 0.39 ac (17,094 SF)
Zoning code PCD
APN 405801 9.057-2-6.211
UPID US63-2106420

Cap rate & NOI

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

Location

25 Hospital Dr Massena, NY 13662-1009
Massena metro Census 490200 OGDENSBURG-MASSENA, NY MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2008
1 recorded transaction
2008
$350,000

Zoning & alternative use

PCD · 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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